Latest News on Suspicious Transaction Reports
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Suspicious Transaction Reports - Total results - 6
Aug 02, 2019
Financial Intelligence Unit slaps over Rs 15 cr fine on Punjab National Bank for violating money laundering rulesThe FIU move against Punjab National Bank is significant because it is based on inspection and review of the Bank during April 2016-November 2017, which covers the crucial months before and after demonetisation that was announced on 8 November 2016
Apr 13, 2019
Financial Intelligence Unit slams Allahabad Bank for not filing transaction reports of NGOs receiving foreign fundsAllahabad Bank admitted that it had not carried out determination of beneficial ownership regarding top 50 accounts in the name of trusts and societies opened during the previous financial year.
Mar 05, 2019
8,707 suspicious transactions: FATF hauls up Pakistan, says Imran Khan govt 'doesn't understand' terror financing risksCondemning the Pulwama terror attack, the FATF noted in its report to Pakistan that incidents like these have proved that terrorism has continued to threaten societies around the world, and could not take place without funding and the means to move funds among terror supporters.
Feb 23, 2018
PNB scam: ED seeks Financial Intelligence Unit's help to probe dubious transactions by Nirav Modi, Mehul ChoksiAccording to top sources, the Enforcement Directorate has sought Suspicious Transaction Reports related to companies owned by Nirav Modi and Mehul Choksi as well as individual transactions of people associated with swindlers including Neeshal Modi, Ami Modi, Hemant Dahyalal Bhat, Aniyth Shivraman Nair and Dinesh Gopaldas Bhatia.
Jul 20, 2017
Despite demonetisation, India not taking adequate steps to curb money laundering by firms, says USIndia has yet to implement laws effectively on criminal convictions or take steps to ensure companies are adhering to anti-money laundering rules.
Jun 14, 2017
Over 3.53 lakh cases of fake currencies detected by Indian banks is highest in 8 years: ReportFIU, during 2014-15, also received a total of 58,646 suspicious transaction reports from all types of banks, financial institutions like insurance companies