The top cops in the country will hold a three-day conference in New Delhi from October 3 to discuss ways to tackle financial terrorism.

Financial terrorism has become a major concern for the intelligence agencies and the police. The meeting comes in the wake of several cases of financial terrorism being reported across the country.

The Intelligence Bureau had pointed out the large number of funds that were entering into the country from terrorist outfits in order to carry out terror attacks.

Senior police officers say that financial terrorism has to be nipped as it could snowball into a major worry in the coming years.

At present, terrorist funds are coming into the country in the form of hawala transfers, foreign contributions and religious donations. The meet will focus on how to keep a tab on such transactions. The views of senior police officers will be sought and a mechanism devised on how to control this problem.

The three day conference which will commence on October 3 would be inaugurated by Home Minister Shivraj Patil. The conference will be attended by director generals, inspector generals and top intelligence bureau officials. The conference will also be addressed by Prime Minister Dr Manmohan Singh [Images] on October 4.

Financial experts from Enforcement Directorate and Directorate of Revenue Intelligence who will take part in the meet will aim at formulating a policy to check the manipulation of the stock and commodity market.

The conference according a senior police officer will largely focus on economic terrorism in India which is a major concern. It has to be nipped or else it will become a major worry in the future.