At VSPV & Co., we offer specialized PMLA and FEMA Compliance Audit Services designed to help organizations meet stringent regulatory obligations under the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA).

With increasing regulatory scrutiny from the Enforcement Directorate (ED), Reserve Bank of India (RBI), and other authorities, businesses are required to maintain transparent systems and robust compliance frameworks to avoid penalties and reputational risks.
Our expert team of Chartered Accountants, legal professionals, and compliance auditors conducts detailed reviews to identify gaps, strengthen internal controls, and ensure full regulatory alignment.

Our Services Include

1. PMLA Compliance Review

   • Assessment of internal systems and policies for adherence to anti-money laundering (AML) provisions.

   • Review of client due diligence (KYC) processes, transaction monitoring, and reporting mechanisms.

   • Verification of Suspicious Transaction Reports (STRs) and Cash Transaction Reports (CTRs) filing procedures.

   • Evaluation of risk categorization and record retention systems as per FIU-IND guidelines.

2. FEMA Compliance Audit

   • Examination of cross-border transactions, foreign investments, and outward remittances for FEMA compliance.

   • Verification of documentation under FDI, ODI, ECB, and LRS frameworks.

   • Review of capital account transactions, current account dealings, and reporting to RBI.

   • Identification of non-compliances and guidance for corrective action.

3. Policy Development & Implementation

   • Assistance in drafting and implementing PMLA and FEMA compliance manuals.

   • Advisory on internal control mechanisms for risk management and reporting.

   • Employee awareness and compliance training sessions for better governance.

4. Regulatory Representation & Liaison

   • Support during inquiries, inspections, or audits conducted by ED, FIU-IND, or RBI.

   • Preparation of compliance reports, rectification plans, and self-declaration submissions.

   • Liaison with regulatory authorities for clarifications, approvals, or compounding proceedings.

5. Periodic Monitoring & Reporting

   • Continuous monitoring of transactions and compliance updates.

   • Assistance in preparing and filing regulatory reports and disclosures.

   • Ongoing advisory on amendments to PMLA, FEMA, and RBI guidelines.

Why Choose VSPV & Co.?

• Regulatory Expertise: In-depth knowledge of PMLA, FEMA, RBI, and FIU-IND frameworks.

• End-to-End Compliance Management: From policy design to audit execution and post-audit follow-up.

• Cross-Border Experience: Skilled in handling complex international financial transactions and documentation.

• Risk-Based Approach: Focused on identifying, mitigating, and preventing compliance breaches.

• Confidential & Ethical Practice: Ensuring accuracy, transparency, and data confidentiality in every audit.

Our Commitment

At VSPV & Co., we are committed to helping organizations maintain financial integrity and regulatory compliance through structured, transparent, and effective audit processes.
Our approach emphasizes proactive compliance — identifying potential risks before they evolve into regulatory challenges.

We aim to empower businesses with actionable insights, robust control mechanisms, and ongoing support, ensuring seamless adherence to both PMLA and FEMA regulations.
Through our expertise, diligence, and integrity, we help clients operate confidently within the legal and regulatory ecosystem.