Financial Intelligence Unit News - Latest Updates & Headlines
FIU slaps Rs 9.27 crore penalty on crypto platform Bybit over PMLA violations
New Delhi, Feb 1: The government has slapped a penalty of Rs 9.27 crore on Bybit Fintech Limited (Bybit), a virtual digital asset service provider (VDA SP) over Prevention of Money Laundering Act, 2002 (PMLA) violations.
Financial Intelligence Unit and National Housing Bank sign MoU for enhanced coordination
New Delhi, January 18: The Financial Intelligence Unit (FIU-IND) and the National Housing Bank (NHB) on Saturday signed a Memorandum of Understanding (MoU) as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering Act and Rules framed thereunder in New Delhi.
FIU-IND and IRDAI sign MoU for enhanced coordination and information exchange
New Delhi, January 6: The Financial Intelligence Unit-India (FIU-IND) and the Insurance Regulatory and Development Authority of India (IRDAI) on Monday signed a Memorandum of Understanding (MoU), the Ministry of Finance stated in a press release.