LAW RELATING TO PREVENTION OF MONEY LAUNDERING (EXHAUSTIVE COMMENTARY & UPDATED CASE LAWS) EDITION 2025

The Prevention of Money Laundering Act, 2002 (PMLA) is a crucial Indian law aimed at preventing and combating money laundering, which is the process of making illegally-gained proceeds appear legitimate. PMLA empowers authorities to investigate, prosecute, and confiscate assets derived from criminal activity. It also mandates compliance from various entities like banks and financial institutions to prevent money laundering.