Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Guidance on Reporting by
Dealers in Precious Metals and
Precious Stones

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Table of Contents
Acronyms ..................................................................................................................................... 3

Acronyms ..................................................................................................................................... 3

Introduction ................................................................................................................................. 4
1. Background ..................................................................................................................... 4
2. Purpose of this guidance ............................................................................................ 4
3. Scope................................................................................................................................. 5
4. General Obligations....................................................................................................... 5
4.1. Mechanism for information sharing between Industry Councils and
Associations and FIU-India ..................................................................................................... 5
4.2. Policies and Procedures to Combat Money Laundering, Counter Terrorist
Financing and Combat Proliferation Financing: (AML/CFT/CPF Program) ................ 5
4.3. Internal policies, procedures, and controls signed off by the Board/ Top
Management of the Dealer ....................................................................................................... 5
4.4. Appointment of a Nodal Officer for the purpose of interaction and information
sharing with FIU-India ............................................................................................................... 5
4.5. Training of Dealers ........................................................................................................ 6
4.6. Client due Diligence (CDD) Norms ............................................................................ 6
4.7. Enhanced Due Diligence (EDD) Norms .................................................................... 6
4.8. Sanctions screening...................................................................................................... 7
5. Reporting Obligations of Dealers .............................................................................. 7
6. Sharing of information with Financial Intelligence Unit-India ............................ 8
7. Risk Based Assessment .............................................................................................. 8
Annexure I ..................................................................................... Error! Bookmark not defined.
Annexure II ................................................................................................................................... 9

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 Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Acronyms

Term Definition

AML Anti-Money Laundering

CFT Countering the Financing of Terrorism

CDD Customer Due Diligence

CPF Combating Proliferation Financing

CKYCR Central Know Your Customer Registry

CRS Common Reporting Standards

DNFBP Designated Non-Financial Business and Profession

EDD Enhanced Due Diligence

FATF Financial Action Task Force

FIU-IND Financial Intelligence Unit – India

KYC Know Your Customer

ML/TF/PF Money Laundering, Terrorism Financing and Proliferation Financing

OFAC Office of Foreign Assets Control (US)

OVD Officially Valid Document

PEPs Politically Exposed Persons

PMLA Prevention of Money Laundering Act 2002

Prevention of Money-laundering (Maintenance of Records) Rules

PMLR
2005

RBA Risk-Based Approach

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Introduction
1. Background
The Department of Revenue vide notification F.No. P-12011/14/2020-ES Cell-DOR dated
December 28, 2020, has notified dealers in precious metals, precious stones (hereinafter
referred to as ‘Dealers’ for the purpose of these guidelines), as persons carrying on
designated businesses or professions – if they engage in any cash transactions with a
customer equal to or above INR ten lakh, carried out in a single operation or in several
operations that appear to be linked.

The present guidance is intended to lay down the steps to be undertaken by dealers to
discourage and prevent the misuse of their business for money laundering, terrorist
financing or proliferation financing activities.

The strategy to combat money laundering, terrorist financing and proliferation financing
is envisaged to be threefold.

i. Education of industry partners regarding their obligations and duties.

ii. Awareness regarding the various ways to collaborate with FIU-India and
how this relationship can be leveraged for combating of money laundering,
terrorist financing and proliferation financing.
iii. Preventive measures in the form of implementation of effective KYC, CDD
and EDD measures, detection of suspect transactions (e.g., monitoring and
information sharing on misuse of the industry by bad actors inimical to
national interests) etc. to aid in removal of the perceived stigma associated
with the industry on account of the activities of a few illicit actors.

2. Purpose of this guidance

The Directorate General of Audit, Regulator on behalf of CBIC has issued AML & CFT
guidelines for dealers in Precious Metal & Precious Stones 2023 on 25.01.2023, which
were updated vide guidelines dated 17.02.2023 & 04.05.2023.

