Description
Bloomsbury India Practical Guide To Prevention Of Money-Laundering Act, 2002 by Kiron Prabhakar
About The Book
The book is very useful as a referencer and guide for persons who may be officers of the banks, non-banking financial institutions or other institutions, teachers, enforcement officers, professionals, students, research scholars and any other common person having interest in the subject. It comprehensively covers the relevant provisions of the Prevention of Money-Laundering Act, 2002 along with Rules, Regulations and relevant notification(s) passed by the Central Government.
The book has been written in a manner which would help the professionals in getting a better understanding of the provisions under the Prevention of Money-Laundering Act, 2002. Various provisions of the Prevention of Money-Laundering Act, 2002 and the Rules made there under have been analysed and discussed at length with a practical approach. FAQs appended with the topics, would help in understanding the applicable laws in a lucid manner. The book contains all essential annexures, forms, schedules, required for the Prevention of Money-Laundering Act, 2002.
Key features
Section wise analysis of important provisions under the Prevention of Money-Laundering Act, 2002 along with the related Rules and Regulations.
Explanation of history of money-laundering, along with elucidation of important words and phrases.
Covers illustrative regulatory framework and bodies authorized under the Prevention of Money-Laundering Act, 2002.
In-depth coverage of the manner of provisional attachment and disposal of confiscated property.
Detailed insight into the recording and reporting requirements to be met by the financial entities like banks, financial institutions and intermediaries under the Prevention of Money-Laundering Act, 2002.
Covers topic-wise FAQs and important judicial pronouncements.