India is strengthening its anti-money laundering and combating the financing of terrorism system. India has enacted anti-money laundering and terrorist financing legislation. India has established a Financial Intelligence Unit which includes a system for reporting suspicious transactions.
In 2005 India underwent its first APG mutual evaluation. The full report of the evaluation is available from the document section of this web site. India also underwent a joint APG/FATF Mutual Evaluation in 2009 and the report was adopted by the FATF in June 2010 and by the APG in July 2010.
India became a member of the APG in March 1998 and a member of the FATF in June 2010.
India held the rotating APG Co-Chair appointment from 2010-2012.
Link to FIU: Financial Intelligence Unit - India
Reserve Bank of India
Mutual Evaluation Report - adopted by APG 13 July 2005.