FIU-IND and I4C Sign MoU to Step Up Fight Against Cyber Fraud and Financial Crime

In a major move to strengthen India’s response to cyber-enabled financial crime, the Financial Intelligence Unit-India (FIU-IND) and the Indian Cyber Crime Coordination Centre (I4C) have signed a comprehensive Memorandum of Understanding to deepen information sharing and operational coordination. The agreement was announced by the Ministry of Finance on April 9, 2026, and is aimed at improving the country’s institutional response to cyber fraud, suspicious financial activity and digital transaction-related crime.

The MoU was signed by Amit Mohan Govil, Director of FIU-IND, and Rajesh Kumar, Chief Executive Officer of I4C. According to the release, the agreement is intended to create a more structured framework for collaborative intelligence sharing between the two agencies, both of which play key roles in tackling financial crime and cyber fraud in India’s rapidly expanding digital ecosystem.

The government said the partnership comes at a time when India’s digital payments landscape has grown rapidly, increasing the need for stronger safeguards against fraud and cybercrime. Under the arrangement, the two agencies will work on developing operational information, supporting investigative agencies, protecting digital transactions and advancing asset recovery efforts in cases linked to financial crime.

The MoU also aims to establish stronger national feedback mechanisms for fraud detection and to support the creation and dissemination of guidelines and red-flag indicators for financial institutions. This is expected to help banks and other financial entities identify suspicious patterns earlier and strengthen preventive action against cyber-enabled fraud. The PIB release describes the agreement as a milestone in adopting a whole-of-government approach to combating cybercrime.

FIU-IND serves as India’s central national agency for receiving, processing, analysing and disseminating information related to suspect financial transactions, while also coordinating efforts against money laundering and terrorist financing. I4C, an attached office under the Ministry of Home Affairs, provides the framework and ecosystem for law-enforcement agencies to tackle cybercrime in a coordinated manner and has developed platforms such as the National Cybercrime Reporting Portal, Cyber-Police and the Suspect Registry for real-time information sharing.

Reference:

https://www.pib.gov.in/PressReleasePage.aspx?PRID=2250459&reg=3&lang=1