The "regular follow-up" category, a status shared by only four other G20 nations the UK, France, Italy, and Russia marks a significant achievement in India's battle against financial crimes, the ministry pointed out. In the evaluation of 2010, there were no ratings. Among the 17 countries evaluated in the fourth round in G20, only four other countries are in the "regular follow-up" category. The rest are in the "enhanced follow-up" tent and one of them is on the grey list.
The FATF has said India has reached a "high level of technical compliance" in line with its (FATF's) guidelines.
However, the country must do more to strengthen its oversight and implementation of preventive measures in certain non-financial sectors.
Denne historien er fra June 29, 2024-utgaven av Business Standard.
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Denne historien er fra June 29, 2024-utgaven av Business Standard.
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