The Financial Action Task Force (FATF) on Thursday announced that India has "technically complied with the FATF recommendations to a high degree and has taken significant steps to implement the fight against illicit financing" following a joint assessment with the Asia Pacific Anti-Money Laundering Group (APG) and the Eurasia Group (EAG). But noted areas for improvement, particularly in regulating the non-financial sector and virtual asset providers. India was urged to adopt a risk-based approach to protect non-profit organisations and address delays in financial crime prosecutions.