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Money Laundering

Indian Updates for the aspiring students, Certified Anti Moneylaundering Experts (CAME) and Certified TBML Experts on the Money Laundering Rules, Regulations, Enforcements and Transactions.

SIT recommendations to curb laundering

The Supreme Court-appointed SIT on black money has come out with a slew of recommendations to curb money laundering, including misuse of exemption on long-term capital gains tax, Participatory Notes and...
risk assessment

Importance of Risk Assessment in Anti Money Laundering

Risk assessment is the basis of applying the risk-based approach in any organization. Performing an AML risk assessment enables an organization to understand how, and to what extent, it...

Conceptual Development of Money Laundering

Introduction Money laundering is an inevitable extension of organized crime and an essential aspect of any profit –generating criminal activity. Broadly stated the term money-laundering means any process or activity connected...
FATF India

CAME Becomes a Certification of National Significance

If we go 2000 years back in time, Money laundering existed and if we go 2000 years forward in time, it would still be in existence. This was sensed...
video

Stock Market Money Laundering Techniques

Money laundering through stock market is a popular mechanism among the financial criminals. Stock market has always been on the target of the launderers. There are many examples where the operators...

Impact of Demonetization on CAME Profession

Demonetization efforts of the Indian government are likely to see a increased demand for the Certified Anti Money Laundering Experts. The anti-money laundering (AML) function for financial institutions, such as banks...

Penalty on Airtel Payments Bank for violation of KYC Norms

Based on the complaints and adverse media reports alleging that the Airtel Payments bank had opened customer accounts without a clear/specific consent of the customers, a supervisory visit to the bank...

Commonly used TBML Techniques

TBML techniques are becoming popular as an alternative remittance system that allows to move the proceeds of illegal activities disguised as legitimate trade. Trade provides ample opportunities to earn money over...

Diamond Money laundering

Diamond Money Laundering Research Study on Diamond Money Laundering, based on information provided voluntarily by countries and organizations of the global diamond sector, and drafted in partnership with the Egmont Group of...

Money laundering through Indian NGOs

Indian NGOs and the risk of Laundering Voluntary organizations receiving more than Rs. 11,500 crore ($1.9 billion) in foreign funds annually, the Home Ministry has warned that the NGOs could be vulnerable...

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