Money Laundering

2017 will see changes in the syllabus of AML Certification

Reforms in various laws related to financial crimes have changed the compliance rules in 2016, many of these legislations would see activity in the...

Money Laundering Vs. Terrorist Financing

Quite frequently, I see a lot of people using the terms money laundering and terrorist financing together. AML and CTF terms are frequently seen...

Amendments in Benami Transactions Act

Benami Transactions Act of 1988 was amended in 2015. These amendments are predominately anti money laundering measures and its purpose is to seize benami...

How does money laundering work ?

Money laundering is a way to make illegally earned money or money that was not properly taxed look like it came from a legal...

Money Laundering through Microfinance Companies

Background Microfinance companies are like banks but for people who don't have access to regular banks. They give small loans and help people in...

Fighting the funding of fighters – Part II

This is the second part of the article in the series of Fighting the funding of fighters. Enhancing detection and fighting capabilities of financial institutions It...

Fighting the funding of fighters

Introduction This article is divided into two parts.Here is the first part of the article which is named as "Fighting the funding of fighters" Part...

Money Laundering though ICSIL

Intelligent Communication Systems India Limited (ICSIL) is a joint venture of Telecommunications Consultants India Limited, a Government of India enterprise, and Delhi State Industrial...