Money Laundering Challenges
Money laundering challenges refer to the complexities in combating illicit financial activities. These challenges arise from sophisticated methods used by criminals. Regulatory frameworks often struggle to keep pace with evolving tactics. Enforcement agencies face resource limitations. International cooperation is essential. Effective legislation is crucial for addressing these issues. Public awareness can aid in prevention. Overall, tackling money laundering remains a significant concern for economies worldwide.
The Reserve Bank of India has launched an initiative to combat financial fraud. The Reserve Bank Innovation Hub...
December 7, 2024