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Which body sets the global standards against money laundering?
AFATF
BFICO
CFIMA
DFEMA
Answer & Solution
Correct answer: A. FATF
1. It is an inter-governmental body set up in 1989.
2. Its members promote legal and operational measures.
3. That body is the Financial Action Task Force.
_Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
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