The Enforcement Directorate of India highlighted its progress with respect to two separate money laundering investigations.
India’s Directorate of Enforcement announced that it has provisionally attached 47 immovable properties worth ₹121.81 crore and movable assets worth ₹54.25 lakh belonging to individuals named Amar Mulchandani, Vivek Aranha, Sagar Suryawanshi, Khemchand Bhojwani, and their family members.
Scotiabank exits AML enforcement action, Japan eyes stronger AML rules for cryptocurrency, and more, in the midweek roundup.
Cyprus ramps up sanctions enforcement, Libya wants U.S. to assist asset recovery campaign, and more, in the midweek roundup.
The Reserve Bank of India imposed a monetary fine of ₹7.5 lakh on the Nagercoil, India-based bank for know your customer shortcomings.
The Reserve Bank of India imposed a monetary fine on the Bangalore, India-based bank for failing to comply with its know your customer obligations.
Technical | Effectiveness |
---|---|
Compliant : 5 | High : |
Largely Compliant : 25 | Substantial : |
Partially Compliant : 15 | Moderate : |
Non-Compliant : 4 | Low : |
Rank : 70/141 |
Score : 5.15/10 |
Rank : 86/179 |
Score : 40/100 |
Rank : 47/133 |
Score : 48/100 |