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FATF ‘regular follow-up' category
July 1 , 2024
147 days
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- India has achieved an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by the Financial Action Task Force (FATF).
- It places India in the 'regular follow-up' category, a distinction shared by only four other G20 countries.
- India is already a member of the FATF Steering Group.
- The Financial Action Task Force (FATF) is an intergovernmental organisation established in 1989 as the international watchdog.
- It aims to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system.
- India became a member of FATF in 2010.
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