Financial Intelligence Unit–India

What Financial Intelligence Unit–India does

Financial Intelligence Unit–India (FIU-IND) is the central national agency of the Government of India, established on 18 November 2004 under the Prevention of Money Laundering Act (PMLA) 2002, and operating under the Ministry of Finance. It is responsible for receiving, processing, analyzing, and disseminating information relating to suspect financial transactions to domestic law enforcement agencies and foreign Financial Intelligence Units. It reports directly to the Economic Intelligence Council (EIC) headed by the Finance Minister, and operates through a sanctioned strength of 75 personnel drawn on deputation from CBDT, CBEC, RBI, SEBI, the Department of Legal Affairs, and intelligence agencies.

The agency's operational backbone is the FINNET 2.0 platform suite, which consists of an advanced central analytical platform for risk modeling, data dashboards, and strategic analysis; the FINGate 2.0 portal and FINnet Gateway for receiving mandatory reports (CTRs, STRs, NTRs, CBWTRs, IPRs) from reporting entities; the FINex Portal for secure dissemination of financial intelligence to law enforcement agencies; and the FINnet 2.0 Learning Management System for compliance training. The platform integrates data from across India's regulated financial ecosystem — banks, NBFCs, payment system operators, stock brokers, SEBI-registered intermediaries, housing finance institutions, insurance companies, rural financial institutions, casinos, real estate agents, precious metals and stones dealers, trust and company service providers, and virtual digital asset service providers.

FIU-IND does not generate commercial revenue; it is funded by the Government of India and exercises statutory enforcement powers under Section 13 of PMLA 2002, including monetary penalties ranging from Rs 10,000 to Rs 1 lakh per failure on non-compliant reporting entities. It is an active member of the Egmont Group, FATF, the Asia/Pacific Group on Money Laundering (APG), and the Eurasian Group (EAG), and has signed bilateral intelligence-sharing MoUs with foreign FIUs across South Asia, the Middle East, and Africa. In July 2025 it received the Best Egmont Case Award (BECA) at the Egmont Group Plenary in Luxembourg, and in early 2026 its officers secured Vice Chair positions in the Egmont Group's IEWG and PPWG plus a Committee seat representing the Asia-Pacific Regional Group.

Name

Financial Intelligence Unit–India

Legal name

Financial Intelligence Unit – India (FIU-IND)

Website

https://fiuindia.gov.in

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Financial Intelligence Unit–India (FIU-IND) is India's central government agency, established under PMLA 2002, that receives, analyzes, and disseminates financial intelligence on suspect transactions to domestic law enforcement and foreign Financial Intelligence Units.

Ownership category

akta.pro rank

Product category

Financial Intelligence Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Finance Services (6199)

akta.pro primary industry

Regulatory Reporting & Recordkeeping (AML/CTF) (FSAMAMAG)

akta.pro secondary industries

Case Management, Investigations & SAR/STR Filing (FSAMAMAF), Sanctions, OFAC & Name Screening for Wire/RTP Flows (FSAMAHAG), Sanctions Screening & Watchlist/PEP Screening (Crypto) (FSADALAC)

Keywords

• Financial intelligence analysis
• AML compliance monitoring
• Suspicious transaction reporting
• Anti-money laundering enforcement
• Financial crime intelligence

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure

Revenue model

1. Statutory Regulatory Functions: FIU-IND is a government agency under the Ministry of Finance, Government of India. It does not generate commercial revenue. Its operations are funded by the Government of India. The organization imposes monetary penalties on non-compliant reporting entities under Section 13 of PMLA 2002 (penalties ranging from Rs 10,000 to Rs 1 lakh per failure), but this is a regulatory enforcement function, not a revenue-generating commercial stream.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

FIU-IND is the central national agency of India responsible for receiving, processing, analyzing, and disseminating information relating to suspect financial transactions. It receives mandatory financial transaction reports (Cash Transaction Reports, Suspicious Transaction Reports, Non-Profit Organisation Transaction Reports, Cross Border Wire Transfer Reports, and Immovable Property Reports) from reporting entities such as banks, financial institutions, intermediaries, and designated businesses through the FINNET 2.0 platform. It analyzes these reports for suspicious activity and disseminates actionable financial intelligence to intelligence and law enforcement agencies as well as foreign FIUs to combat money laundering, terrorism financing, and related predicate offences.

Product overview

Financial Intelligence Unit–India (FIU-IND) is a government agency that operates a suite of interconnected platforms for receiving, processing, analyzing, and disseminating financial intelligence to combat money laundering and terrorist financing. The core system is FINNET 2.0, an analytical platform that handles data from reporting entities. Reporting entities submit data through FINGate 2.0 and the FINnet Gateway, which feed into the central system. Law enforcement agencies access intelligence via the FINex Portal. The FINnet 2.0 LMS provides training capabilities. Together, these systems form an end-to-end financial intelligence ecosystem under the PMLA 2002 framework.

