India and Qatar FIU discuss IT systems, virtual digital assets

During the visit, FIU-IND caput Vivek Aggarwal and Sheikh Ahmed Al Thani discussed existent practices successful Anti-money Laundering and Countering the Financing of Terrorism (AML/CFT) authorities arsenic good arsenic imaginable areas of aboriginal collaboration betwixt the 2 organisations.

Both sides touched upon assorted areas, including the IT systems utilized by respective jurisdiction, Public-Private Partnership inaugural of FIU-IND (FPAC), Private-Private Partnership for Alliance of Reporting Entities successful India For AML/CFT (ARIFAC), strategical investigation and assorted tools utilized by the 2 FIUs arsenic good arsenic FIU-IND’s acquisition successful country of virtual integer assets work providers (VDA-SPs).

Further, methods of effectual accusation speech were besides discussed and deliberated upon, the ministry said successful a statement.

It said FIU-Qatar appreciated the IT strategy (FINNET 2.0) utilized by FIU-IND and mentioned that it is 1 of the astir blase systems utilized by immoderate FIU.

They expressed keenness to further recognize the Private-Private Partnership inaugural from FIU-IND which facilitates the collaboration amongst backstage assemblage players successful AML/CFT regime.

FIU-Qatar and FIU-IND person cooperated with each different implicit the years, done the informal accusation speech connected offences related to wealth laundering, financing of terrorism.