FATF praises India's tech compliance, urges trial speed and non-profit sector protection.

The Financial Action Task Force (FATF) commended India for its technical compliance with anti-terrorism and money laundering standards, noting significant progress in financial inclusion. However, it urged improvements in the speed of trials for related crimes and protection of the non-profit sector from terrorism abuse. The report highlighted ongoing threats from ISIS and Al-Qaeda-linked groups, particularly in Jammu and Kashmir, and identified domestic sources for money laundering.

September 19, 2024
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