Differentiator

Problem solved

Functional benefit

Products and services

• FINNET 2.0 Analytical Platform Primary analytical platform operated by FIU-IND for receiving, processing, and analyzing financial transaction reports from reporting entities. Includes risk modeling, data dashboards, strategic analysis tools, and dissemination mechanisms for enabling law enforcement action. Used by FIU-IND staff to analyze suspicious financial activity and produce intelligence products for enforcement agencies.
• FINGate 2.0 Reporting Portal Web portal through which reporting entities (banks, financial institutions, intermediaries, and designated businesses) submit mandatory reports including Cash Transaction Reports (CTRs), Suspicious Transaction Reports (STRs), Cross Border Wire Transfer Reports (CBWTRs), and Immovable Property Reports (IPRs) to FIU-IND.
• FINnet Gateway Gateway system that enables reporting entities to securely transmit financial transaction data and reports to FIU-IND in compliance with PMLA requirements. Supports submission of CTRs, STRs, NTRs, CBWTRs, and IPRs from reporting entities.
• FINnet 2.0 Learning Management System (LMS) Online learning platform for FIU-IND personnel and reporting entity staff to access training resources related to AML/CFT compliance, regulatory requirements, and FINNET 2.0 reporting procedures.
• FINex Portal Secure portal for Law Enforcement Agencies (LEAs) to access financial intelligence and analysis disseminated by FIU-IND for investigation purposes.

Quantifiable outcome

• FIU-IND received the Best Egmont Case Award (BECA) 2025 in Luxembourg, recognizing excellence in financial intelligence analysis and effective inter-agency cooperation globally.
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered flagship and core.

• Indian Cyber Crime Coordination Centre (I4C)flagshipStrategic or Co-development Partner · 10 April 2026FIU-IND and I4C signed a landmark MoU for information exchange to combat cyber fraud and financial crimes. This MoU enables enhanced coordination between the two agencies in sharing financial intelligence related to cyber-enabled financial crimes and strengthens the overall AML/CFT framework in India.
• Financial Intelligence Unit MauritiusflagshipStrategic or Co-development Partner · 9 February 2026FIU-IND hosted a study visit for the delegation from FIU Mauritius from 9th to 12th February 2026, as part of bilateral cooperation to combat money laundering and terrorist financing. Agenda included FINNET 2.0 technical sessions, VASP regulation, AML/CFT frameworks, and public-private partnerships.
• Financial Intelligence Unit BeninflagshipStrategic or Co-development Partner · 9 February 2026FIU-IND hosted a study visit for the delegation from FIU Benin from 9th to 12th February 2026, as part of bilateral cooperation to combat money laundering and terrorist financing. The four-day agenda included technical sessions on FINNET 2.0, AML/CFT frameworks, and field visits to reporting entities.
• Financial Intelligence Unit Sri LankaflagshipStrategic or Co-development Partner · 5 January 2026FIU-IND hosted a study visit by FIU Sri Lanka delegation from 5 to 7 January 2026, aimed at strengthening institutional cooperation and sharing best practices in financial intelligence. The programme covered FIU-IND's FINNET 2.0 operations, risk-based STR analysis, strategic intelligence products, and AML/CFT frameworks.
• FIU Timor Leste (Unidade de Informação Financeira)flagshipStrategic or Co-development Partner · 1 July 2025MoU between FIU-IND and FIU Timor Leste concerning cooperation in the exchange of intelligence related to money laundering, associated predicate offences, and terrorism financing. Signed by Mr. Manish Kumar Hairat, Director (I/C), FIU-IND, and Ms. Maria José J. Sarmento, Executive Director of FIU Timor Leste.
• Kuwait Financial Intelligence Unit (KwFIU)flagshipStrategic or Co-development Partner · 1 July 2025MoU between FIU-IND and KwFIU concerning cooperation in the exchange of intelligence related to money laundering, associated predicate offences, and terrorism financing. Signed by Mr. Manish Kumar Hairat, Director (I/C), FIU-IND, and Dr. Hamad Khaled Al-Mekrad, Head of KwFIU.
• Reserve Bank of India (RBI)coreStrategic or Co-development Partner · 17 April 2025MoU between FIU-IND and RBI for enhanced coordination and information exchange in furtherance of effective implementation of PMLA Act and rules. RBI is the primary regulator for banking companies and many financial institutions that are reporting entities to FIU-IND.
• National Housing Bank (NHB)coreStrategic or Co-development Partner · 17 January 2025MoU between FIU-IND and NHB for enhanced coordination and information exchange in effective implementation of requirements of the Prevention of Money Laundering Act and rules. NHB regulates housing finance institutions.
• Insurance Regulatory and Development Authority of India (IRDAI)coreStrategic or Co-development Partner · 6 January 2025MoU between FIU-IND and IRDAI signed at New Delhi as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering Act and rules. IRDAI regulates insurance companies.
• Financial Intelligence Unit-Qatar (FIU-Qatar)flagshipStrategic or Co-development Partner · 4 November 2024A nine-member delegation headed by His Excellency Mr. Sheikh Ahmed Al Thani, Head of FIU-Qatar, visited FIU-IND on 4-5 November 2024 in New Delhi. The bilateral meeting enhanced cooperation between the two countries in fighting money laundering and financing of terrorism.
• National Bank for Agriculture and Rural Development (NABARD)coreStrategic or Co-development Partner · 3 September 2024MoU between FIU-IND and NABARD signed at FIU-IND, New Delhi, as part of continued coordinated efforts in effective implementation of requirements of the PMLA Act and rules. NABARD regulates rural financial institutions.
• National Centre for Financial Information, Sultanate of Oman (NCFI)flagshipStrategic or Co-development Partner · 25 June 2024MoU between FIU-IND and NCFI Sultanate of Oman concerning cooperation in the exchange of intelligence related to money laundering, associated predicate offences, and terrorism financing. Signed by Head of FIU-IND Mr. Vivek Aggarwal and Mr. Abdul Rahman Amur Al-Kiyumi, Head of NCFI.
• Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG)flagshipStrategic or Co-development Partner · 1 January 2004EAG is an FATF-style regional body for Eurasian countries. India is an associate member and FIU-IND participates in EAG plenary meetings. India hosted the 41st EAG Plenary Meeting in Indore from 25-29 November 2024.
• Asia/Pacific Group on Money Laundering (APG)flagshipStrategic or Co-development Partner · 1 January 1997APG is an autonomous regional anti-money laundering body that facilitates adoption and implementation of FATF standards in the Asia-Pacific region. FIU-IND participates in APG activities and India holds the position of Regional Representative of APRG in the Egmont Group.
• Egmont GroupflagshipStrategic or Co-development Partner · 1 January 1995The Egmont Group is an international network of FIUs fostering improved communication and interaction among FIUs worldwide. FIU-IND participates through the Egmont Secure Web (ESW) for secure international information exchange, and holds leadership positions in the Egmont Committee, IEWG, and PPWG. FIU-IND has received the Best Egmont Case Award (BECA) 2025 and has representation in the Egmont Group Committee.
• Financial Action Task Force (FATF)flagshipStrategic or Co-development Partner · 1 January 1989FATF is an inter-governmental body that sets standards and develops policies to combat money laundering and terrorist financing. India is a member of FATF and FIU-IND plays a central role in implementing FATF recommendations in India. The FATF conducted a mutual evaluation of India and FIU-IND officers contributed significantly to the evaluation team.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• ComplyAdvantage: AI-native AML and sanctions screening vendor serving fintechs and banks. Emerging alternative to legacy FIU-style analytics platforms with focus on real-time risk decisioning.