The purpose of this guidance is to

a. Guide dealers to assess their risks and apply a risk-based approach in meeting
their AML/ CFT/ CPF obligations.
b. Establishing a mechanism between Dealers and FIU-India for information sharing
and reporting to prevent misuse of the sector for money laundering, terrorist
financing and proliferation financing.
c. To aid education and awareness of the sector to assist them in understanding their
AML/CFT/CPF obligations to the country and how critical their role is in the nation’s
fight against money laundering, terrorism financing and proliferation financing.

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

3. Scope
The guidance apply to dealers and explain how they should implement the AML/CFT/CPF
obligations effectively.

4. General Obligations
4.1. Mechanism for information sharing between Industry Councils and
Associations and FIU-India

The mechanism for sharing of information regarding the misuse or attempts to misuse the
sector for the purpose of money laundering, terrorist financing and proliferation financing
envisages on-boarding of dealers onto the platform created for the purpose of
disseminating information and guidance by FIU-India to dealers, as well as to enable
dealers to report any suspicious transaction or any other reportable transaction, when
detected, to FIU-India. Operational details of the proposed mechanism are in Annexure
II.

4.2. Policies and Procedures to Combat Money Laundering, Counter Terrorist

Financing and Combat Proliferation Financing: (AML/CFT/CPF Program)

In order to combat the menace of money-laundering, terror financing, proliferation

financing and help in detecting possible attempts of money laundering, financing of
terrorism or proliferation financing, every dealer must have a robust AML/CFT/CPF
program in place, which must include the points below.

4.3. Internal policies, procedures, and controls signed off by the Board/ Top
Management of the Dealer

Every Dealer shall establish appropriate policies and procedures for the prevention of ML,
TF, and PF, and ensure their effective implementation. In this regard,

4.3.1 The Industry Councils and Associations should educate their members regarding
the risks posed by ML/TF/PF activities and ensure that the spirit of this guidance
and internal policies and procedures are understood by all members
4.3.2 The dealers should undertake Client Due Diligence (CDD) to the extent that it is
sensitive to the risk of ML, TF and PF depending on the type of client, business
relationship or transaction;

4.4. Appointment of a Nodal Officer for the purpose of interaction and

information sharing with FIU-India

4.4.1 Appointment:

Every dealer having gross annual turnover more than Rs. 500 Crore in previous
financial year (e.g. FY 2022-23) must appoint a ‘Nodal Officer’ for the purpose of
interaction and information sharing with FIU-India. For the dealers having gross annual
turnover less than Rs. 500 Crore in previous financial year (e.g. FY 2022-23), ‘Nodal
Officer’ will be appointed by Industry Council and Association and would serve as a link

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

between the dealers, Industry Council and Association and FIU-India for co-ordination
and dissemination of information. The Nodal Officer would be on boarded onto the
platform referred to in 4.1 above. The contact details of the Nodal Officer should be
communicated to FIU-IND within 7 (seven) days of appointment/ changes.

4.4.2 Role of Nodal Officer

The Nodal Officer would serve as a link between the dealers, Industry Councils and
Associations, on one hand, and FIU-India, on the other hand for co-ordination and
dissemination of information. The Nodal Officer would have access to FINGate mobile
application as defined in Annexure II under ‘Access to FINGate mobile application’.
4.5. Training of Dealers

Appropriate training shall be provided to dealers by FIU-India in partnership with Industry

Councils and Associations regarding the following -

• Adequate screening procedures when hiring employees.

• Information guides on the safeguards during merchant/ supplier on boarding,
KYC, CDD, Sanctions screening, customer identification and detection and
reporting of suspicious transactions
• Customisation of training requirements to specific business types including but
not limited to bullion dealers, diamond bourses, wholesalers, retailers, multi-chain
and multi-brand stores, local jewellers etc.

4.6. Client due Diligence (CDD) Norms

Industry Councils and Associations are encouraged to educate and spread

awareness among their members regarding the importance of client due-diligence.
4.6.1 Members may be advised regarding the obligation to identify their customers and
their beneficial owners, which is essential for the prevention of misuse of their
services for ML/TF/PF purposes.
4.6.2 Due to their vast experience in dealing with customers, dealers may be
encouraged to frame internal procedures to identify their clients/ beneficial owner
and obtain information regarding nature of business with the aim of preventing
misuse of the sector for ML/TF/PF purposes.

