 "online gaming")
The Financial Action Task Force (FATF), the global anti-money laundering watchdog, has invited Indian online gaming firms to discuss money laundering and terror financing risks associated with operations of such companies and offshore entities. The discussion, which is part of a wider industry consultation, has been scheduled for Friday, according to two sources with knowledge of the matter.
This is the first time the anti-money laundering watchdog has invited gaming firms to have a discussion in this regard. FATF Director Smarak Swain will chair the discussion, according to an invitation reviewed by Business Standard.
Indian gaming and real-money gaming firms