Others

• Reserve Bank of India (RBI): Domestic partner regulator with which FIU-IND has a 2025 MoU for information exchange; RBI supervises banks that are reporting entities to FIU-IND. Not a peer but ecosystem participant.
• Egmont Group of Financial Intelligence Units: Global FIU network of which FIU-IND is a member; coordinates secure FIU-to-FIU information exchange. Not a peer but a critical enabling partnership.

Direct peers

• AUSTRAC (Australian Transaction Reports and Analysis Centre): Australia's FIU and AML/CTF regulator receiving SMRs and IFTIs from reporting entities. Comparable operating model including intelligence analysis, regulatory cooperation, and Egmont Group participation.
• FinCEN (Financial Crimes Enforcement Network, US): US national financial intelligence unit that receives SARs/CTRs, analyzes financial intelligence, and disseminates to law enforcement. Functionally analogous to FIU-IND as a central FIU operating under BSA and participating in the Egmont Group.
• FINTRAC (Financial Transactions and Reports Analysis Centre of Canada): Canada's national FIU responsible for receiving financial transaction reports, analyzing for money laundering and terrorism financing, and disclosing intelligence to law enforcement. Direct counterpart in role, mandate, and Egmont Group membership.

Regional players

• FINMA (Swiss Financial Market Supervisory Authority): Switzerland's integrated financial regulator with AML oversight functions; comparable regulatory mandate but different jurisdictional remit and supervisory integration model.

Broad incumbents

• Financial Conduct Authority (FCA), UK: UK financial services regulator with AML supervisory responsibilities over firms. Broader mandate than FIU-IND but operates in overlapping AML/CFT compliance and enforcement space.
• SAS Anti-Money Laundering: Major AML analytics vendor offering transaction monitoring, sanctions screening, and case management. Comparable to FIU-IND's analytical function but as a commercial vendor rather than a regulator.
• Nice Actimize (NICE): Enterprise AML and financial crime compliance platform used by global banks and regulators. Adjacent in capability to FIU-IND's FINNET 2.0 analytical platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/financial-intelligence-unit-fiu-ind-

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Financial Intelligence Unit–India