Tracking foreign remittances: joint monitoring mechanism to flag NGOs and share negative list with reporting entities.
An interagency monitoring framework has been established to track inward foreign remittances to NGOs, with 77 NGOs on a prima facie adverse notice list and no FEMA contraventions reported by the Enforcement Directorate. A CEIB sub committee recommended that the Intelligence Bureau share a negative list with the Financial Intelligence Unit for dissemination to reporting entities to enable targeted tracking, and the Government has directed continued joint monitoring to ensure timely legal and procedural follow up of flagged cases.