India assists 18 Nepal officers in training for Anti-Money Laundering and Terror financing in Bengaluru

Bengaluru, October 22: Acting thoroughly against money laundering and terror financing, India has strongly stood against such activities. Following the same, India’s close neighbour Nepal has started their training on Anti-Money Laundering and Countering Financing of Terrorism at Regional Centre of National Academy of Customs, Indirect Taxes and Narcotics (NACIN) in Bengaluru.

 

Nepal is training the 18 officers with the assistance of the Indian Government at the National Academy of Customs, Indirect Taxes and Narcotics (NACIN), Bengaluru. The training of the officers is being provided under the Indian Government. In a statement by the Indian embassy in Nepal, it stated, “This is a special tailor-made course designed at the request of Government of Nepal for a total of 60 officers. It is an example of the Government of India's commitment to enhance the capacities of various agencies of the Government of Nepal. The course is fully supported by the Government of India under the Ministry of External Affairs' Indian Technical and Economic Cooperation (ITEC) Programme”.

 

Earlier, a group of 20 officers, the first batch of Nepal, completed their training on August 24, 2019, and the third batch is expected to go for training in December this year. This step will further ensure the enhancement of the capabilities and skills of officers in Nepal and India when pertaining to the cases related to Anti Money Laundering, Countering Financing of Terrorism charges and other similar charges.

NACIN is the apex training institution of the Government of India in the field of financial investigations and anti-money laundering matters. An accredited Regional Training Centre of World Customs Organisation for Asia/Pacific Region, the NACIN also works in collaboration with other international organisations like UNEP, UNODC, SASEC, and etc.