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Mahesh

20/11/22 18:57 PM IST

No Money for Terror' Ministerial Conference on Counter-Terrorism Financing in New Delhi

In News 
  • Recently, third 'No Money for Terror' (NMFT) Ministerial Conference on Counter-Terrorism Financing was held in New Delhi, India.
About the conference 
  • The “No Money for Terror” conference was started in 2018, as an initiative of the French government, to specifically focus on cooperation between countries to choke terror funding.
  • In 2019, the conference was held in Australia.
  • It was to be held in India in 2020 but was postponed due to the Covid-19 pandemic.
  • It offered a unique platform for participating nations and organisations to deliberate on the effectiveness of the current international regime on Counter Terrorism Financing and the steps required to address emerging challenges.
  • It was attended by delegates from 72 countries and 15 international organisations.
  • During the Conference, deliberations were held in four sessions with focus on:
  • Global Trends in Terrorism and Terrorist Financing.
  • Use of Formal and Informal Channels of Funds for Terrorism.
  • Emerging Technologies and Terrorist Financing.
  • International Co-operation to Address Challenges in Combating Terrorist Financing.
Measures taken for Counter Terrorism 
  • In January 2009, in the wake of the 26/11 terrorist attack, the National Investigation Agency was established to deal with terrorist crimes.
  • In India, the Unlawful Activities (Prevention) Amendment Act is the primary anti-terrorism law.
  • To gather information related to security, the National Intelligence Grid (NATGRID) has been established.
  • An operational hub has been created for the National Security Guard to ensure a rapid response to terrorist attacks.
Source- PIB 

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