Reference no: EM132233657 , Length: 14500 words

Comparative analysis between British law and Indian law with respect to Money Laundering.

Aim:
The main aim of this dissertation will to conduct and in-depth analysis of the statutes prevalent in the United Kingdom and in India and to understand the similarity and differences in both and conclude the efficiency of the systems utilized in both the countries.

Objectives:

1. To understand the money laundering process as a whole.

2. To study the money laundering statutes, rules and regulations applicable in the United Kingdom and in India.

3. To assess both the laws in terms of efficiency and inefficiency.

4. To lay down recommendations to the systems and improving the anti-money laundering activities as a whole.

5. To compare the similarities and differences of the money laundering statutes in both the countries.

Expected Outcomes:

The basic outcome of the dissertation will to understand the essentials of a statute which deals with curbing money laundering activities and to what extent these anti money laundering activities, the punishment imposed by statutes are actually effective. The statutes in the United Kingdom and India will be compared only to perceive the loopholes in the system which could be filled by taking an adaptation of the statutes in both the countries and implement it accordingly in its own statute so as to make it more complete in handling such money laundering activities which are common in every country.

Attachment:- Question.rar