Why in News? 

The Indian Cyber Crime Coordination Centre (I4C), an initiative of the Union Ministry of Home Affairs, has been brought under the Prevention of Money Laundering Act (PMLA), 2002, with a notification by the Department of Revenue under the Ministry of Finance.  

Key Points to Note 

• I4C's Role: This new inclusion will enable I4C to strengthen its fight against cyber-enabled financial crimes by collaborating with law enforcement agencies. 
• Section 66 of PMLA 2002: Under this section, I4C will now have the authority to share necessary information with the Enforcement Directorate for investigation. 
• Disclosure of Information: The Directorate of Enforcement or the authorities designated by it can now share information that is in their possession, ensuring better coordination in the fight against money laundering activities. 

About Indian Cyber Crime Coordination Centre (I4C) 

• Inception: I4C was officially inaugurated in 2020 under the Union Ministry of Home Affairs to act as the central point for addressing cybercrimes in India. 
• Objective: It aims to provide a comprehensive framework and eco-system to assist law enforcement agencies in tackling cybercrime in a coordinated manner. 
• Key Developments: In July 2024, I4C was made an attached office under the Union Ministry of Home Affairs.