Gold Finance reported that the Financial Action Task Force on Money Laundering (FATF) announced on Thursday that India has "achieved a high level of technical compliance with FATF recommendations and has taken significant steps to implement measures to combat illicit finance" after a joint assessment with the Asia/Pacific Group on Money Laundering (APG) and the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG). However, it highlighted areas for improvement, particularly in regulating the non-financial sector and virtual asset providers. The FATF urged India to adopt a risk-based approach to protect non-profit organizations and address the issue of delays in prosecuting financial crimes.