[Financial Action Task Force (FATF) urges India to strengthen virtual asset regulation] Golden Finance reported that the Financial Action Task Force (FATF) announced on Thursday that after a joint assessment with the Asia-Pacific Anti-Money Laundering Group (APG) and the Eurasian Group (EAG), India has "technically highly complied with FATF recommendations and has taken significant measures to implement the fight against illegal financing". However, areas for improvement were pointed out, especially in the regulation of non-financial sectors and virtual asset providers. India was urged to take a risk-based approach to protect non-profit organizations and address delays in the prosecution of financial crimes.