India : Report on Observance of Standards and Codes—FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

Author/Editor:

International Monetary Fund

Publication Date:

January 24, 2011

Electronic Access:

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Summary:

India faces a range of money laundering and terrorist financing risks. India continues to be a target for terrorist groups and has been the victim of numerous attacks. Based on a threat assessment, it was found that India's major sources for terrorist financing (FT) were funds/resources from organizations outside India, counterfeiting of currency, and criminal activities. Key recommendations made to India included the need to address the technical shortcomings in the criminalization of both money laundering and terrorist financing and domestic framework of confiscation and provisional measures.

Series:

Country Report No. 11/26

Subject:

English

Publication Date:

January 24, 2011

ISBN/ISSN:

9781455213849/1934-7685

Stock No:

1INDEA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

26

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