Networking the Networks

International groups combating money laundering rackets funding terror activities and organised crime syndicates will come together for brainstorming here in the first week of November so as to build greater inter-regional coordination in law enforcement and intelligence-sharing. The meeting, part of ‘Networking the Networks,’ an initiative of the United Nations Office on Drugs and Crime (UNODC), is being held in coordination with the Indian government. Among the key participants are representatives of top international groups, including Interpol, the Egmont Group of Financial Intelligence Units, Financial Action Task Force, the Eurasian Group on combating money laundering and financing of terrorism and the Asia/Pacific Group on Money Laundering.

Building global network

The Directorate of Revenue Intelligence and the Enforcement Directorate will also attend the meeting that will address a wide range of issues pertaining to trans-border illicit financial transactions by organised criminal syndicates and terror outfits. The meeting will focus on establishing close cooperation among these groups to build a global network for an effective fight against money laundering.

By: Vishal