Prevention of Money Laundering Ac, 2002 by Senior Advocate Vikram Chaudhry скачать в хорошем качестве

Prevention of Money Laundering Ac, 2002 by Senior Advocate Vikram Chaudhry

Prevention of Money Laundering Act, 2002 | Explanation by Vikram Chaudhry, Senior Advocate This comprehensive video features Senior Advocate Vikram Chaudhry discussing the Prevention of Money Laundering Act (PMLA), 2002, a pivotal legislation enacted to combat the menace of money laundering and safeguard the economic integrity of India. Advocate Chaudhry elucidates the key provisions of the Act, starting with its objectives to prevent and control money laundering, confiscate and seize proceeds of crime, and make money laundering a scheduled offence under the Indian Penal Code. The video delves into the definition of "money laundering," explaining how property derived from criminal activities is disguised as legitimate wealth. Key sections such as the attachment of property, powers of the Enforcement Directorate (ED), and the role of the Adjudicating Authority and Appellate Tribunal are explained in detail. The speaker also covers the procedural safeguards, burden of proof, and prosecution challenges inherent in PMLA cases. The discussion extends to understand the interplay between PMLA and other allied laws like the Prevention of Corruption Act, Foreign Exchange Management Act (FEMA), and the Indian Penal Code. Important rulings by the Supreme Court and High Courts are cited to illustrate the evolving jurisprudence around money laundering investigations, attachment of assets, and trial procedures. Vikram Chaudhry highlights the Act’s significance not only in curbing financial crimes but also in promoting transparency and compliance among financial institutions, emphasizing obligations related to Know Your Customer (KYC) norms, reporting of suspicious transactions, and due diligence. This video is an essential guide for legal professionals, students, policymakers, and those interested in financial laws, anti-corruption measures, and economic crimes, providing clarity on PMLA’s framework, challenges, and enforcement in India. Hashtags: #PMLA #MoneyLaundering #VikramChaudhry #SeniorAdvocate #FinancialCrime #AntiMoneyLaundering #EnforcementDirectorate #KYC #LegalEducation #IndianLaw #EconomicOffences #Transparency #DueDiligence #LegalJurisprudence #IndianFinanceLaw