4.7. Enhanced Due Diligence (EDD) Norms

Dealers should examine, as far as reasonably possible, the background and purpose of
all complex, unusually large transactions, and all unusual patterns of transactions,
which have no apparent economic or lawful purpose. This is particularly applicable
to B2B dealers, bullion traders, diamond bourses etc. where the risks of money
laundering, terrorist financing or proliferation financing are higher. Such dealers should
be required to conduct enhanced due diligence, consistent with the risks identified. In
particular, they should increase the degree and nature of monitoring of the business

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

relationship, in order to determine whether those transactions or activities appear unusual

or suspicious.

4.7.1 Dealers may apply EDD measures to business relationships and transactions
with natural and legal persons from higher risk jurisdictions specifically with
countries designated as tax-havens and those on the FATF grey and black lists.
4.7.2 Dealers must implement EDD procedures when entering into business
relationships with Politically Exposed Persons (“PEPs”).

4.8. Sanctions screening

Industry Councils and Associations are advised to actively raise awareness among all
their members especially B2B dealers, bullion traders, diamond bourses etc. regarding
sanctions screening to be carried out against customers (current and prospective) as well
as suppliers etc., both at the time of on boarding as well as when transactions are initiated.
Dealers must ensure prompt application of the directives when issued by the competent
authorities for implementing United Nations Security Council Resolutions relating to the
suppression and combating of terrorism, terrorist financing and proliferation of weapons
of mass destruction and its financing, and other related directives, as well as compliance
with all other applicable laws, regulatory requirements and guidelines in relation to
economic sanctions.
Dealers must also ensure prompt application of the directives when issued by the
competent authorities relating to the individuals designated as ‘terrorist’ under Section
35(1)(a) of the UAPA, 1967 and directives when issued by the competent authorities
under WMD Act, 2005.

5. Reporting Obligations of Dealers

The Financial Intelligence Unit-India (FIU-IND) has been set up by the Government of
India to coordinate and strengthen collection and sharing of financial intelligence through
effective national, regional, and global network in respect of money laundering, terrorist
financing and proliferation financing.

Industry Councils and Associations are advised to encourage their members, where they
have reasonable grounds to suspect that funds are the proceeds of crime or are related
to ML, TF and PF, to report their suspicions promptly to FIU-India. Special attention
should be paid to all complex, unusually large transactions and all unusual patterns which
have no apparent economic or visible lawful purpose. It is to be noted that as per
Department of Revenue Notification (F.No. P-12011/14/2020-ES Cell-DOR) dated
December 28, 2020, dealers in precious metals, precious stones, have been notified, as
persons carrying on designated businesses or professions – if they engage in any cash
transactions with a customer equal to or above INR ten lakh, carried out in a single
operation or in several operations that appear to be linked, and as such, needs to register
themself with the Director, FIU-IND, at the first instance of such transactions.

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

In view of the same, the background of such transactions, including all documents/ office
records/ memorandums pertaining to such transactions, as far as possible, should be
examined by the ‘Principal Officer’ and shared with FIU-India within 7 days of forming
such a suspicion in order to prevent unnecessary delay in preventing such criminal
activity. The process of enrolment as ‘Reporting Entity’ and appointment of ‘Principal
Officer’ is provided in Annexure II under ‘Access to FINGate Portal’.

6. Sharing of information with Financial Intelligence Unit-India

a. Information regarding reportable cash transactions, counterfeit currency notes,
NPO transactions and suspicious transactions may be shared with the Director,
Financial Intelligence Unit-India (FIU-IND). An indicative list of red flag
indicators to enable detection and reporting of suspicious transactions by
Dealers is enclosed with this Guidance as Annexure I.
b. Format for reporting Transactions: The format for reporting transactions,
including suspicious transactions made or attempted, as required under Rule
7(2) of PMLR, would be as prescribed by FIU-IND.

