New Delhi, Nov. 5 -- In a strong endorsement of India's efforts to combat financial crimes, the Financial Action Task Force (FATF), a globalterror funding watchdog, has cited multiple examples from the country in its latest publication, and recognized the Enforcement Directorate's role in setting operational benchmarks for global asset recovery.

The latest publication of FATF namely "Asset Recovery Guidance and Best Practices", showcases India's effective framework for tracing, seizing, and returning assets derived from criminal activities.

The FATF report, which follows the most extensive reform of standards on confiscation and international cooperation in over three decades, provides a comprehensive roadmap for jurisdictions to streng...