FIU notifies fresh money laundering, terror financing reporting alerts for capital markets

FIU notifies fresh money laundering, terror financing reporting alerts for capital markets

New Delhi: A fresh set of ‘alert indicators’ have been issued by India’s financial intelligence unit (FIU) for capital markets, insurance companies, online payment gateway intermediaries and crypto currency service providers for effective checking of suspicious transactions in their channels as part of the anti-money laundering and counter-terrorism financing regime. These new guidelines have been … Read more

Redrawing list: 44 state and central nodal officers named to monitor UAPA cases

Redrawing list: 44 state and central nodal officers named to monitor UAPA cases

New Delhi: To monitor financial transactions of individuals and entities booked under Unlawful Activities Prevention Act (UAPA), the Union home ministry has redrawn a list of 44 state and central nodal officers, an official said. Under section 51 A of UAPA, powers of the central government are delegated to state, immigration and regulatory authorities to … Read more