Search For "fatf"
FATF emphasises need for public-private partnerships to step up global def
Updated : 12 months ago IST
The forum, hosted in Mumbai by the Reserve Bank of India (RBI) and the Ministry of Finance, invites a wide range of stakeholders to express their views.
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RBI Governor flags concerns over use of technology for money laundering an
Updated : 12 months ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns on Wednesday over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated.
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India to host 3-day FATF Private Sector Collaborative Forum from March 25
Updated : 1 year ago IST
According to an official release, FATF President Elisa de Anda Madrazo will formally inaugurate the PSCF 2025 on March 26, with Reserve Bank of India (RBI) Governor Sanjay Malhotra presiding over the event. The Indian delegation to PSCF is a multi-disciplinary team led by Vivek Aggarwal, Add
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ED, Mauritius FCC sign MoU to tackle financial crimes
Updated : 1 year ago IST
The Enforcement Directorate (ED) and the Financial Crimes Commission (FCC) of Mauritius have signed a Memorandum of Understanding (MoU) to boost collaboration in combating money laundering, corruption, fraud, asset recovery, and the funding of illegal activities.
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Nepal will be out of FATF grey list before deadline, says Finance Minister
Updated : 1 year ago IST
Responding to lawmakers' queries during Wednesday's session, Finance Minister Paudel blamed the previous government for being included in the FATF list.
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Nepal's FATF grey list inclusion sparks political row, Opposition seeks PM
Updated : 1 year ago IST
This is the second time Nepal has been placed on the grey list, which includes countries with strategic deficiencies in their anti-money laundering (AML) and counter-terrorist financing (CFT) regimes. Nepal was on the FATF grey list from 2008 to 2014.
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UKPNP leader condemns call for jihad by PoJK Prime Minister
Updated : 1 year, 2 months ago IST
The leader of the United Kashmir People's National Party, Sajid Hussain, has condemned a recent statement by Chaudhry Anwar-ul-Haq, the Prime Minister of Pakistan-occupied Jammu and Kashmir (PoJK), who openly called for jihad. Hussain criticised the remarks as an incitement to violence an
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UAE first in region to gain observer status in Eurasian Group to Combat Mo
Updated : 1 year, 3 months ago IST
The United Arab Emirates has officially joined the Eurasian Group on Combating Money Laundering and Terrorist Financing (EAG) as an observer, becoming the first country in the region to achieve this status.
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FATF changes grey listing criteria to focus on nations posing greater risk
Updated : 1 year, 5 months ago IST
The changes made by the FATF will ensure the listing process better targets the nations that pose the greater risk to the international financial system and contributes to more adequate support to low-capacity nations, according to the statement.
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FATF lauds India's efforts to fight money laundering, terror financing
Updated : 1 year, 6 months ago IST
India has achieved strong results in its technical compliance with the FATF Standards. However, the report noted that major improvements are needed to strengthen prosecution, protect the non-profit sector from terrorist abuse, supervision, and implementation of preventive measures.
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India faces serious terrorism, terrorist financing threats from Al Qaeda:
Updated : 1 year, 6 months ago IST
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.
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FATF working on enhanced disclosures for credit card and online transactio
Updated : 1 year, 6 months ago IST
The Financial Action Task Force (FATF), the global watchdog for money laundering and terror financing, is considering enhanced disclosures for global credit card transactions and online payment gateways to curb illicit activities, according to government sources.
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