Ahmedabad: The Enforcement Directorate's (ED) Ahmedabad Zonal Office has conducted search operations, under the provisions of the Prevention of Money Laundering Act (PMLA), at four locations in ...

In the high-profile money laundering case involving former ICICI Bank CEO Chanda Kochhar, the Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has upheld the Enforcement ...

BitMEX was fined $100 million in January for violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an adequate anti-money laundering and know-your-customer program.

The Treasury Department, for the first time, used a new authority to require U.S. financial institutions to cut ties with three Mexico-based banks for laundering money on behalf of cartels.

Apps such as Cash App and Venmo make it easy for people to transmit money. The New York regulator said Block's alleged shortfalls included inadequate customer due diligence, and inadequate risk ...

Lithuania's central bank has fined Britain's most valuable start-up Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday.