FEMA & Banking

Blog, News, FEMA & Banking

May 8, 2023

RBI Updates KYC Instructions on Wire Transfer to Align with FATF Recommendation

Circular No. RBI/2023-24/25 DOR.AML.REC.13/14.01.001/2023-24; dated: … Continue reading “RBI Updates KYC Instructions on Wire Transfer to Align with FATF Recommendation”

Blog, News, FEMA & Banking

May 5, 2023

Practicing CA/CS/CMAs under the scanner with new PMLA amendment

1. Introduction Money laundering is … Continue reading “Practicing CA/CS/CMAs under the scanner with new PMLA amendment”

Blog, News, FEMA & Banking

May 5, 2023

RBI releases report on ‘Currency and Finance’ for the year 2022-23

Press Release: 2023-2024/172, Dated 03.05.2023 … Continue reading “RBI releases report on ‘Currency and Finance’ for the year 2022-23”

News, Blog, FEMA & Banking

May 6, 2023

IFSCA Mandates Rules for IFSC Insurance Offices’ Control and Conduct

Notification F. No. IFSCA/2022-23/GN/REG035, Dated: … Continue reading “IFSCA Mandates Rules for IFSC Insurance Offices’ Control and Conduct”

Blog, News, FEMA & Banking

May 6, 2023

Govt. Launches ‘Vivad se Vishwas Scheme’ for Providing Relief to MSMEs for the COVID-19 period

Press Release dated 02.05.2023 The … Continue reading “Govt. Launches ‘Vivad se Vishwas Scheme’ for Providing Relief to MSMEs for the COVID-19 period”

Blog, News, FEMA & Banking

August 3, 2023

Verify Aadhaar Linked Email/Mobile on UIDAI/mAadhaar app

Press Release; dated 02.05.2023The Unique … Continue reading “Verify Aadhaar Linked Email/Mobile on UIDAI/mAadhaar app”

Blog, News, FEMA & Banking

May 2, 2023

IFSC Units Exempted from Positive Net Foreign Exchange Requirement for Financial Services

Notification No. G.S.R 334(E); Dated: … Continue reading “IFSC Units Exempted from Positive Net Foreign Exchange Requirement for Financial Services”

Blog, FEMA & Banking

May 1, 2023

Nuances of Anti-money Laundering Laws & Interplay with Other Economic Offences

Table of Contents Practical Aspects … Continue reading “Nuances of Anti-money Laundering Laws & Interplay with Other Economic Offences”

Blog, News, FEMA & Banking

May 1, 2023

Plea Challenging Trial u/s 138 NI Act must be Raised Before Magistrate: HC

Case Details: Dinesh Verma v. … Continue reading “Plea Challenging Trial u/s 138 NI Act must be Raised Before Magistrate: HC”

Blog, News, FEMA & Banking

April 28, 2023

Resident Individuals Allowed to Keep Funds in FC Account in IFSCs without Repatriation: RBI

RBI/2023-24/21 A.P. (DIR Series) Circular … Continue reading “Resident Individuals Allowed to Keep Funds in FC Account in IFSCs without Repatriation: RBI”