"The main function of Financial Intelligent Unit-India (FIU-IND) is to receive suspicious transaction reports, analyse them and, as appropriate, disseminate valuable information to enforcement department" - do you agree.

The main function of Financial Intelligent Unit - India (FIU-IND) is to receive cash/suspicious transaction reports, analyze them and, as appropriate, disseminate valuable financial information to intelligence/enforcement agencies and regulatory authorities. Yes, I agree with this statement and FIU-IND is playing following roles/functions with regards to enforcement department: Collection of Information: Act as the central reception point for receiving Cash Transaction Reports (CTRs) and Suspicious Transaction Reports (STRs) from various reporting entities. Analysis of Information: Analyze received information in order to uncover patterns of transactions suggesting suspicion of money laundering and related crimes. Sharing of Information: Share information with national intelligence/law enforcement agencies, national regulatory authorities and foreign Financial Intelligence Units. Act as Central Repository: Establish and maintain national database on cash transactions and suspicious transactions on the basis of reports received from reporting entities. Coordination: Coordinate and strengthen collection and sharing of financial intelligence through an effective national, regional and global network to combat money laundering and related crimes. Research and Analysis: Monitor and identify strategic key areas on money laundering trends, typologies and developments.