7. Risk Based Assessment

Precious stones, jewellery and gold are an intrinsic part of the socio-cultural fabric of
India. Further, since the number of dealers undertaking related activities is extremely
large and ranges from small family-owned business to multi-brand, multi-chain and B2B
business, there is no one-size-fits-all approach that would suffice.

In order to leverage their expertise in the sector, Industry Associations and Councils are
advised to undertake a risk-based approach, to help their members to understand their
risk exposure and ways to mitigate their money laundering and terrorist financing risk
based on three main categories Country/geographic risk, customer/counter-party risk,
and product/service risk.

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Annexure II
Information Sharing Mechanism: Dealers and FIU-India
In order to enable effective sharing of information regarding the misuse or attempts to
misuse the sector for purposes of laundering proceeds of crime, terrorist financing and
proliferation financing with FIU-IND, the following mechanism has been designed.
The proposed mechanism is divided under three main heads.

i. Enrolment at FINGate 2.0 Portal

ii. Access to FINGate mobile application
iii. Submission of STRs and other reports at FINGate Portal

Enrolment with FIU-India

1. Dealers/Associations can initiate enrolment by providing basics details on FINgate
2.0 portal (https://www.fingate.gov.in). The Dealers/Associations’ representatives
have to provide details of the entity and primary user such as PAN, GSTIN,
passport etc in the FINGate portal along with the other details (if available) and
upload a self-declaration form in the prescribed format on the portal. A unique
FIUREID (FIU registration ID) will be issued to the registered entity for identification
purposes. The user manual and resources related to registration and filing of
various reports are available at FIU INDIA website
(https://fiuindia.gov.in/files/misc/finnet2.html). The enrolment process video can be
found at https://fiuindia.gov.in/videos/RE_Registration_Process.mp4. In case of
any issues during enrolment or accessing and using the application, the user can
reach out to the helpdesk team of FIU IND as per following details:

2. Requirement for enrolment with FIU-India

For Individual Dealer: Dealer has to provide
i. Letter from dealer for nomination of Primary User
ii. Self-certified copy of Registration details of entity
iii. Self-certified copy of KYC details of Primary User
iv. Self-certified ‘FIU described Self-declaration form’ available on the portal.
For Association/ Council: Representative of the Association/ council has to
provide
i. Letter from Association/ council for nomination of Primary User
ii. Self-certified copy of Registration details of Association/ council
iii. Self-certified copy of KYC details of Primary User nominated
iv. Self-certified ‘FIU described Self-declaration form’ available on the portal.

3. In case of any issues during enrolment or accessing and using the application,
please reach out to helpdesk team of FIU IND as per following details:
Email ID- [email protected]
Contact number: 1800-889-0238 (Timing 9.30 am to 6.00 pm on all days except
holidays)

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Access to FINGate mobile application

1 All entities who complete the registration on FINGATE 2.0 portal would be able to
download the mobile application after they login on the portal. Also the link to
download the app would be sent to the respective email ids once the registration is
completed. All communications related to notifications, alerts, guidelines, MIS reports
and secure messaging would be available on the mobile app for the users.

2 This mobile-app would be utilized for various activities such as outreach programs,
notifications, sharing of guidelines etc.

Submission of reports to FINGate Portal

It is to be noted that reporting of all prescribed reports viz. suspicious transactions reports,
Cash Transaction reports and other reports can be done only through the FINGate Portal
as per the prescribed format only. They can submit the report by giving basic entity details
and on submission of the report, the ‘Primary User’ role will get changed to ‘Principal
Officer’. This FIUREID will subsequently be used for all future reporting to FIU-India.

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Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

Date: 20th July 2023

Clarification on Guidance on reporting by Dealers in Precious Metals and

Precious Stones dated 03/07/2023

In continuation of Guidance on reporting by Dealers in Precious Metals and Precious

Stones issued by FIU-India on 03.07.2013, following clarification is being issued:

1. What is the process of enrolment of Dealers/ Association of Precious Metals

and Precious Stones?

