FATF on India: Effective Money Laundering system, low prosecution
Why in the News? The FATF placed India in the “regular follow-up” category for having an “effective” anti-money laundering and counter-terror financing system but highlighted the need for significant improvements in prosecuting such cases. Key Highlights of the FATF Mutual Evaluation Report on India: “Regular Follow-up” Category: India has been placed in the “regular follow-up”… Continue reading FATF on India: Effective Money Laundering system, low prosecution