New Delhi, April 17 -- The Financial Intelligence Unit- India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here in the national capital on Thursday, as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering Act and Rules framed thereunder.

The MoU was signed by Vivek Aggarwal, Director, FIU-IND and R.L.K. Rao, Executive Director, Department of Regulation, Reserve Bank of India.

According to the MoU, FIU-IND and RBI will cooperate with each other in the areas of mutual interest, including each party to the MoU appointing a nodal officer and an alternate nodal officer to interact with the other party.

They will share relevant inte...