PMLA
Your Trusted Partner in PMLA Compliance and Legal Representation
In today’s complex financial landscape, ensuring adherence to stringent regulations is paramount. The Prevention of Money Laundering Act (PMLA) is a crucial framework designed to safeguard the integrity and security of the financial system. At CWS, we offer a comprehensive range of services tailored to assist businesses and individuals in adhering to PMLA regulations while providing expert legal representation when required.
Services
PMLA Compliance Advisory
Compliance with the multifaceted PMLA can be a daunting task. Our seasoned legal experts provide invaluable guidance on adhering to the legal provisions outlined in the PMLA, particularly those related to ‘proceeds of crime’ as per section 2(1)(u). We also offer advice on the attachment of properties derived from such ‘proceeds of crime’ under section 5. Furthermore, we provide legal representation in prosecutions under section 3, in conjunction with sections 44 and 45 of the PMLA.
Representation in Enforcement Directorate (ED) Investigations
Facing investigations conducted by the Directorate of Enforcement (ED) under the PMLA can be a formidable challenge. Our legal experts are well-equipped to provide advice on your rights and responsibilities during ED investigations. This includes offering insights into witness statements recorded under Section 50 of the PMLA.
Property Attachment Proceedings
In the unfortunate event of your properties being subject to attachment by the ED under the PMLA, our services encompass meticulous preparation, drafting of replies, additional pleadings, and representation before the Adjudicating Authority in New Delhi. We also handle the preparation, drafting, filing, and representation of WRITs before the High Courts and the Supreme Court of India to safeguard your property rights.
Prosecution and Complaint Filing
For cases involving prosecution and complaint filing under the PMLA, we provide expert legal advisory and representation during trials conducted by authorized Special Courts. Our comprehensive services include the preparation, drafting, and representation of regular and anticipatory bail petitions before Special Courts, High Courts, and the Supreme Court. Additionally, we specialize in the preparation, drafting, and representation of Criminal Revision Petitions and Appeals in High Courts and the Supreme Court.
Legal Support for Innocent Parties
We recognize that innocent individuals, such as bonafide buyers, claimants, and interested parties, may find their properties attached under Section 5 or frozen under Section 17 of the PMLA, despite having no involvement in money laundering activities. In such cases, we provide legal advice and steadfast representation to protect their rights and interests before the appropriate forums.
Anti-Money Laundering (AML) Audits
Our commitment extends beyond legal representation to proactive assistance. We offer comprehensive Anti-Money Laundering (AML) audits to financial institutions and other entities, ensuring strict compliance with relevant regulations and safeguarding against financial improprieties.
At CWS, we stand as your unwavering partner in navigating the intricacies of PMLA compliance. Contact us today to explore how our services can help you adhere to anti-money laundering regulations, protect your financial interests, and ensure your full compliance with the law.
