https://www.taxtmi.com/news?id=26210 ED is investigating money laundering under the PMLA where proceeds from illegal loan apps have been identified and assets attached or seized; seizures under FEMA section 37A have also been effected. RBI provided a list of authorised Digital Lending Apps to MeitY for delisting unauthorised apps from app stores. Preventive measures include RBI master circulars on KYC/AML/CFT and the digital lending guidelines requiring due diligence of Loan Service Providers, direct lender-to-borrower disbursals without pooling, and publication of DLA and LSP lists to reduce anonymity. en-us Tue, 07 Feb 2023 18:13:53 +0530 Tue, 07 Feb 2023 18:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26210 ED is investigating money laundering under the PMLA where proceeds from illegal loan apps have been identified and assets attached or seized; seizures under FEMA section 37A have also been effected. RBI provided a list of authorised Digital Lending Apps to MeitY for delisting unauthorised apps from app stores. Preventive measures include RBI master circulars on KYC/AML/CFT and the digital lending guidelines requiring due diligence of Loan Service Providers, direct lender-to-borrower disbursals without pooling, and publication of DLA and LSP lists to reduce anonymity. News - Tue, 07 Feb 2023 18:13:53 +0530 https://www.taxtmi.com/news?id=26210