https://www.taxtmi.com/news?id=27904 India's AML/CFT framework is technically compliant and operationally effective, meriting placement in FATF "regular follow-up"; authorities use financial intelligence and cooperate domestically and internationally, achieving results in international co-operation, asset recovery and targeted sanctions. Remaining priorities include broader sharing of risk insights, concluding prosecutions of terrorist financiers, implementing a risk-based approach for the non-profit sector, extending domestic PEP coverage and strengthening supervision and preventative measures for non-financial sectors and virtual asset service providers, with urgent attention to cash restrictions in precious metals and stones. en-us Fri, 20 Sep 2024 09:24:22 +0530 Fri, 20 Sep 2024 09:24:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27904 India's AML/CFT framework is technically compliant and operationally effective, meriting placement in FATF "regular follow-up"; authorities use financial intelligence and cooperate domestically and internationally, achieving results in international co-operation, asset recovery and targeted sanctions. Remaining priorities include broader sharing of risk insights, concluding prosecutions of terrorist financiers, implementing a risk-based approach for the non-profit sector, extending domestic PEP coverage and strengthening supervision and preventative measures for non-financial sectors and virtual asset service providers, with urgent attention to cash restrictions in precious metals and stones. News - Fri, 20 Sep 2024 09:24:22 +0530 https://www.taxtmi.com/news?id=27904