Financial Action Task Force & India

Financial Action Task Force: The Financial Action Task Force (FATF) is highlighted as an indispensable pillar of the global counter-terrorism financing and anti-money laundering architecture. Its credibility was defended by India against attempts to question it, with India emphasizing its technical, evidence-based work rooted in international standards. The FATF's role in scrutinizing countries like Pakistan for terror financing is central to the event.

India: India, through its Permanent Representative to the United Nations, Parvathaneni Harish, strongly defended the Financial Action Task Force (FATF) and urged nations to stop exporting instability and prevent their territories from being used for terrorism, implicitly referencing Pakistan. India has been a member of the FATF since 2010 and has actively contributed to counter-terrorism financing efforts, including chairing the Security Council Counter-Terrorism Committee (CTC) in 2022.