India is under pressure from the Financial Action Task Force (FATF) to expedite prosecutions related to money laundering and terror financing, following a recent evaluation that rated the country as 'moderately effective' in these areas. The FATF's report acknowledged India's advancements in anti-money laundering measures but highlighted significant backlogs in the court system that hinder timely justice, with asset seizures totaling €9.3 billion yet minimal convictions. The task force emphasized the importance of swift trials, given the ongoing threats from terrorist financing, particularly in Jammu and Kashmir. Despite these challenges, India received a high rating for its financial intelligence and cooperation in combating illicit finance. The FATF categorizes India in the 'regular follow-up' group, alongside only four other G20 nations, indicating areas needing improvement as the economy continues to grow. The next evaluation of India's compliance is set for 2031, urging the nation to address these gaps promptly.