Money laundering, India
FATF Commends India's Anti-Money Laundering Efforts
The Financial Action Task Force (FATF) has recognized India's strides against money laundering and terrorism financing with a 'Regular Follow-up' rating. The FATF praised India's structural and institutional frameworks,
FATF urges India to reduce pending laundering cases
The Financial Action Task Force has acknowledged India's efforts but called for reducing pending money laundering cases and significant changes in prosecuting terror financing. The report highlights threats from extremist groups and stresses the need for better regulation of non-profits to prevent their misuse for terrorist financing.
Anti-money laundering watchdog calls on India to speed up prosecutions
The global anti-money laundering watchdog, the financial Action Task Force (FATF) urged India on Thursday to speed up its prosecutions in financial fraud cases.
FATF asks India to speed money laundering cases
FATF also said India has to improve the implementation of cash restrictions by dealers in precious metals and stones as a priority.
FATF praises India's anti-money laundering, terror financing system; calls for better prosecution
Global anti-money laundering and terror financing body FATF on Thursday launched its much-awaited mutual evaluation report on India, saying the county's systems were "effective" but "major improvements" were required to strengthen prosecution in these cases.
tbsnews9h
Preventing money laundering, return of stolen assets a responsibility of foreign countries: TIB
The Transparency International Bangladesh (TIB) has called on governments of foreign countries to take concrete action to help Bangladesh expedite the return of stolen assets and prevent money ...
Diddy’s indictment will likely include money laundering charges: Attorney | Morning in America
Sean “Diddy” Combs was arrested Monday in Manhattan following a grand jury indictment, his attorney said in a statement.
Marceno money laundering allegations: Records show LCSO paid ghost employee $5,700 a month
Lee County Sheriff's Office consultant Ken Romano was paid $5,700 in taxpayer monies a month for months for what he called ...
Hoodline8h
Former Georgia Attorney Pleads Guilty to Fraudulent COVID-19 Relief Claims and Money Laundering
Former attorney Sanjay Patel pleaded guilty to fraud and money laundering charges related to COVID-19 relief funds.
Inside Bitcoins10h
British Columbia Targets Alleged Casino Money Laundering Scheme
The government of British Columbia is moving to seize CAD880,000 (approximately $647,000) in a court order. This sum had been ...
Why one of Canada’s top bankers is leaving TD amid a money-laundering scandal
In May, Fintrac, Canada’s financial-crime watchdog, also issued a penalty against TD — amounting to $9.2-million — for ...
Man jailed for money laundering and drug supply
Timothy Ayers, 43, was sentenced in the Royal Court for money laundering and supplying cocaine. Ayers was found to have ...
A bold new tool is targeting money laundering. But it may be violating Canadians’ basic rights
Unexplained wealth orders put a reverse onus on the owner of the property in question to prove that they acquired it through ...