SARICC-South Asian Regional Intelligence& Co-ordination Centre
Post on 19,November 2015   5:00 AM
By - PolyEyes Staff
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Seven counties in the South Asian region have decided to come together to set up a regional intelligence and coordination centre

Aim: to tackle the menace of money laundering and illicit financial flows.

  • This is the first time an attempt is being made to establish such a centre in South Asia. 
  • India is spearheading the initiative so as to have a coordinated action against money laundering ad illicit financial flows.
  • Besides India, the countries that are part of the initiative of setting up of the South Asian Regional Intelligence and coordination Centre (SARICC) are Nepal, Bhutan, Bangladesh, Myanmar, Sri Lanka, Maldives.

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