
Photo source: https://economictimes.indiatimes.com/news/defence/g-20-leaders-reaffirm-full-support-for-fatfs-efforts-to-combat-money-laundering-terrorist-financing/articleshow/87460032.cms
G-20 leaders, including Prime Minister Narendra Modi, have reaffirmed their full support for the Financial Action Task Force and recognised that effective implementation of the measures put in place to combat money laundering, terrorist financing and proliferation is essential for building confidence in financial markets, ensuring a sustainable recovery and protecting the integrity of the international financial system. In the Rome Declaration issued on Sunday, the G20 leaders stressed the relevance of the risk-based approach of the global anti-money laundering and Paris-based terror financing watchdog’s recommendations with the aim to ensure legitimate cross-border payments and to promote financial inclusion.
Source: PTI, 1st of November 2021. https://economictimes.indiatimes.com/news/defence/g-20-leaders-reaffirm-full-support-for-fatfs-efforts-to-combat-money-laundering-terrorist-financing/articleshow/87460032.cms