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FATF News
NHB cautions home finance companies Says ensure customers don’t include terrorist entities. The National Housing Bank (NHB) has sent a cautionary notice to all registered housing finance companies to ensure that terrorist entities linked to Al Qaeda and the Taliban are not their customers. NHB is both a state-owned bank and the national regulatory authority for the housing finance sector. It has also put up the notice on its website,
Devesh Kapur Arvind Subramanian: Fighting imported corruption
The anger that we feel against todays "elite&" bribe-takers in India comes with a major question: where does that money go? How are such massive amounts of ill-gotten wealth laundered without being
Q&A: U K Sinha, CMD, UTI AMC
The U K Sinha committee report, which was released by the government this week, seeks to make life more predictable for foreign investors besides suggesting that steps should be
Banks, brokers to monitor clients with political links
All financial intermediaries, including banks and stocks brokers, will have to maintain specific information about their clients’ political links, if any. This is due to the amendment to the
G-20 for public listing of money laundering regions
Pittsburgh: The G-20 leaders have asked for a public list of high-risk money laundering and terror financing jurisdictions by February, stating they are ready with counter measures against tax
Check 'hawala' funding of terror: US to India
Washington: Warning that the 'hawala' system of illegal money transfer is "directly linked to terrorist financing", the US has urged India to cooperate with international initiatives to check money la |
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