FATF adopts Mutual Evaluation Report of India in its June 2024 Plenary held in Singapore.

International

India has achieved an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by Financial Action Task Force (FATF). The Mutual Evaluation Report of India, which was adopted in the FATF plenary held in Singapore between June 26th and June 28th, 2024, places India in the ‘regular follow-up’ category, a distinction shared by only four other G20 countries. This marks a significant milestone in the nation’s efforts to combat money laundering (ML) and terrorist financing (TF).


      India's positive FATF Mutual Evaluation boosts economic stability, global market access, investor confidence, and UPI expansion.

      FATF recognition highlights India's strong financial safeguards and leadership in combating terror financing and money laundering globally.

     

 

     


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