The Union government has extended the tenure of Enforcement Directorate (ED) Director Sanjay Kumar Mishra by a year after modifying his appointment order that was issued in 2018. His tenure was to end next week as the ED director’s post comes with a fixed term of two years.
As per an order issued by the Department of Revenue under the Union finance ministry on Friday, the 2018 order for appointment of Mishra has been modified. “The President of India is pleased to approve the modification in the earlier order dated November 19, 2018, appointing Shri Sanjay Kumar Mishra as director of enforcement in the Enforcement Directorate.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
Enforcement Directorate (ED):
The ED is a central investigative agency that enforces two central laws, the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA). These laws were enacted to curb money laundering, terror financing, black money and hawala or illegal financial transactions that have cross-border ramifications.
Important takeaways for all competitive exams:
Every year on June 15, the world comes together to observe World Elder Abuse Awareness…
Every year on June 14, countries around the globe observe World Blood Donor Day to…
In a historic development for cross-border sustainable finance, DFCC Bank PLC of Sri Lanka has…
In a significant step towards boosting indigenous defence capabilities, the Indian Army has successfully conducted…
The Reserve Bank of India (RBI) has issued final directions allowing higher loan-to-value (LTV) ratios…
In a major leadership transition, Sun Pharmaceutical Industries Ltd, India’s largest pharmaceutical company, has appointed…
![](data:image/svg+xml;charset=utf-8,<svg height="169px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
