US official congratulates India on financial action task force membership

Posted By: Abdul Nisar
Subscribe to Oneindia News

New Delhi, July 3 (ANI): The United States has congratulated India after it became a member of the Financial Action Task Force (FATF), a global standard-setting body for anti-money laundering and counter financing of terrorism.

India is the 34th country member.

Congratulating India, U.S. Charge d'Affaires Steven J. White said, "India has made significant progress over the last several years in moving toward an anti-money laundering and terrorist financing (AML/CFT) regime that meets international standards, and has committed itself to continue to improve its AML/CFT system. We welcome India as a full member of the FATF, and we look forward to working more closely with India on these important issues."

"Pursuit of terror finance is a critical component of our broader counter-terrorism efforts, in which the United States and India increasingly work together shoulder-to-shoulder," he added. (ANI)

Please Wait while comments are loading...