Singapore, India's mutual assessment report on anti-money laundering and countering the financing of terrorism regime was adopted by the Financial Action Task Force (FATF) Plenary Meeting held here on Friday.
The global body said in its brief results statement that India's legal system is achieving good results in both these areas.
However, it said the country needs to address delays related to the conclusion of money laundering and terrorist financing prosecutions.
It added that the final assessment report for the country would be published later when the "quality and sustainability review" is completed.
The Paris-headquartered body leads global action to combat money laundering, terrorist and proliferation financing.
India's mutual assessment on FATF guidelines, a measure that examines a country's efficacy in creating effective laws and policies and implementing them to investigate financial crimes, was last conducted in 2010.
India's FATF peer review concluded earlier this year when the team made an 'on-site' or physical visit to New Delhi and met officials from various intelligence and investigative agencies.
The global body said in its brief results statement that India's legal system is achieving good results in both these areas.
However, it said the country needs to address delays related to the conclusion of money laundering and terrorist financing prosecutions.
It added that the final assessment report for the country would be published later when the "quality and sustainability review" is completed.
The Paris-headquartered body leads global action to combat money laundering, terrorist and proliferation financing.
India's mutual assessment on FATF guidelines, a measure that examines a country's efficacy in creating effective laws and policies and implementing them to investigate financial crimes, was last conducted in 2010.
India's FATF peer review concluded earlier this year when the team made an 'on-site' or physical visit to New Delhi and met officials from various intelligence and investigative agencies.
