At FATF, India pushes to bring online gaming companies under strict framework
- Posted on September 23, 2024
- By Business News Today
- 3 Views
At FATF, India pushes to bring online gaming companies under strict framework
India is advocating for online gaming companies to be included under anti-money laundering and counter-terrorism financing frameworks. The government is pushing for strict Know Your Customer norms and reporting of suspicious transactions, citing concerns over illicit funds laundered through platforms like Mahadev Apps. This will be discussed at the next FATF meeting in Paris.