(a) whether the country has joined the Financial Action Task Force (FATF)
to combat terrorist financing; and
(b) if so, the details thereof?
(a) whether the country has joined the Financial Action Task Force (FATF)
to combat terrorist financing; and
(b) if so, the details thereof?
MINISTER OF STATE IN THE MINISTRY OF HOME AFFAIRS (SHRI MULLAPPALLY RAMACHANDRAN)
(a): Yes, Madam.
(b): India has become Member of the Financial Action Task Force (FATF) with
effect from June 2010 as a 34th Member. Financial Action Task Force (FATF) is
responsible for enforcing global standards on anti-money laundering (AML) and
combating the financing of terrorism CFT).