On September 19, 2024, the Financial Action Task Force (FATF), an intergovernmental organization tasked with combating money laundering and terrorist financing (TF) worldwide, released its Mutual Evaluation Report (MER) on India. Although India achieved a high level of technical compliance overall, FATF notes that India needs to better comply with FATF Recommendation 8 on non-profit organizations (NPOs). Read the full analysis here.