D.Shalini, II M.Com. K.C.S.KasiNadar College of Arts & Science, Chennai – 21 ABSTRACT: The demonetization had a great significant and immediate impact on the state of the Indian economy.It also resultsthat demonetization helps to destroy black money is the first ranking given by the respondents and it is followedby corruption, terrorism etc.. INTRODUCTION: Demonetization is the most important and necessary when there is a change of national currency. Theold unit of currency replaced with new
ANALYSIS Money Laundering has been the most worst economical and financial crime which is leaving to stand negative impacts on the fiscal position of the countries. It’s essentially the unlawful and unlawful move of money to ones mother country. The Money transferred has no record and is with no trouble used for criminal activities. Now days our country is facing the problem and lots of our resources are tired here for this regard. QUESTION NO 01 What is Money laundering? 71 % of the people
Running head: FINANCIAL MANAGEMENT 2 1 Money Laundering 6 Money Laundering in Jamaica Marvin Grant ID#20121489 Excelsior Community College According to ACCA’s Code of Ethics and Conduct, money laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of their criminal activity, allowing them to maintain control over the proceeds and, ultimately, providing a legitimate cover for their sources of income, or; a series of multi-specialized
both financial and non-financial concerns, but mainly for financial benefits. These groups are sometimes called as ‘mafia’ or ‘mobs’ or ‘gangs’ or ‘Yakuza’ in Japanese. Earning of almighty dollar is the main purpose of their activities. They make money in billions. Most of them are involved in extortions, drugs, gambling, firearms trafficking, usury, counterfeiting, sex, cyber crime and human trafficking etcetera. The largest and important organized crime groups around the world are Yamaguchi Gumi
sustainable development while also preventing the waste of the country’s natural resources. • Avoiding illegal operations - The business must take every precaution possible to ensure that they do not participate or come across as condoning bribery, money laundering or any other corrupt practice that will put their reputation into question. 4. KING IV PRINCIPLES The King 4 principles need to be considered with regards to governance codes when setting up these companies as follows: Principle 1 1.1 The governing