The Government of India announced two significant Memoranda of Understanding (MoUs) signed by the Financial Intelligence Unit-India (FIU-IND) with the Securities and Exchange Board of India (SEBI) and the Pension Fund Regulatory and Development Authority (PFRDA) to strengthen efforts against money laundering and financial crimes. These MoUs aim to enhance coordination, intelligence sharing, and compliance monitoring under the Prevention of Money Laundering Act (PMLA) and related rules. The agreements establish frameworks for data exchange, identification of suspicious transactions, and dissemination of red flag indicators. They also provide for joint outreach and training programs to improve Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT) capabilities among regulated entities. Additionally, both collaborations emphasize alignment with international standards, regular information exchange meetings, and cooperation with foreign financial intelligence units under Egmont principles, thereby reinforcing India’s financial regulatory and enforcement ecosystem.
Ministry of Finance
Financial Intelligence Unit-India and Securities and Exchange Board of India sign MoU to combat money laundering and financial crimes
Posted On: 16 APR 2026 1:19PM by PIB Delhi
In a significant step towards strengthening India’s fight against money laundering and financial crimes, the Financial Intelligence Unit-India (FIU-IND) and Securities and Exchange Board of India (SEBI) signed a comprehensive Memorandum of Understanding (MoU) to enhance information sharing and coordination.
The MoU was signed by Shri Amit Mohan Govil, Director, FIU-IND, and Shri Sandip Pradhan, Whole Time Member, SEBI marking a new era of collaborative intelligence sharing between the two agencies at the forefront of India’s fight against money laundering and financial crimes.
The collaboration will involve sharing relevant intelligence and information available in their respective databases, and laying down the procedures and modalities for reporting by regulated entities and reporting entities to FIU-IND under the provisions of the PML Rules. The MoU shall also assist in exchange of information with foreign FIU through Egmont Principles of Information Exchange.
The MoU aims to enable both agencies to undertake outreach and training programmes for regulated/reporting entities, with a focus on upgrading Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) capabilities among entities regulated by the SEBI. Further, both parties shall ensure alignment with applicable international standards and hold quarterly meetings to exchange information and deliberate on issues of mutual interest.
The cooperation will also include assessment of Money Laundering and Terror Financing (ML/TF) risks and vulnerabilities across relevant financial sub-sectors, identification and dissemination of red flag indicators for suspicious transactions, and supervision and monitoring of compliance by reporting entities with obligations under the PMLA, PML Rules, and SEBI guidelines.
ABOUT FINANCIAL INTELLIGENCE UNIT-INDIA (FIU-IND)
FIU-IND is the central national agency responsible for receiving, processing, analyzing, and disseminating information relating to suspect financial transactions and coordinating efforts against money laundering and financing of terrorism.
ABOUT SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI)
The Securities and Exchange Board of India (SEBI) is the statutory regulatory body established under the Securities and Exchange Board of India Act, 1992, responsible for regulating and supervising the securities market in India and protecting the interests of investors. SEBI provides a comprehensive regulatory and supervisory framework for market intermediaries, listed entities and other participants in the securities market to ensure transparency, integrity and orderly functioning of the market ecosystem.
Ministry of Finance
Financial Intelligence Unit-India and Pension Fund Regulatory and Development Authority sign MoU to combat money laundering and financial crimes
Posted On: 16 APR 2026 1:21PM by PIB Delhi
In a significant step towards strengthening India’s fight against money laundering and financial crimes, the Financial Intelligence Unit-India (FIU-IND) and the Pension Fund Regulatory and Development Authority (PFRDA) signed a comprehensive Memorandum of Understanding (MoU) to enhance information sharing and coordination.
The MoU was signed by Shri Amit Mohan Govil, Director, FIU-IND and Shri Shri Randip Singh Jagpal, Whole Time Member, PFRDA, in the presence of Shri Sivasubramanian Ramann, Chairperson, PFRDA.
The MoU aims to enable both agencies to undertake outreach and training programmes for regulated/reporting entities, with a focus on upgrading Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) capabilities among entities regulated by the PFRDA. Further, both parties shall ensure alignment with applicable international standards and hold quarterly meetings to exchange information and deliberate on issues of mutual interest.
Each Party to the MoU shall designate a nodal officer, along with an alternate nodal officer, to facilitate regular coordination and interaction between the two agencies. The MoU shall also assist in exchange of information with foreign FIU through Egmont Principles of Information Exchange.
The cooperation will also include assessment of Money Laundering and Terror Financing (ML/TF) risks and vulnerabilities across relevant financial sub-sectors, identification and dissemination of red flag indicators for suspicious transactions, and supervision and monitoring of compliance by reporting entities with obligations under the PMLA, PML Rules, and PFRDA guidelines.
ABOUT FINANCIAL INTELLIGENCE UNIT-INDIA (FIU-IND)
FIU-IND is the central national agency responsible for receiving, processing, analyzing, and disseminating information relating to suspect financial transactions and coordinating efforts against money laundering and financing of terrorism.
ABOUT PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (PFRDA)
The Pension Fund Regulatory and Development Authority is the statutory regulatory body established under the PFRDA Act, 2013, responsible for the regulation, development and supervision of the pension sector in India, including the National Pension System and Atal Pension Yojana. PFRDA provides a comprehensive regulatory and supervisory framework for intermediaries such as pension funds, central recordkeeping agencies, trustees, aggregators and points of presence to ensure orderly growth of the pension ecosystem and protection of subscriber interests.
