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Nirmala Sitharaman Lauds Financial Task Force's Role In Securing Infrastructure

Nirmala Sitharaman Lauds Financial Task Force's Role In Securing Infrastructure

NDTV
Friday, April 22, 2022 07:43:10 AM UTC

Finance Minister Nirmala Sitharaman has reaffirmed India's political commitment to fighting money laundering and terrorist financing

Finance Minister Nirmala Sitharaman has reaffirmed India's political commitment to fighting money laundering and terrorist financing as she appreciated the role of Financial Action Task Force (FATF) global network in safeguarding the global financial system.

Ms Sitharaman said this as she attended the FATF Ministerial Meeting conducted here alongside the 2022 Spring Meetings of the International Monetary Fund (IMF) and the World Bank to endorse the Paris-based FATF's strategic priorities for the years 2022-24.

(FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.

During the meeting, Ms Sitharaman reaffirmed India's commitment to fighting money laundering, terrorist financing and proliferation financing, the Ministry of Finance said in a statement.

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