FIU-India has a defined process for onboarding/ enrolment of dealers/ Association of

Precious Metals and Precious Stones. The purpose of this enrolment is to establish a
link between FIU-India and dealers/ Association of Precious Metals and Precious Stones
through which the information regarding the AML/CFT guidelines and related matters
may be provided to the Nodal officer/ Primary User for compliance.

The enrolment of Primary User/ Nodal Officer of the Dealers/Association of Precious

Metal and precious stone with FIU-IND is mandatory for receiving link for FINGate mobile
application and getting access to all messages, notifications, alerts, etc. pushed by FIU-
India on mobile application.

The user manual for FINGate 2.0 Registration of Association/Dealer in Precious

Metals and Stones is placed at ‘Annexure-A’.

2. What is the role of Nodal Officer / Primary User?

The role of Nodal officer/ Primary User has been defined in Para 4.4.2 of FIU-India
guidance dated 03.07.2023. The Nodal Officer would have access to FINGate mobile
application and can access all messages, notifications, alerts, etc. pushed by FIU-India
on mobile application. The role of Nodal officers is educate and sharing of information to
the dealers/ members of association on AML risks & the guidance.

3. What is the process of enrolment of Nodal Officer/ Primary User with FIU-
India?

The process of enrolment of Nodal Officer/ Primary User for Dealers/ Associations is
defined in the Annexure- II of FIU-India guidance dated 03.07.2023. However, the
elaborated process for enrolment of Nodal Officer (Primary User) has been placed at
‘Annexure-A’ of this clarification.

4. Can ‘Nodal Officer/Primary User’ submit the report to FIU-India?

No, Nodal officer/ Primary User cannot submit any report at FIU-India portal. Nodal
officer will only have access to FINGate mobile application wherein he/ she can only view
Confidential: Guidance on Reporting by Dealers in Precious Metals and Precious Stones

the messages, notifications, alerts, etc. pushed by FIU-India on mobile application.

For submission of any report to FIU-India, individual dealer requires to be registered

as ‘Reporting Entity’ with FIU-India and appoint ‘Principal Officer and Designated
Director’ as defined in above-mentioned DG- Audit guidelines dated 17.02.2023 under
para 3.5 para 5.1 respectively.

The Dealer can be register themselves as RE with FIU-IND following the user manual
available at FIU-IND portal at https://fiuindia.gov.in/files/misc/finnet2.html.
 Annexure-A

Document User Manual – FINGate 2.0

Modules Enrolment of Association/ Dealer in
Precious Metals and Stones
Version 1.0
Year 2023

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Version Control Chart

Version Date Remarks

1.0 19-July-2023 Initial Version

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Table of Contents

1 Introduction ................................................................................................................................................ 4
1.1 Purpose ............................................................................................................................................... 4
1.2 Scope................................................................................................................................................... 4
2 Sign-up Process........................................................................................................................................... 4
3 First time password generation and Soft Token Enrolment .................................................................... 6
4 Enrolment of Associations/ Dealers in Precious Metals and Stones ..................................................... 12

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1 Introduction

1.1 Purpose

Project FINnet 2.0 envisions to streamline and redefine the process of collection, processing, and
dissemination of data for the purpose of effectively generating meaningful intelligence to curb
money laundering activities and enforce the provision of PMLA in India. This is a project of national
importance and aims to strengthen the financial security architecture of India. The mission
statement of FINnet 2.0 states – To provide quality financial intelligence for safeguarding the
financial system from the abuses of money laundering, terrorism financing, and other economic
offenses.

FINnet 2.0 is implemented as a set of three (3) systems to ensure that the data ingested and
processed by the three is isolated and immune to security threats as much as possible and all data
is secure. The systems are listed below –

1. FINGate – Collection and pre-processing system

2. FINCore – Processing and analysis system

3. FINex – Dissemination system

The proposed FINGate system shall consist of multiple reporting mechanisms to ensure compliance
and facilitate quick and easy reporting for reporting entities.

