India's fight against money laundering and terror financing receives recognition and constructive feedback from the FATF. With continued ef...

The Indian government has widened the ambit of its anti-money laundering law by bringing in new reporting entities, and changed the way fin...

Two Russian institutional entities and an individual, all based in Moscow, appear in the list of registered foreign portfolio investors (FP...

Chartered accountants (CA), company secretaries (CS) and cost accountants (CWA) managing client money for a specified set of financial tran...

Foreign funds - both new and existing - registered in the UAE are being subjected to tighter Know Your Client (KYC) documentations, while N...

With money laundering and terror financing becoming easy due to the lack of coordinated global rules with respect to cryptocurrencies, new ...

Speaking at UNSC special joint meeting, Rajesh Parihar, First Secretary, India's Permanent Mission to UN said: "Misuse of blockchain techno...

At present, funds from jurisdictions that are FATF complaint were permitted to get a licence under properly regulated category or Category ...

The word of caution, as India hinted at IMF funds being at risk, came ahead of next month's peer review of Pakistan at FATF, sources said.

The proposal would place FPIs based in the Indian Ocean tax havens and jurisdictions such as Cyprus and the British Virgin Islands at disad...

Further, the non-resident entity should be incorporated in a country that is member of the Financial Action Task Force (FATF) or member of ...

Jan Dhan to ensure at least one member in every household in the country had a bank account, could emerge as a worldwide template for achie...

Government today permitted residents of the Gulf nations and all EU nations to invest directly in stock markets.

The finance ministry has proposed replacing the separate ‘know your customer’ checks run by banks and financial institutions with a single,...

The government today said the capital market route is one of the options for allowing foreign investors in the proposed infra debt fund.

In recent years, financial miscreants have cast themselves wider by accommodating and abetting the gory, duplicitous world of terrorism.

RBI has ordered foreign banks operating in the country to strictly monitor the accounts of Indian PEPs.