Under the PMLA, the 2019 amendments clarified that money laundering is an offence regardless of whether the proceeds of crime were projected as untainted, broadening the scope to include which acts?

Solution

The 2019 amendments to the Prevention of Money Laundering Act clarified, through an explanation to Section 3, that the offence of money laundering is a continuing activity and includes concealment, possession, acquisition, use, and projecting or claiming the proceeds of crime as untainted property. This clarification broadened and reinforced the scope of the offence, ensuring that each of these acts independently falls within money laundering. It removed ambiguity and strengthened the ability of the authorities to prosecute the full range of laundering activities.