A Practical Guide to The Prevention of Money Laundering Act, 2002

Authors: Sunil Kumar Gupta & Pawan Singh Tomar

Binding: Paperback

A Practical Guide to The Prevention of Money Laundering Act, 2002 is a comprehensive and updated legal manual designed to provide a detailed understanding of the Prevention of Money Laundering Act (PMLA), 2002. Authored by seasoned legal experts Sunil Kumar Gupta and Pawan Singh Tomar, this guide is tailored for legal practitioners, compliance officers, investigators, students, and professionals who deal with anti-money laundering regulations and financial crimes.

This edition offers a practical perspective on the legislative framework, operational mechanisms, enforcement strategies, and judicial interpretations of PMLA. The book bridges the gap between theoretical concepts and real-world applications by combining statutory provisions with commentary, compliance tools, and case law references.

Key Features:

✔ Complete Guide to PMLA – Covers all chapters of the Act, including definitions, powers of authorities, attachment of property, adjudication, and penalties.

✔ Latest Amendments Covered – Incorporates changes made by recent Finance Acts and circulars.

✔ Practical Insights – Provides compliance checklists, red flags for suspicious transactions, and reporting obligations for financial institutions.

✔ Judicial Interpretations – Analyzes important case laws and judgments shaping the enforcement of anti-money laundering laws.

✔ User-Friendly Format – Structured in a clear and concise manner for quick reference and practical understanding.

Why Choose This Book?

• Authoritative Content – Written by experienced professionals with in-depth knowledge of financial laws and white-collar crime.

• Ideal for Compliance Professionals – A must-have for banks, NBFCs, and financial institutions responsible for AML compliance.

• Essential for Law Students and Practitioners – Helps understand the nuances of PMLA for academic and litigation purposes.

• Focus on Practical Application – Goes beyond theoretical discussion with tools, real-life examples, and actionable insights.

Who Should Read This Book?

• Lawyers and Legal Professionals involved in economic offences and regulatory compliance.

• Compliance Officers in financial institutions, banks, and insurance companies.

• Government Investigators and Enforcement Officers dealing with ED, PMLA, and FEMA cases.

• Students preparing for competitive law exams and courses in economic and corporate law.

• Corporate Professionals, Accountants, and Auditors working in regulated industries.

Conclusion:

A Practical Guide to The Prevention of Money Laundering Act, 2002 by Sunil Kumar Gupta and Pawan Singh Tomar is a reliable and practical handbook for understanding and applying one of India’s most critical anti-money laundering laws. Whether you’re navigating compliance, fighting financial crimes, or studying the legal framework, this book is an indispensable tool for staying updated and informed. Now available at The BigBooks Store.