Financial Crime Financial Crime

Comment: Indian enforcement agency gets power uptick following court's AML ruling

By Freny Patel
  • 10 Aug 2022 09:03
  • 10 Aug 2022 09:03
India’s increasingly assertive financial crime-fighting agency received a shot in the arm last month when the country’s top court upheld recent amendments to the anti-money laundering legislation.
In what opposition parties have labeled a “dangerous verdict,” the Supreme Court of India rejected a challenge to the 2019 amendments to the

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Freny Patel

Correspondent


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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