Consider the following statements regarding the Financial Action Task Force (FATF):
1. It was established in 1989 during the G20 Summit in Paris to develop policies against money laundering.
2. India currently holds an ‘observer’ status in the FATF.
3. The term ‘40+9 FATF Standards’ refers to 40 recommendations against money laundering and 9 special recommendations against terrorist financing.
Which of the statements given above is/are correct?
1
Only one
2
Only two
3
All three
4
None