The Union Cabinet has approved the signing of the Memorandum of Understanding (MoU) between India and the United Kingdom and Northern Ireland regarding cooperation and Exchange of Information for the Purposes of Combating International Criminality and Tackling Serious Organised Crime.

India and U. K. already have an agreement concerning the investigation and prosecution of crime and the tracing, restraint, and confiscation of the proceeds and instruments of crime (including crimes involving currency transfers) and terrorist funds, which was signed in 1995. Both the countries desire to further strengthen cooperation in fighting international criminality and serious organized crime. The MoU will reinforce the collaboration in the field of security that will be mutually beneficial. It also includes crimes involving currency transfers and terrorist funds.