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India has long been viewed as a jurisdiction with a reputation for widespread corruption and questionable business practices. Against the backdrop of increased focus on high-profile white collar incidents and recent “scams”, and with a view to aligning the Indian position with international anti-graft laws, various amendments have been made in recent years to the principal Indian anti-corruption and anti-money laundering legislations, the Prevention of Corruption Act, 1988 (the ​PCA​) and the Prevention of Money Laundering Act, 2002 (the ​PMLA)​ . This note looks at some of these recent changes and certain other developments, which are likely to be relevant for corporates doing business in India.

Click to read more – White Collar Crime | Key Developments under the Indian ABC and AML Regimes