FIU_IND Registration..................pdf

FIU-IND was formed in 2004 as the prime body for coordinating India’s Anti-Money Laundering (“AML”) efforts. The main objectives and function of FIU-IND is to receive, analyse, process, and disseminate information relating to suspect financial transactions. FIU-IND is an independent body reporting directly to the Economic Intelligence Council (EIC) headed by the Ministry. FIU-IND coordinates and strengthens the efforts of national investigation, international intelligence, and enforcement agencies in pursuing the global efforts against money laundering and financing of terrorism.

1. [email protected] [phone]
FIU-IND Registration for NBFC
(Price Start at Rs 30000 /-)
Money laundering refers to the various methodologies used to make assets acquired illicitly appear
legal. It involves converting illegally obtained funds into seemingly lawful assets or creating businesses
to generate further income for financing the same illicit activities that originally generated the funds.
Money laundering and terrorist financing have become pressing concerns for the government and
regulatory bodies around the globe.
In India, the primary laws enforced to combat money laundering activities is the Prevention of Money
Laundering Act, 2002 (“PMLA”), and Prevention of Money Laundering (Maintenance of Record) Rules,
2005 (“PMLR”). The PMLA read with PMLR are coupled with rules and regulations formed by other
regulators such as Reserve Bank of India (“RBI”), Securities Exchange Board of India (“SEBI”) which
displays a broad framework for the anti-money laundering laws in India.