Law on Prevention of Money Laundering in India

This book is a comprehensive manual on the law on the Prevention of Money-laundering. Besides giving commentary on the provisions of the Prevention of Money-laundering Act, 2002, it gives an account of other legislations such as the Narcotic Drugs and Psychotropic Substances Act, 1985, the Black Money (Undisclosed Foreign Income and Assets) and the Imposition of Tax Act, 2015, the Fugitive Economic Offenders Act, 2018, and the Benami Transactions (Prohibition) Act, 1988, that touch upon the aspect of prevention of money-laundering. A separate chapter also elaborates Reserve Bank of India’s Know Your Customer Master Direction.

This work is an essential reference on the subject for judges, lawyers, law students, law enforcement agencies, and establishments which are responsible for taking preventive measures to combat money-laundering.