Complytics Solutions ’s Post

Faces of the Scandal: How Rafat Ali Rizvi's Money Laundering Cases Have Not Been Stopped Rafat Ali Rizvi's money laundering legit exposed critical failures in government oversight and financial regulation. How did such a scandal slip through the cracks? #rafatalirizvi #rafatrizvi #rafatalirizvimoneylaundering #rafatalirizvicriminalmastermind #interpolrednotice #financialfraud

Read the India chapter of Anti-Money Laundering Laws and Regulations 2024 co-authored by our Partner (Co-Head - White Collar & Investigations) Faraz Alam Sagar, Partner Sara Sundaram and Principal Associate Pragati S. published by International Comparative Legal Guides (ICLG). This chapter covers issues including criminal enforcement, regulatory and administrative enforcement and requirements for financial institutions and other designated businesses.   Read it at: https://lnkd.in/dscWr2tW   #ICLG #AntiMoneyLaunderingLaw #AntiMoneyLaunderingRegulations #PracticeGuide

Title: Commentary on The Prevention Of Corruption Act ,1988 Author: Anoopam Modak Print Price: Rs.2970.00 Net Price: Rs.2376.00 Click here to order: https://lnkd.in/dBv_5eCH With New Criminal Laws Perspectives [BNS, BNSS, BSA, 2023] #pcact #prevention #corruption #preventionofcorruption #bns #bnss #bsa #9789395939928 #vinodpublications

This concise overview by our associates, Mr. Jitin Bharadwaj and Mr. Shivam Mishra explores the complexities of prosecuting money laundering under India’s Prevention of Money Laundering Act (PMLA), 2002. The article delves into the definitions of money laundering, the interplay with the Code of Criminal Procedure (CrPC), and the judicial perspectives on separate trials for predicate and laundering offenses. The authors elucidate the stringent procedural and penalty norms, highlighting recent court interpretations that affirm PMLA's constitutional validity while addressing the procedural challenges faced in its enforcement. Please read the full article here: https://lnkd.in/gC4qUVkg #MetalegalAdvocates #MetalegalInsights #PMLA2022 #MoneyLaunderingLaw #PredicateOffences #AntiMoneyLaundering #LegalInsights

Upholding Financial Integrity: The Enforcement Directorate (ED) plays a pivotal role in investigating financial crimes such as money laundering and forex violations, safeguarding India's economic integrity. #EnforcementDirectorate #FinancialIntegrity #India #drmanishaggarwal #eoschambers #eoschambersoflaw

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is a significant legislative initiative introduced by the UK Government, aimed at combatting the exploitation of corporate structures in relation to fraud and money laundering. Find out what it means for UK-based businesses in our ECCTA Info Hub. https://lnkd.in/ewamMV9P #ECCTA #Legislation #CompanyDirectors #BoardOfDirectors #EconomicCrime

Section 237 Of BNS Using as true such declaration knowing it to be false. Whoever corruptly uses or attempts to use as true any such declaration, knowing the same to be false in any material point, shall be punished in the same manner as if he gave false evidence. #uswc #corruption #falseevidence #legalpenalty #lawandjustice #legalaccountability #truthandjustice

Sameer Wankhede Ke Khilaf ED Ne Case File Kiya, Allegedly Rs 25-Crore Bribe Mamle Read Full News: https://bit.ly/49vzea0 #allegations #AntiCorruption #breakingnews #BribeMamle #casefile #Corruption #CorruptionCase #dailynews #ED #EnforcementDirectorate #Gallinews #investigation #Mumbai #mumbainews #news #newsupdate #sameerwankhede #todaynews

The circular of the ENFORCEMENT DIRECTORATE (#ED) to its officials and investigating officers (IOs) to record statements of individuals summoned under Section 50 of the Prevention of Money Laundering Act (#PMLA), 2002, during office hours and not keep them waiting for hours at their offices seeks to right a wrong the #agency has been indulging in for quite some time. #antimoneylaundering #AML #moneylaundering #dirtymoney #CFT #counterterrorismfinancing #financialcrime #financialcrimes #compliance #complianceofficer #duediligence #terroristfinancing #pep #sanctions #audit #FinancialIntelligenceUnits #FIU #SuspiciousActivityReport #cdd #kyc #regulations #CFP #risk #riskmanagement #investigation #monitoring #india

Following the enactment of Section 34 of PRECCA which makes failure to prevent corruption and money laundering a criminal offence, Smartryk Calitz discusses the importance of effective communication to employees so that they can join the fight. https://lnkd.in/dKitiE_w