<h1>FIU-IND and NHB Sign MoU to Boost Coordination, Information Exchange for Anti-Money Laundering Efforts in Housing Finance Sector.</h1> The Financial Intelligence Unit (FIU-IND) and the National Housing Bank (NHB) have signed a Memorandum of Understanding (MoU) to enhance coordination and information exchange in implementing the Prevention of Money Laundering Act in New Delhi. The MoU outlines cooperation in appointing nodal officers, sharing intelligence, and establishing procedures for reporting entities. It also includes conducting outreach and training, upgrading AML/CFT skills, assessing risks in Housing Finance Companies, identifying suspicious transaction indicators, and ensuring compliance with relevant standards. Quarterly meetings will be held to discuss AML/CFT trends and compliance issues.