India along with major world economies is participating in the first-ever global meeting being held here to discuss and evolve mechanisms to combat the clandestine and largely undetected terrorist financing network of the Islamic State terror group.
The dreaded terror group, in recent times, has been held responsible for perpetrating violence and killing at least 129 people here in the French capital.
The meeting at the Financial Action Task Force (FATF) Secretariat office is being held between December 12-14 and is being attended by a inter-ministerial team led by senior Finance Ministry officials dealing in subjects of money laundering and combating financing of terror.
The FATF Secretariat confirmed that Indian authorities will be part in the deliberations aimed to secure the economic and banking channels of the member countries from the influence of the Islamic State of Iraq and Syria (ISIS), also called the Islamic State in Iraq and the levant (ISIl).
“The Indian delegation will be led by the Ministry of Finance with participation from other relevant ministries and agencies,” the FATF said.
Senior officials in Delhi said authorities from the elite Financial Intelligence Unit (FIU) will be leading the India delegation for the talks.