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Financial Intelligence Unit (FIU-IND) Registration

Home > Financial Intelligence Unit (FIU-IND) Registration

Financial Intelligence Unit (FIU-IND) Registration

The Financial Intelligence Unit – India (FIU-IND) is the central national agency responsible for receiving, processing, analyzing, and disseminating information related to suspect financial transactions. Set up by the Government of India and operating under the Ministry of Finance, FIU-IND works under the Prevention of Money Laundering Act (PMLA), 2002 and serves as India’s nodal financial intelligence agency and the recognized Financial Intelligence Unit under the Egmont Group.

Every Reporting Entity (RE) — including banks, NBFCs, HFCs, payment system operators, stockbrokers, mutual funds, insurance companies, virtual digital asset service providers, and other entities notified under PMLA — is required to register with FIU-IND, appoint a Principal Officer and Designated Director, and file periodic reports including CTRs, STRs, NTRs, CBWTRs, and CCRs within strict timelines.

We provide end-to-end FIU-IND registration, onboarding, and AML compliance advisory — covering eligibility review, FINnet 2.0 onboarding, Principal Officer & Designated Director appointment, policy drafting, system integration, report filing setup, and ongoing PMLA compliance — so your Reporting Entity is fully aligned with FIU-IND and PMLA expectations.

FIU-IND
India’s AML nodal agency
PMLA
Mandatory for all REs
FINnet 2.0
Portal for reporting
Egmont
Member FIU globally
Laws & Frameworks We Work Under
PMLA, 2002
PMLA Rules, 2005
RBI KYC Master Directions
SEBI KYC & AML
IRDAI / PFRDA AML
FIU-IND Guidelines
FATF Recommendations
Egmont Group Principles

Our FIU-IND Registration & AML Services

01

Applicability Assessment

Evaluation of FIU-IND applicability, entity classification, and PMLA Reporting Entity status.

02

FINnet 2.0 Onboarding

Registration on FIU-IND’s FINnet 2.0 portal with complete documentation and user setup.

03

Principal Officer & DD

Appointment of Principal Officer and Designated Director with PMLA-compliant declarations.

04

AML / CFT Policy

Drafting of AML/CFT policy, customer acceptance policy, and risk assessment framework.

05

Transaction Monitoring

Advisory on transaction monitoring rules, alerts, thresholds, and red flag scenarios.

06

Report Filing Setup

CTR, STR, NTR, CBWTR, CCR filing workflows and system integration with FIU-IND.

07

Training & Awareness

Training of Principal Officer, compliance team, and frontline staff on AML red flags.

08

Audit & Ongoing Support

Periodic AML audit, policy refresh, record-keeping, and regulator response support.

Who Must Register with FIU-IND

Banking

Banks

All scheduled, commercial, cooperative, payment, and small finance banks under RBI.

RBI

NBFCs & HFCs

All categories of NBFCs, housing finance companies, and ARCs regulated by the RBI.

SEBI

Capital Market Entities

Stockbrokers, depository participants, mutual funds, AIFs, and investment advisers.

IRDAI

Insurance Companies

Life, general, health insurers, and insurance intermediaries licensed by IRDAI.

PFRDA

Pension Fund Entities

Pension fund managers, CRAs, POPs, and intermediaries in the NPS architecture.

Payments

Payment System Operators

Payment aggregators, PPI issuers, payment gateways, and other PSOs under RBI.

VDA

Crypto / VDA Service Providers

Virtual Digital Asset exchanges, custodians, and VASPs notified as Reporting Entities.

DNFBPs

Designated Non-Financial Businesses

Real estate agents, dealers in precious metals / stones, and other notified DNFBPs.

Key Reports to be Filed with FIU-IND

CTR

Cash Transaction Report

Cash transactions above the prescribed threshold in a single month by a single customer.

STR

Suspicious Transaction Report

Transactions, attempted or executed, that give rise to reasonable suspicion under PMLA.

NTR

Non-Profit Organisation Transaction Report

Transactions involving NPOs / NGOs as defined under the PMLA Rules.

CBWTR

Cross-Border Wire Transfer Report

Cross-border wire transfers above the prescribed threshold to / from other countries.

CCR

Counterfeit Currency Report

Reports of counterfeit currency notes detected at branches or payment channels.

VDA-TR

Virtual Digital Asset Reports

Reports on prescribed VDA transactions for notified Virtual Digital Asset service providers.

Key Officers Required Under PMLA

Officer 1

Principal Officer (PO)

Senior officer responsible for compliance with PMLA obligations, including identification of suspicious transactions, filing of reports with FIU-IND, and acting as the primary liaison with the regulator.

Officer 2

Designated Director (DD)

Board-level director designated by the Reporting Entity to ensure overall compliance with PMLA, monitor the AML framework, and oversee the functioning of the Principal Officer.

