Source: CSC May 2019

With reference to Financial Action Task Force (FATF) consider the following statements:

  1. It is a policy-making body that frames guidelines to combat money laundering and terrorist financing.
  2. India enjoys an ‘observer’ status at the FATF since 2006.
  3. The FATF lacks the power to directly enact its recommendations.

Which of the statements given above is/are correct?

A
1 and 2
B
2 and 3
C
1 and 3
D
1, 2 and 3