No Money for Terror Conference

No Money for Terror Conference

#GS-03 Internal Security

For Prelims:

No Money for Terror Conference:

  • The Conference is organised by Financial Intelligence Units (FIUs) of over 100 countries, jointly called The Egmont Group.
  • The Egmont Group was created to provide FIUs around the world a forum to exchange information confidentially to combat money-laundering, the financing of terrorism and other predicate offences.
  • New Delhi will host the third edition of the “No Money for Terror” (NMFT) conference in November 18 and 19, 2022.
  • There would be 450 representatives attending the conference, including representatives from Interpol, Europol and the Financial Action Task Force (FATF).
  • Pakistan and Afghanistan are not attending the event while a confirmation from China was awaited.

National Investigation Agency:

  • The NIA is the Central Counter-Terrorism Law Enforcement Agency of India mandated to investigate all the offences affecting the sovereignty, security and integrity of India.
  • It is a statutory body under the NIA Act enacted on 31-12-08 during the aftermath of Mumbai Terror Attacks.
  • At present NIA is functioning as the Central Counter Terrorism Law Enforcement Agency in India.
  • The agency is empowered to deal with the investigation of terror related crimes across states without special permission from the states under written proclamation from the Ministry of Home Affairs.

Jurisdiction:

  • The whole of India and also applies to Indian citizens outside the country.
  • Persons in the service of the government wherever they are posted.
  • Persons on ships and aircraft registered in India wherever they may be.
  • Persons who commit a scheduled offence beyond India against the Indian citizen or affecting the interest of India.

Source “India has evidence of terror financing through social media platforms: NIA chief