FATF may assess India’s anti-crime mechanism : The Tribune India

Join Whatsapp Channel

FATF may assess India’s anti-crime mechanism

FATF may assess India’s anti-crime mechanism


New Delhi, April 11

The FATF, the global body against money laundering and terror-financing, is likely to carry out an evaluation of India’s established mechanism to deal with such financial crimes later this year.

The mutual evaluation of country-specific anti-money laundering and terror-financing mechanism by the Financial Action Task Force (FATF) is a routine ongoing process and is being conducted on all member- countries of the global body on a rotational basis.

The routine process of evaluation of India’s established mechanism against financial crimes by the FATF is likely to be carried out later this year, a government official privy to the matter said. The Centre has written to Jammu and Kashmir and Punjab to nominate an IGP-rank officer each while Gujarat has been asked to nominate a DIG-rank officer to prepare the ground work for the proposed evaluation.— PTI


Top News

Terrorists don’t play by rules, so country’s response to them can’t have rules: EAM Jaishankar

Terrorists don’t play by rules, so country’s response to them can’t have rules: EAM Jaishankar

Jaishankar also says that country's foreign policy has under...

US President Joe Biden says he expects Iran to attack Israel soon, warns ‘not to proceed’

US President Joe Biden says he expects Iran to attack Israel soon, warns ‘not to proceed’

As per reports, US rushed warships into position to protect ...

2 key Rameshwaram Cafe blast suspects brought to Bengaluru on transit remand

Rameshwaram Cafe blast case: NIA gets 10-day custody of two key suspects

The accused were brought to Bengaluru from Kolkata on transi...

Punjab: Mohali’s Mataur SHO escapes unhurt after assailants open fire on him in Ropar

Punjab: Mohali’s Mataur SHO escapes unhurt after assailants open fire on him in Ropar

The officer had a narrow escape as he was provided with a bu...


Cities

View All