Sebi directs foreign investors to comply with P-Note norms
As per the norms put in place by Sebi to check any misuse, only those foreign entities, whose country have signed bilateral MoUs with its counterpart, are eligible for issuance of such instruments.
Nov 24, 2014, 20:24 PM IST
Black money: ED questions Goa miner Radha Timblo
Enforcement Directorate (ED) Tuesday questioned Goa-based miner Radha Timblo, whose name figured in the blackmoney list submitted by the government in the Supreme Court, in connection with a money laundering probe against her mining firm.
Nov 18, 2014, 22:03 PM IST
2G PMLA case: Not going to stay ongoing trial, clarifies SC
The Supreme Court on Tuesday made it clear that it was not going to stay the trial in the money laundering case arising out of the 2G scam and posted the plea of accused persons for quashing of charges against them on November 26.
Nov 18, 2014, 20:06 PM IST
2G Scam: Trial of Raja, Kanimozhi to begin today
A Raja and 16 others are among the accused facing trial for presenting bribe of Rs 200 crore as a loan transaction.
Nov 17, 2014, 10:18 AM IST
ED registers money laundering case against Sahara group
Enforcement Directorate (ED) has registered a money laundering case against Sahara group in connection with non-payment of crores of rupees to depositors as probed by capital markets regulator SEBI.
Nov 13, 2014, 22:56 PM IST
2G PMLA case: Karunanidhi's daughter Selvi to depose as ED witness
The Enforcement Directorate (ED) has arrayed DMK supremo M Karunanidhi's daughter S Selvi as one of the witnesses in a 2G scam-related money laundering case in which her mother Dayalu Ammal has been put on trial by a Delhi court.
Nov 13, 2014, 18:26 PM IST
ED probing Goa firm Timblo in mining scam, laundering case
Sources said the agency had issued summons to the firm and its directors sometime back after it registered a criminal case in the Rs 35,000-crore Goa illegal mining scam in the beach state.
Oct 28, 2014, 21:43 PM IST
Commerzbank under US probe for money laundering
Germany`s second largest bank Commerzbank is under investigation in the United States for violating money-laundering rules, a source close to the case told AFP Tuesday.
Sep 30, 2014, 21:55 PM IST
Money laundering: RBI takes action against erring UCBs
The central bank has also asked state governments to take stern action against any other erring UCBs after reports emerged that such entities were being used as conduits for money laundering.
Sep 14, 2014, 11:47 AM IST
375 market entities faced action under money laundering rules
As many as 375 market entities, mostly brokers, faced action for lapses in their mechanism to prevent possible money laundering and terror financing activities during the last fiscal.
Aug 31, 2014, 11:35 AM IST
Standard Chartered fined $300 mn over laundering controls
New York's banking regulator hit Standard Chartered Bank with a USD 300 million fine and restrictions on its dollar-clearing business Tuesday for inadequate controls on money laundering.
Aug 20, 2014, 00:32 AM IST
Coal scam: ED registers 3 new cases under laundering laws
ED has till now registered over 15 money laundering cases in the coal-block allocation scam and is probing the same alongside CBI upon directions from SC.
Aug 07, 2014, 22:18 PM IST
Coal scam: ED attaches assets worth Rs 186 cr of Hyderabad firm
The FIR was lodged after a preliminary enquiry was initiated on the reference of the Central Vigilance Commission.
Jul 23, 2014, 14:52 PM IST
Ex-Qualcomm exec pleads guilty to insider trading
Officials said the money laundering charges stem from transferring over $500,000 to an account in the British Virgin Islands.
Jul 22, 2014, 08:38 AM IST
Ramp up role in Bitcoin, US consumer agency told
The US Consumer Financial Protection Bureau should play a bigger role in shielding people against risks from virtual currencies such as Bitcoin, a government watchdog said on Friday.
Jun 28, 2014, 09:26 AM IST
RBI asks cos to have director to ensure AML norms compliance
The RBI has tightened the anti-money laundering (AML) norms by asking companies to appoint a designated director who can impose fines of up to Rs 1 lakh if an employee is found guilty of violation.
Jun 16, 2014, 21:42 PM IST
Govt to engage with foreign nations to get back black money
Expressing India's determination to deal with the menace of black money, President Pranab Mukherjee on Monday said the Narendra Modi government will engage with foreign countries to bring back the ill-gotten money stashed abroad.
Jun 09, 2014, 21:18 PM IST
