‘Benchmark for countries’: FATF hails India’s asset recovery efforts; notes ED’s role in returning defrauded funds
The Financial Action Task Force (FATF) acknowledged India’s success in recovering public assets lost to financial crimes. A notable case highlighted involves land confiscated by ...
‘Speed up unclaimed deposit refunds’: FM Nirmala Sitharaman asks RBI, Sebi to standardise KYC
FM Nirmala Sitharaman urged financial regulators to expedite the return of unclaimed assets from banks, insurers, and mutual funds. The focus is on simplifying asset ...
