Vidhika Roy Parihar, BA. LL.B., The Law School, University of Jammu ABSTRACT Money laundering has become one of the major threats to the integrity, transparency, and stability of modern financial systems. Presently financial transactions grow more digital and interconnected across borders, banking institutions play a key role in stopping the movement and legitimization of illegal funds. In India, the anti-money laundering (AML) framework mainly follows the Prevention of Money Laundering Act,...