<h1>India Revises MoU for Financial Intelligence Exchange with Global Units, Aligns with Egmont Group 2014 Model.</h1> The Union Cabinet of India, led by the Prime Minister, has approved a revised Model Memorandum of Understanding (MoU) for the exchange of information between India's Financial Intelligence Unit (FIU-Ind) and foreign Financial Intelligence Units (FIUs). This revised MoU is based on the Egmont Group Secretariat's 2014 model. FIU-Ind's core functions include processing requests, disseminating information, and maintaining relationships with foreign FIUs. The MoU is essential for facilitating the sharing of financial intelligence with other countries' FIUs, which is often a prerequisite for such exchanges.