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Answer : 4. "Singapore"
Recently, where was the Financial Action Task Force (FATF) meeting held?
5Q:
Recently, where was the Financial Action Task Force (FATF) meeting held?
- 1Chinafalse
- 2Francefalse
- 3Indonesiafalse
- 4Singaporetrue
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Answer : 4. "Singapore"
Explanation :
India has been placed in the “regular follow-up category” by the Financial Action Task Force (FATF) after its plenary meeting in Singapore from June 26-28, 2024. The meeting evaluated 17 countries on anti-money laundering, anti-terrorism financing, and anti-proliferation compliance. India, Russia, France, Italy, and the UK were kept in the regular follow-up, while one country was grey-listed. The FATF commended India’s efforts but urged quicker prosecution in such cases.