The Enforcement Directorate has seized assets exceeding Rs 1,023 crore, including properties in Singapore, in a Goa illegal iron ore mining...

The US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...

In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

India has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...

The Enforcement Directorate saw fewer arrests in the last financial year. However, asset attachments reached an unprecedented Rs 81,000 cro...

Taking a tough stance, the Karnataka High Court has warned the ED that it could impose Rs 1 lakh in costs if it finds the agency’s appeal a...

Singapore has taken a firm stand by denying tax exemptions for certain wealth management vehicles amidst rising concerns over financial int...

The searches were carried out on February 23-24 against a company named NIUM India Pvt Ltd and its directors based in Mumbai, Xoduz Solutio...

The wide roster of banks join property agents, precious metals dealers and golf clubs in the city that have been drawn into this scandal. T...

A provisional order for attachment of the properties has been issued under the Prevention of Money Laundering Act (PMLA) against Educomp Pr...

Properties of Khaitan located in Delhi, Haryana and Uttarakhand have been provisionally attached under the Prevention of Money Laundering A...

Khaitan raised bogus invoices to launder and park ill-gotten wealth of influential individuals, ED said.

A senior official said getting a confiscation order under the anti-money laundering law, enforced in the country by the ED, was avery lengt...

Last year, the Special Court set up under the Prevention of Money Laundering Act (PMLA), had issued LRs to Singapore and Mauritius.

Singapore, a major international financial centre, has put in place a "robust preventive regime" as part of the global efforts against mone...

"The special court has issued LR to both the countries in the case registered against Lalit Modi in Mumbai," said an ED official.

An ED team from its Mumbai zonal office has also been sent to Singapore but officials indicated they are part of an investigating team prob...