ED's 33rd QCZO: Tech-driven probes, financial crime, and IBC enforcement discussed

• The ED held its 33rd Quarterly Conference of Zonal Officers (QCZO) in Kevadia, Gujarat, on December 5-6.
• The conference focused on fast-tracking investigations using advanced technology like AI, OSINT, and digital resources.
• Discussions included identifying high-impact financial crime cases, tracking fugitives, and strengthening international cooperation.
• The misuse of the Insolvency and Bankruptcy Code (IBC) framework and the BAANKNET platform for asset disposal were also critical topics.
• Emphasis was placed on resolving old FERA adjudication cases and tackling Black Money Act implications with improved coordination.

Why It Matters: ED's tech strategy speeds financial crime probes, strengthening national security.