The Financial Action Task Force (FATF) hailed India’s anti money laundering efforts to combat financing of terror. It however also noted that “major improvements” were required to strengthen the prosecution in money laundering and terror financing cases. The 368-page report was released after the assessment was adopted by the Paris-headquartered body at its June plenary […]

Terror financing watchdog Financial Action Task Force (FATF) has said India has achieved a high level of technical compliance with its recommendations and taken significant steps to implement measures to tackle illicit finance.

NEW DELHI: Financial Action Task Force , the global anti-money laundering watchdog, urged India on Thursday to accelerate its prosecutions in financial fraud cases. FATF, a 40-member task...

Terror funding watchdog FATF said India implemented an Anti-Money Laundering and Combating Financing of Terror system that was effective in many respects.

NEW DELHI, Sept 19: Global anti-money laundering and terror financing body FATF on Thursday launched its much-awaited mutual evaluation report on India,

The global Financial Action Task Force (FATF) on Thursday praised the Indian authorities for having demonstrated a "good understanding" of both current and emerging Terror Financing (TF) threats...

The Financial Action Task Force (FATF) on Thursday praised India's efforts to tackle illicit finance, however, warned the country of serious terrorism and terrorist financing threats, including those related to ISIL or Al Qaeda.