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The purpose of this paper is to provide some empirical findings on the predicaments of lawyers’ anti-money laundering (AML) compliance in Malaysia and the rationales for such predicaments.

This paper adopts a qualitative research in which the primary data are obtained from seven case studies involving legal firms within the Klang Valley, Selangor, Malaysia, which is triangulated with the data from the Central Bank and the Malaysian Bar Council.

The authors contend that despite the vulnerability of their profession to money laundering, the level of awareness of the AML obligations amongst Malaysian legal practitioners is rather minimal. Also, the imposition of obligations upon them in policing their clients and regulating money laundering is not only onerous but also contrary to the ethics of their profession.

This paper fills the gap in providing the empirical evidence on lawyers’ compliance to their statutory AML obligations in Malaysia. Also, this paper could be a useful source of information for practitioners, academicians and students. It could also be a beneficial guide for policymakers for any possible future amendments to the law.

India's privatisation era is always praised for its capacity to create opportunities and more effective business models to support growth. By excluding the weaker, less skilled and more vulnerable groups in society, private enterprises may also be more likely to exacerbate economic imbalances and inequality, according to the current study. Recent data show that inequality in India has significantly increased in a variety of ways. Additionally, it has been asserted that the private sector makes the wealth gaps worse. In a similar vein, most people would only have limited access to a premium knowledge base or service. This is a worry since the government began disinvesting by selling public sector firms to the private sector, which resulted in a progressive decline in State ownership and control over resources. Privatisation results in the State's loss of control over decision-making and price setting. This may increase the likelihood that expensive, high-quality items and services will be. This study makes an effort to offer solid proof of how the private sector contributes to the country's unequal wealth distribution and low levels of knowledge exchange. This study will also explore if the Indian government can reduce income inequality and poverty rates by enacting sound policies that apply to both the public and private sectors. The results would encourage changes in policy aimed at reducing economic inequality in India and advancing welfare.