https://www.taxtmi.com/article/detailed?id=9648 Money laundering is the process of converting proceeds of crime into apparently legitimate funds regulated by the Prevention of Money Laundering Act, 2002. The article explains the three operational stages-Placement, Layering and Integration-and outlines common methods including shell companies, real estate investment, cross border cash transfers and hawala systems. It stresses the macroeconomic harms of laundering, such as distortion of cash supply and volatility in interest and exchange rates, and the need for statutory prevention and enforcement to protect financial stability. en-us Thu, 28 Jan 2021 10:46:58 +0530 Thu, 28 Jan 2021 10:46:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9648 Money laundering is the process of converting proceeds of crime into apparently legitimate funds regulated by the Prevention of Money Laundering Act, 2002. The article explains the three operational stages-Placement, Layering and Integration-and outlines common methods including shell companies, real estate investment, cross border cash transfers and hawala systems. It stresses the macroeconomic harms of laundering, such as distortion of cash supply and volatility in interest and exchange rates, and the need for statutory prevention and enforcement to protect financial stability. Articles Corporate Laws / IBC / SEBI Thu, 28 Jan 2021 10:46:58 +0530 https://www.taxtmi.com/article/detailed?id=9648