SEBI signs MoU with FIU-India to strengthen data sharing for fraud prevention

The Securities and Exchange Board of India (SEBI) on Thursday (April 16) said it has signed a Memorandum of Understanding (MoU) with the Financial Intelligence Unit-India (FIU-India), Ministry of Finance, to enhance mutual cooperation and data sharing for combating fraud in the securities market.The MoU was signed on April 15, 2026, after incorporating the Egmont principles of information exchange, as part of coordinated efforts to ensure effective implementation of the Prevention of Money Laundering Act, 2002, and the rules framed thereunder.

The agreement was signed by Amit Mohan Govil, Director, FIU-India, and Sandip Pradhan, Whole Time Member, SEBI, in the presence of senior officials from both organisations.
Also Read: DoT, SEBI join hands to crack down on telecom-linked frauds with real-time data sharingUnder the MoU, SEBI and FIU-India will share data and information on a regular basis for the purpose of strengthening surveillance and addressing fraud in the securities market. The MoU came into force on April 15, 2026.

Sebi is mandated to protect the interests of investors in securities as well as promote and regulate the securities markets.

It regulates business in stock exchanges and other securities markets, registers and regulates various market intermediaries, including brokers, merchant bankers, registrars, portfolio managers and investment advisers, as well as foreign portfolio investors, credit rating agencies, mutual funds and venture capital funds. Besides, Sebi is mandated to check fraudulent and unfair trade practices, insider trading and other manipulative activities.

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