Full Form of FIU

What is FIU?

The Financial Intelligence Unit (FIU) is a specialized government agency responsible for receiving, analyzing, and disseminating financial intelligence related to suspicious transactions. In India, the FIU-IND operates under the Ministry of Finance and serves as the central national agency for coordinating efforts against money laundering, terrorist financing, and other financial crimes. Established in 2004 under the Prevention of Money Laundering Act (PMLA), 2002, the FIU acts as a vital link between financial institutions, law enforcement agencies, and international bodies like the Egmont Group. Banks, stockbrokers, casinos, and other reporting entities must file Suspicious Transaction Reports (STRs) and Cash Transaction Reports (CTRs) with the FIU. The agency analyzes this data to generate actionable intelligence, which is then shared with enforcement agencies such as the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI). FIU-IND also plays a key role in implementing India’s commitments under the Financial Action Task Force (FATF) recommendations. For students preparing for UPSC, banking, or finance exams, understanding the role and functions of the FIU is essential, as questions frequently appear on anti-money laundering frameworks and India's regulatory architecture. The FIU ensures that India's financial system remains transparent and resilient against illicit flows, thereby supporting national security and economic integrity.

FIU का फुल फॉर्म

Example

The bank reported a series of high-value cash deposits to the FIU as part of its mandatory compliance under the PMLA.

FIU — frequently asked questions

Related full forms