Search For "anti money laundering"
Court emphasises liberty, grants bail in PMLA case linked to online invest
Updated : 2 weeks, 4 days ago IST
In a significant ruling balancing stringent anti-money-laundering provisions with constitutional safeguards, the Delhi High Court granted regular bail to businessman Bhupesh Arora, observing that continued custody without a clear financial trail directly linking him to the alleged proceed
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Perfios Launches 'KScan AI': Empowers BFSI with AI-powered Business Intell
Updated : 3 weeks ago IST
Bengaluru (Karnataka) [India], February 20: Perfios.ai, India's leading B2B SaaS TechFin, today announced the launch of KScan AI, an innovative artificial intelligence-powered platform for fast, contextual KYC (Know Your Customer), KYB (Know Your Business), and extensive entity and individua
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Al Najjar Advocates and Legal Consultants Strengthens Its Position as a Du
Updated : 1 month, 1 week ago IST
Dubai [UAE], February 5: Mohammed Al Najjar Advocates and Legal Consultants, a leading Dubai-based law firm, continues to strengthen its reputation by combining deep regional expertise with internationally recognized legal standards. Founded nearly a decade ago by Mohammed Al Najjar, the fir
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India, UAE to strengthen cooperation under FATF framework to counter-terro
Updated : 1 month, 3 weeks ago IST
India and the United Arab Emirates (UAE) on Monday agreed to continue cooperation within the framework of the global watchdog on money laundering and terrorist financing, the Financial Action Task Force (FATF), to counter terror financing and bolster anti-money laundering efforts, following
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Punjab & Sind Bank Takes Proactive Lead in Combating New-Age Fraud with Jo
Updated : 4 months ago IST
New Delhi [India], November 12: Punjab and Sind Bank (PSB), one of the country's oldest and most trusted public sector banks, is reinforcing its leadership in secure digital banking by future-proofing its real-time fraud prevention framework. Through a series of strategic technology initi
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North Korea, Iran, and Myanmar continue to remain on FATF's blacklist
Updated : 4 months, 2 weeks ago IST
The Financial Action Task Force (FATF), the global watchdog against terror financing and money laundering, continued to list North Korea (DPRK), Iran, and Myanmar under blacklist as "high-risk jurisdictions subject to a Call for Action" for severe deficiencies in their anti-money launderi
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XREX Taiwan Secures Key Regulatory Approval from Taiwan's FSC, Pioneering
Updated : 5 months, 1 week ago IST
Taipei [Taiwan], September 24: XREX Taiwan, a subsidiary of XREX Group and a leading virtual asset service provider, has been officially approved for Anti-Money Laundering (AML) registration by the Securities and Futures Bureau (SFB) under Taiwan's Financial Supervisory Commission (FSC). Thi
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1 in 4 Risky Transactions May Be Missed -- MetaComp Study Finds Limited KY
Updated : 8 months ago IST
Singapore, July 17: As stablecoins are poised to take centre stage in cross-border payments, a new study by MetaComp Pte Ltd (MetaComp), a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS), evaluates the effectiveness of leading on-chain Know-Your-Transactions (
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Azentio unveils next-generation Amlock AML solution with advanced AI, smar
Updated : 9 months, 3 weeks ago IST
Singapore, May 22: Azentio Software, a leading technology enabler in the BFSI space, announces the launch of its next-generation Amlock anti-money laundering (AML) platform, bringing powerful new capabilities to financial institutions in the fight against financial crime. Powered by advanced
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ED Director Rahul Navin highlights agency's crackdown on money laundering,
Updated : 10 months, 2 weeks ago IST
The ED Director, while speaking at the celebration of 'ED Day', highlighted a significant surge in anti-money laundering action, with record convictions, asset attachments, and a renewed focus on clearing long-pending cases.
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UAE delegation concludes official visit to Morocco to strengthen cooperati
Updated : 10 months, 3 weeks ago IST
The visit, held from 22 to 24 April, was organised in cooperation with the National Financial Intelligence Authority of Morocco and aimed to reinforce strategic coordination between the two nations in the areas of anti-money laundering (AML), counter of terrorism financing (CFT), and counter
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Inspay Digital Private Limited Launches EKYCHub.in: A Powerful Verificatio
Updated : 10 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 24: In a major step toward advancing digital security and compliance in India, Inspay Digital Private Limited has officially launched EKYCHub.in -- a next-generation digital verification and validation suite. This innovative platform is designed to help bu
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