Reporting Obligations

In terms of the Rules notified under Prevention of Money Laundering Act, 2002 (PMLA) certain obligations were cast on banking companies with regard to reporting of certain transactions. Accordingly, Banks are required to make the following reports to the FIU- IND.

  • Cash Transaction Reporting (CTR)
  • Counterfeit Currency Reporting (CCR)
  • Suspicious Transaction Reporting (STR)
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Methods of Money Laundering
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