Hello, here I am providing you the details of the IRDA anti money laundering services as under:

Money laundering:
Money Laundering is moving illegally acquired cash through financial systems so that it appears to be legally acquired.

AML/CFT Program
Internal policies, procedures, and controls;
Appointment of a Principal compliance officer;
Recruitment and training of employees/agents;
Internal Control/Audit

Money laundering services:
Placement - the physical disposal of cash proceeds derived from illegal activity;

Layering - separating illicit proceeds from their source by creating complex layers of financial transactions designed to disguise the source of money, subvert the audit trail and provide anonymity; and

Integration - creating the impression of apparent legitimacy to criminally derived wealth.

Contact details:
Insurance Regulatory and Development Authority
Parishram Bhavan, 3rd Floor,
Basheerbagh,
Hyderabad – 500 004
Phone No: +91-40-23381300
Fax No: +91-40-66823334