fatf

FATF Says India’s Gems, Jewellery Sector Vulnerable To Money Laundering, Terrorist Financing

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FATF Says India’s Gems, Jewellery Sector Vulnerable To Money Laundering, Terrorist Financing

Last Updated: September 20, 2024, 23:25 IST India is currently the world’s second largest consumer of gold, the largest importer, and the largest exporter of gold jewellery. (Representational image via AP) The global body recommended that India should include “deeper” qualitative and quantitative data and typologies from domestic and international sources on the money laundering … Read more

FATF Praises India’s Anti-Money Laundering, Terror Financing System; Calls for Better Prosecution

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FATF Praises India’s Anti-Money Laundering, Terror Financing System; Calls for Better Prosecution

Published By: Mohammad Haris Last Updated: September 19, 2024, 18:32 IST The FATF’s 368-page report was released after the assessment was adopted by the Paris-headquartered body at its June plenary meeting. The report, which comes after an on-site visit of FATF experts to India last November, has placed the country in the “regular follow up” … Read more

india: FATF to come out with India mutual evaluation report on September 19

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india: FATF to come out with India mutual evaluation report on September 19

Global crime watchdog FATF will highlight the steps taken by India to counter terror financing and money laundering, and flag priority action areas in the ‘mutual evaluation report’ to be released on September 19, official sources said on Tuesday. The Financial Action Task Force (FATF) had in June adopted the mutual evaluation report on India … Read more