
The Financial Action Task Force (FATF) has recognized India for achieving a high level of technical compliance with its anti-money laundering (AML) and counter-terrorist financing (CFT) standards. During the 2023-24 Mutual Evaluation, which was adopted at the FATF plenary in Singapore from June 26th to June 28th, 2024, India was praised for its efforts and results in curbing money laundering and terrorist financing. Despite these achievements, the FATF noted that India needs to improve its supervision of preventative measures in some non-financial sectors and address prosecution delays. India has been placed in the 'regular follow-up' category, a distinction shared by only four other G20 countries. The FATF also highlighted India's efforts in the Proliferation of Weapons of Mass Destruction (CPF) and recognized the outstanding outcome of the evaluation.
#India has achieved an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by the Financial Action Task Force (FATF), said the government on June 28, @deveshpd reports https://t.co/7pxFNuTTPH
Anti-money laundering watchdog FATF says India in compliance with its rules https://t.co/NxE2glNx6u https://t.co/aGhofmmd8Q
š FATF adopts Mutual Evaluation Report of India in its June 2024 Plenary held in Singapore š India achieves an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by Financial Action Task Force (FATF) š FATF lauds Indiaās efforts to combat Money Laundering⦠https://t.co/5ug4A3z86H




