TAG: FATF
Banking services may get costlier as FATF considers stiff disclosure norms for credit card transactions, says Fin Min official
Banks, credit card companies may have to prepare for possible increase in compliance cost, as the Financial Action Task Force (FATF) - the intergovernmental body against money laundering - is considering new disclosure standards for cross-border online tr...
1 month ago
FATF to publish India’s evaluation on September 19: Finmin official
The Financial Action Task Force (FATF) is set to publish its final mutual evaluation report for India on September 19, in which India aims to be compliant on 32 out of the 40 standards, a finance ministry official said.The evaluation, which is part of a r...
1 month ago