...Rishu Singh; Haresh B. Barot Purpose This paper examines the potential misuse of external commercial borrowings (ECBs) as channels for trade-based money laundering ( TBML ), using India as a case study. While ECBs are an essential source of foreign capital, especially in developing economies...

...Durgesh Pandey Purpose This paper aims to analyse the Financial Intelligence Units (FIUs) of Canada, Australia, The Netherlands and India, focussing on key internal and external processes, such as the exchange of information, operations and compliance with Financial Action Task Force (FATF...

...: India Demonetization Cashless Fake currency Deepa Jain can be contacted at: diya.deep83@gmail.com © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only The purpose of this paper is to explore the real causes of demonetization drive...

...Shirin Sultana India Bangladesh Financial crimes Money laundering Financial intelligence unit Shirin Sultana can be contacted at: shirin.law@du.ac.bd © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only The purpose of this paper...

...Sameer Sharma India Anti money laundering Prevention of Money Laundering Act Stand-alone offence Burden of proof Retrospectivity The Prevention of Money Laundering Act, 2002 (the PMLA/the Act) was introduced to make money laundering (ML) an offence and to attach property involved...

... as “Pradhan Mantri Garib Kalyan Deposit Scheme” (Prime Minister Poor Welfare Deposit Scheme) in which as per the amendments of Income Tax laws, 50 per cent tax levy was proposed on voluntary disclosure of unaccounted money and up to 85 per cent if caught (Rajpoot, 2016). India was ranked third globally...

.../approach The target population was account holders of the banks above the age of 18 years, residing in the Puducherry and Chennai regions in India. Convenience sampling was adopted in selecting the sample from these states. The sample consisted of 416 customers of the public, private and foreign banks...

...Milind Sathye; Chris Patel Purpose The purpose of this paper is to present a comparative position of the extent of commonality or diversity in the rationale, objectives, processes used and outcomes achieved by financial intelligence agencies in India and Australia. An effective financial...

... of summons and survey, search and seizure, the appellate tribunal, special courts, officers to assist in inquiry, and mutual assistance between India and other countries over information exchange, investigation, confiscation of illegally acquired property etc. Journal of Money Laundering Control Ð Vol. 7...