NEW DELHI: While lauding India on most counts, Financial Action Task Force (FATF), the global money laundering and terror financing watchdog, has called for efforts to reduce pending money laundering cases and recommended “major changes” to address prosecution in terror financing cases.FATF’s Mutual Evaluation Report on India, released on Thursday, noted that the main sources…
NEW DELHI: The left-wing extremist groups seeking to overthrow the Indian government, the Financial Action Task Force (FATF) warned on Thursday and added that the most significant terrorism threats appear to relate to ISIL or AQ-linked groups active in and around Jammu and Kashmir.FATF in its India’s mutual evaluation report said that the terrorist financing…
The Financial Action Task Force (FATF) on Thursday released India’s mutual evaluation report on combating terror financing and anti-money laundering regime, and placed the country in “regular follow-up” category.The report stated that India has achieved a high-level of technical compliance across the FATF Recommendations and has taken significant steps to implement measures to tackle illicit…
New Delhi: Government is backing greater transparency for credit card and other digital payment methods, while seeking to balance the interests of the payment and fintech industry, a senior official said on Tuesday. As part of its efforts to crack down on terror finance and money laundering, the Financial Action Task Force (FATF) has proposed…
