United Nations, June 30 (IANS) India has defended the international anti-terrorism funding organisation against attacks on it by Pakistan saying it was motivated by fear of scrutiny. Calling the Financial Action Task Force (FATF) “an indispensable pillar of the global counterterrorism financing and anti-money laundering architecture”, India’s Permanent Representative P Harish said on Monday, “Attempts to question its credibility often reflect fear of scrutiny rather than genuine process-…
Latest Asia/Pacific Group on Money Laundering News & Updates
Kathmandu, June 20 (IANS) Nepal has remained on the Financial Action Task Force’s (FATF) list of jurisdictions under increased monitoring, commonly known as the “grey list”, although the Nepali government has been taking several measures to address concerns raised by the global anti-money laundering watchdog.Nepal was placed on the FATF grey list in February 2025 after the watchdog identified shortcomings in the country’s anti-money laundering and counter-terrorist financing framework.Since then…