Indian Anti-Money Laundering Act Kicks In

New Indian money laundering regulations will require banks and other financial institutions and intermediaries to keep records of all cash transactions exceeding Rs 1 million ($23,000), and to disclose....

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By: Stephen Harris
July 5, 2005
New Indian money laundering regulations will require banks and other financial institutions and intermediaries to keep records of all cash transactions exceeding Rs 1 million ($23,000), and to disclose....