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Money laundering and terrorism financing are intricately connected to one another. Money laundering refers to the processing and movement of money or assets of illegal origin stemming from criminal activity. Terrorism financing is the raising, moving and using of funds to support…
In November 2023, the Financial Action Task Force (FATF) is set to conduct an onsite review of India's Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) measures. This review comes a decade after India's last appraisal by FATF in 2013, a period marked…