The Financial Action Task Force (FATF) urges India to strengthen virtual asset regulation

Golden Finance reported that the Financial Action Task Force (FATF) announced on Thursday that, after joint assessments with the Asia Pacific Group (APG) and the Eurasian Group (EAG), India has “technically complied with FATF recommendations and taken significant steps to implement measures to combat illegal financing.” However, areas needing improvement were highlighted, particularly in regulating non-financial sectors and virtual asset providers. India was urged to adopt a risk-based approach to protect non-profit organizations and address prosecution latency in financial crimes.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Contravip
· 2024-09-21 12:23
bull return speed return 🐂bull return speed return 🐂bull return speed return 🐂bull return speed return 🐂bull return speed return 🐂bull return speed return 🐂Showdown All in 🙌Showdown All in 🙌Showdown All in 🙌Showdown All in 🙌Showdown All in 🙌Showdown All in 🙌Showdown All in 🙌Showdown All in 🙌
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)