Archive · 11 Nov 2025
FATF Praises India's Enforcement Directorate as Model Asset Recovery Agency
Imagine a global club that fights bad guys who steal money and send it to terrorists.
This club, called FATF, just released a guide on how countries can get stolen money back.
They said that India's special police unit, the ED, is really good at this job.
The FATF used examples from cases the ED solved to show other countries how to do it.
One case involved recovering a lot of money for people who were tricked in a big scam.
Another case showed how India got back money that criminals tried to hide in other countries.
The FATF thinks India's laws and the ED's teamwork are excellent examples for everyone.
The Financial Action Task Force (FATF) has recognized India's Enforcement Directorate (ED) as a 'model agency' for asset recovery.
FATF's report, 'Asset Recovery Guidance and Best Practices,' highlights ED's efficiency and inter-agency coordination.
The report references Indian legal frameworks like the Prevention of Money Laundering Act, 2002, and the Fugitive Economic Offenders Act, 2018.
Specific ED cases cited include the recovery of ₹60 billion in an investment fraud and the attachment of ₹17.77 billion in assets transferred abroad.
India's ED contributed to shaping global standards by sharing practical experiences from developing economies.
- Who
- Financial Action Task Force (FATF) and India's Enforcement Directorate (ED)
- What
- FATF lauded India's ED as a model agency for its asset recovery practices and inter-agency coordination in its 'Asset Recovery Guidance and Best Practices' report.
- When
- The report was recently released, reflecting ongoing and past actions.
- Where
- The praise and report are global in scope, with specific reference to India.
- Why
- The ED's successful cases, legal frameworks, and contributions to FATF guidance demonstrated effective asset recovery, including value-based confiscation, provisional attachment, and inter-agency cooperation.
- Report Title
- Asset Recovery Guidance and Best Practices
- Praising Body
- Financial Action Task Force (FATF)
- Agency Lauded
- India's Enforcement Directorate (ED)
- Key Indian Laws Mentioned
- Prevention of Money Laundering Act, 2002; Fugitive Economic Offenders Act, 2018
- Example Case 1 (Investment Fraud)
- Assets worth ₹60 billion (USD 690 million) restored
- Example Case 2 (Overseas Transfers)
- Immovable properties worth ₹17.77 billion (USD 204 million) attached