Documents Required

Reporting Entity Details

  • Certificate of Incorporation
  • PAN of the entity
  • Regulator license (RBI / SEBI / IRDAI / PFRDA)
  • Registered & corporate office address
  • Board resolution for FIU registration
  • Group structure overview

Principal Officer & DD

  • KYC of Principal Officer
  • KYC of Designated Director
  • Appointment letters
  • Board resolution for appointments
  • PAN / Aadhaar / passport
  • DSC of authorized users

AML Policy & Technical

  • AML / CFT Policy document
  • Customer Acceptance Policy
  • Risk categorization framework
  • Transaction monitoring rules
  • IT / IS security policy
  • Integration design for FINnet 2.0

Our FIU-IND Onboarding Process

1

Applicability

Confirm status as a Reporting Entity under PMLA and identify all applicable report types.

2

Officers & Policy

Appoint Principal Officer and Designated Director; finalize the AML/CFT Policy.

3

Registration

File FIU-IND registration on the FINnet 2.0 portal with supporting documentation.

4

Systems & Reports

Configure transaction monitoring, set up CTR/STR/NTR/CBWTR/CCR reporting workflows.

5

Go-Live & Training

Go-live with reporting, train staff, and onboard into ongoing AML compliance calendar.

Why FIU-IND Registration Matters

✓
Comply with PMLA obligations for Reporting Entities
✓
Avoid heavy penalties and supervisory action
✓
Strengthen AML, CFT, and fraud defences
✓
Protect brand and reputation from AML events
✓
Align with FATF and global AML standards
✓
Build investor, lender, and partner confidence
✓
Readiness for RBI, SEBI, IRDAI inspections
✓
Contribute to India’s financial integrity ecosystem

FAQs on FIU-IND Registration

What is FIU-IND?
The Financial Intelligence Unit – India (FIU-IND) is the central national agency responsible for receiving, processing, analyzing, and disseminating information relating to suspect financial transactions under the Prevention of Money Laundering Act, 2002. It operates under the Ministry of Finance and is India’s recognized Financial Intelligence Unit as a member of the Egmont Group.
Who needs to register with FIU-IND?
All Reporting Entities (REs) under PMLA must register — including banks, NBFCs, HFCs, ARCs, stockbrokers, depository participants, mutual funds, AIFs, insurance companies, pension fund entities, payment system operators, Virtual Digital Asset service providers, and notified Designated Non-Financial Businesses and Professions (DNFBPs).
What is FINnet 2.0?
FINnet 2.0 is FIU-IND’s upgraded online platform through which Reporting Entities register with FIU-IND, onboard users, file CTR / STR / NTR / CBWTR / CCR reports, and maintain communication with the regulator. All REs are required to be onboarded on FINnet 2.0 and operate through it.
Who is a Principal Officer and a Designated Director?
The Principal Officer is a senior officer of the RE responsible for PMLA compliance, identification of suspicious transactions, and filing reports with FIU-IND. The Designated Director is a board-level director who is responsible for overall compliance with PMLA and oversight of the AML framework. Both roles are mandatory under the PMLA Rules.
What types of reports must REs file with FIU-IND?
Key reports include the Cash Transaction Report (CTR), Suspicious Transaction Report (STR), Non-Profit Organisation Transaction Report (NTR), Cross-Border Wire Transfer Report (CBWTR), Counterfeit Currency Report (CCR), and where applicable, reports on prescribed Virtual Digital Asset transactions. Each report has its own criteria, format, and filing timelines under the PMLA Rules.
What are the consequences of non-compliance?
Non-compliance with FIU-IND and PMLA obligations can result in monetary penalties on the Reporting Entity as well as on its Designated Director and Principal Officer, adverse observations in regulator inspections, reputational damage, and in serious cases, enforcement action, restriction of business, or criminal proceedings under PMLA.
How long does FIU-IND onboarding take?
With complete documentation, registration on FINnet 2.0 can be completed in a few weeks. End-to-end onboarding, including appointment of Principal Officer and Designated Director, finalization of AML/CFT policy, transaction monitoring setup, and report filing workflows, typically takes 6 to 10 weeks depending on the RE’s size and IT readiness.
Do crypto and VDA companies need FIU-IND registration?
Yes. Virtual Digital Asset (VDA) service providers — including crypto exchanges and custodians — have been notified as Reporting Entities under PMLA. They are required to register with FIU-IND, appoint a Principal Officer and Designated Director, implement AML/CFT policies, and file prescribed reports just like other regulated financial institutions.

Be PMLA-Ready and FIU-IND Compliant

Partner with our specialists for end-to-end FIU-IND registration, AML policy design, and ongoing compliance — so your Reporting Entity meets every PMLA obligation with confidence.

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