By PTI
NEW DELHI: India is prone to arrange a secretariat to cope with anti-money laundering and combating the financing of terrorism points below the worldwide ‘No Money for Terror’ initiative.
The nation indicated this on the third ‘No Money for Terror’ convention which concluded on Saturday, a senior authorities functionary mentioned.
The two-day convention right here was attended by 450 delegates from over 75 nations and worldwide organisations.
“India is keen to establish a secretariat to deal with anti-money laundering/ combating the financing of terrorism (AML/CFT) issues. Discussions are going on with international partners in this direction,” the functionary mentioned.
New Delhi can also be optimistic to institutionalise the ‘No Money for Terror’ convention by making certain it as an annual occasion, the functionary mentioned.
The international watchdog on terror financing and cash laundering, Financial Action Task Force (FATF), which participated within the convention, has additionally expressed willingness to work intently on AML and CFT points below India’s G-20 priorities.
The functionary mentioned India is positioning itself as a worldwide participant in counter-terrorism initiatives and never simply limiting its discourse solely to Pakistan-centric points.
While addressing the concluding session of the convention, Union Home Minister Amit Shah mentioned in the previous few many years, India has efficiently tackled many challenges, together with terrorism.
He mentioned with the nation’s coverage of zero-tolerance in direction of terrorism, robust framework of counter-terror legal guidelines and empowerment of businesses, India has seen a big discount in incidents of terrorism and has succeeded in making certain strict punishment in instances of terrorism.
Nigeria is prone to host the subsequent ‘No Money for Terror’ convention. The delegation representing Nigeria on the convention conveyed that they’d seek the advice of their authorities and take a closing determination on this regard, official sources mentioned.
ALSO READ | Foreign Minister S Jaishankar highlights rising risk of terrorism at international convention
NEW DELHI: India is prone to arrange a secretariat to cope with anti-money laundering and combating the financing of terrorism points below the worldwide ‘No Money for Terror’ initiative.
The nation indicated this on the third ‘No Money for Terror’ convention which concluded on Saturday, a senior authorities functionary mentioned.
The two-day convention right here was attended by 450 delegates from over 75 nations and worldwide organisations.
“India is keen to establish a secretariat to deal with anti-money laundering/ combating the financing of terrorism (AML/CFT) issues. Discussions are going on with international partners in this direction,” the functionary mentioned.
New Delhi can also be optimistic to institutionalise the ‘No Money for Terror’ convention by making certain it as an annual occasion, the functionary mentioned.
The international watchdog on terror financing and cash laundering, Financial Action Task Force (FATF), which participated within the convention, has additionally expressed willingness to work intently on AML and CFT points below India’s G-20 priorities.
The functionary mentioned India is positioning itself as a worldwide participant in counter-terrorism initiatives and never simply limiting its discourse solely to Pakistan-centric points.
While addressing the concluding session of the convention, Union Home Minister Amit Shah mentioned in the previous few many years, India has efficiently tackled many challenges, together with terrorism.
He mentioned with the nation’s coverage of zero-tolerance in direction of terrorism, robust framework of counter-terror legal guidelines and empowerment of businesses, India has seen a big discount in incidents of terrorism and has succeeded in making certain strict punishment in instances of terrorism.
Nigeria is prone to host the subsequent ‘No Money for Terror’ convention. The delegation representing Nigeria on the convention conveyed that they’d seek the advice of their authorities and take a closing determination on this regard, official sources mentioned.ALSO READ | Foreign Minister S Jaishankar highlights rising risk of terrorism at international convention
