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FATF
What is FATF
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Latest Updates on FATF
FATF hails India's asset recovery model, cites ED as global benchmark
FATF highlights India's Enforcement Directorate for its effective coordination, citing ED's cases as examples of global best practice in tracing and seizing illicit assets
 "FATF hails India's asset recovery model, cites ED as global benchmark")
'Greylist exit no immunity': FATF's warning to Pakistan on terror finance
FATF warns Pakistan that leaving the greylist in 2022 does not stop terror funding risks; country must continue measures to prevent money laundering and terror finance
 "'Greylist exit no immunity': FATF's warning to Pakistan on terror finance")
South Africa, Nigeria set to exit FATF's 'grey list' in October plenary
The two nations were put under heightened scrutiny by the Financial Action Task Force in February 2023 for shortcomings in tackling illicit financial flows
How regulation is shaping a sustainable crypto assets sector in India
The reality is that every country's response will (and should) differ depending on the country context and risks arising from crypto assets
 "How regulation is shaping a sustainable crypto assets sector in India")
No Modi-Trump call took place, Jaishankar clarifies on Operation Sindoor
EAM S Jaishankar defends Operation Sindoor and highlights India's diplomatic wins against Pakistan-backed terror groups and China's influence in Parliament
 "No Modi-Trump call took place, Jaishankar clarifies on Operation Sindoor")
FATF urges increased due diligence for Myanmar amid high-risk status
FATF has recommended enhanced due diligence measures for risks arising from Myanmar, maintaining its status as a high-risk jurisdiction. The RBI has issued the advisory based on FATF's guidelines
E-comm, online payment platforms being abused for terror financing: FATF
The FATF report flagged that terrorists have been abusing e-commerce platforms and online marketplaces and said terrorists have used such platforms for their operational procurement
 "E-comm, online payment platforms being abused for terror financing: FATF")
FATF links Pak missile tech to dual-use cargo seized by India in 2020
India's seizure of the dual-use equipment used in developing missiles found mention in the report by the multilateral financial watchdog that highlighted vulnerabilities in the global financial system
FATF condemns Pahalgam attack, to release terror financing report soon
This is the third time FATF has explicitly condemned a terrorist incident, following earlier statements in 2015 and 2019
 "FATF condemns Pahalgam attack, to release terror financing report soon")
International watchdog FATF condemns Pahalgam attack, vows tighter scrutiny
India has reportedly intensified its diplomatic push to highlight the resurgence of cross-border terrorism and the funding channels that support it on the global stage
 "International watchdog FATF condemns Pahalgam attack, vows tighter scrutiny")
India opposes ADB's $800 million aid to Pakistan, flags misuse concerns
India has raised strong objections to ADB's financial aid to Pakistan, citing concerns over cross-border terrorism, high defence spend, weak reforms, and governance risks
 "India opposes ADB's $800 million aid to Pakistan, flags misuse concerns")
India to push FATF to put Pakistan back in grey list at next review
India will present a dossier to FATF citing Pakistan's failure to curb terror financing and misuse of funds, pressing for its reclassification under the grey list
 "India to push FATF to put Pakistan back in grey list at next review")
India to make strong case with FATF to put Pakistan back in "grey list"
India will make a strong case with FATF to revert Pakistan to its "grey list" for failure to comply with anti-money laundering and terror financing rules, a government source said.
 "India to make strong case with FATF to put Pakistan back in \"grey list\"")
Nepal's inclusion in FATF grey list sparks Oppn's call for Oli resignation
Nepal has two years to address these deficiencies and remove itself from the grey list; otherwise, it will face more international transaction hurdles and sanctions
 "Nepal's inclusion in FATF grey list sparks Oppn's call for Oli resignation")
FATF invites Indian online gaming firms to discuss laundering risks
Companies invited for tomorrow's meet include Dream11, Baazi Games, Zupee, WinZO, and others
 "FATF invites Indian online gaming firms to discuss laundering risks")
Iran seeks help from India to shed FATF's blacklisted country tag: Official
India has assured support to Iran on sharing technical knowledge and expert advice through the EAG, he said.
 "Iran seeks help from India to shed FATF's blacklisted country tag: Official")
FATF changes grey listing criteria to focus on nations posing greater risk
The global anti-money laundering watchdog noted that the impact of illicit financial flows is felt most strongly by the least developed nations
 "FATF changes grey listing criteria to focus on nations posing greater risk")
India seeks FATF oversight for online gaming to curb money laundering risks
If the FATF includes the sector within the AML/CFT framework, gaming platforms would need to adhere to KYC norms and report suspicious transactions, including identifying their beneficial owners
 "India seeks FATF oversight for online gaming to curb money laundering risks")
India's gems, jewellery sector vulnerable to money laundering: FATF
The report said there were approximately 1,75,000 DPMS (dealers of precious metals and stones) in the country
 "India's gems, jewellery sector vulnerable to money laundering: FATF")
India to adopt nuanced approach to deal with at risk NPOs after FATF report
As regards the abuse of NPOs for terror financing, Agarwal said the scope for NPOs being misused is very less in India because there is a cap on cash donations
 "India to adopt nuanced approach to deal with at risk NPOs after FATF report")
