Internatioanl Relations

MONEY LAUNDERING: MEANING, IMPACT, CHALLENGES WAY FORWARD

Money laundering legitimizes illegal funds, posing threats to security and economies. Methods include hawala and crypto. India combats it via PMLA, supported by international efforts like FATF. Challenges involve sophisticated tactics, technology, and cross-border complexities. Way Forward requires stronger regulations, advanced tech, and international cooperation to mitigate its challeneges.