New Delhi: India will host the Private Sector Collaborative Forum (PSCF) 2025 of the Financial Action Task Force (FATF) from March 25-27, where issues of global priorities such as payment transparency, financial inclusion and digital transformation of financial systems will be discussed, the finance ministry said in a statement on Monday.
The forum will be hosted by the Reserve Bank of India (RBI) and the Department of Revenue, under the finance ministry, in Mumbai.
Discussions at the forum will revolve around issues shaping the global anti-money laundering and combating the financing of terrorism (AML/CFT) landscape, it said.
“Participants will explore how FATF can continue to address evolving threats while promoting financial inclusion through robust, risk-based supervision of regulated entities,” it said, adding that the meeting will also focus on enhancing transparency in beneficial ownership and leveraging digital tools to strengthen AML/CFT compliance mechanisms.