1.2 Scope

The scope of this document is to provide guidance on Entity Enrolment of Association/Dealer in

precious metals and stones modules. The functionalities covered in this user manual are:

1. First Time Password Generation and Soft Token Registration

2. Login to FINGate Portal
3. Sign-up process of Entities (Association/Dealer in precious metals and stones)
4. Enrolment process of Entities (Association/Dealer in precious metals and stones)

The target audience for this user manual is:

1. Primary Users of Association/Dealer in precious metals and stones.

2 Sign-up Process

New entity can initiate the enrolment process by accessing a ‘Sign Up for Enrolment’ link in the Welcome
page. To access the FINGate portal, navigate to https://www.fingate.gov.in/.

1. The User will click on the ‘Sign Up for Enrolment’ link present on the welcome page of FINGate 2.0
portal.
2. Upon clicking the link, the user will be directed to the Self Enrolment page.
3. The User will enter Name in entity name field and in Entity type user need to select either ‘Body
of Associations’ or ‘Dealers in Precious metal and stones’.

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4. The user will enter all other mandatory details such as primary user details and address details.
5. The User will click on the send OTP button.
6. The User will enter the OTP and click on submit button.
7. The system will send an email notification to the email id provided in the page. This notification
will contain a link to generate the first time password. Please refer to section 3 of this document
for details on generating the first time password.
8. After generating the first time password, the system will redirect the user to the login page. Please
refer to section 4 of this document for details on login to the portal.

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3 First time password generation and Soft Token Registration

1. The basic details of users are captured during sign-up process and user will receive an email
with the link and temporary password to register.

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2. Users need to login with the User ID (Email-Id) and Temporary Password as mentioned in the
mail.

3. Upon clicking the link, the user will be asked to mandatorily setup two security questions. In
case user forgets the password, the password can be reset by answering the security
questions. Two questions need to be chosen from the available list and their answers need to
be typed by the user.

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4. The User will get success message on clicking on the “Save Answers” button. Then User need
to click on continue button.

5. The user is then required to enter the temporary password as received in the email. On clicking
on the “Continue” button the user will be redirected to the Change password screen.

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6. The user will enter New Password and confirm the new password in the Confirm Password
textbox.

The password created must comply with FIU-IND password policy as provided below:
a. Password is case sensitive.
b. Must be at least 8 characters long.
c. Must include at least 1 letter.
d. Must include at least 1 number.
e. Must have at least 1 symbol (non-letter or number) character.
f. Must have at least 1 lowercase letter.
g. Must have at least 1 uppercase letter.
h. Must not include part of your name or username.
i. Must have at least 2 types of the following characters:
i. Uppercase (A-Z)
ii. Lowercase (a-z)
iii. Number (0-9)
iv. Symbol (!, #, $, etc.)
v. Other language characters not listed above

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7. The user will be redirected to the success message screen and on clicking the “continue”
button the user will be then redirected to the FINGATE portal, and they need to click on the
login link to Login.

8. The user needs to enter the email address as the User ID and the newly created password to
login.

9. After login the user will be redirected to the device registration screen and user needs to
register their smart device. At a given time, only 1 smart device can be registered for the user.
User needs to download the Google or any other Authenticator application from Google Play
Store or Apple App Store. The user can either scan the QR code or enter the generated key on

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the screen. Then the user needs to enter the generated code from the Authenticator
application to proceed ahead.

10. The user needs to choose either Email or SMS to receive the OTP.

11. The user needs to enter the OTP to proceed ahead. If OTP is not received, then user can click
on “Resend new OTP” button to generate the new OTP.

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4 Enrolment of Associations/ Dealers in Precious Metals and Stones

Enrolment of Associations/ Dealers in Precious Metals and Stones:

1. The Primary user of the entity will receive an email containing detailed instructions, a link to enrol
on the FINGate 2.0 portal and the contact number of Unified Communication Centre (UCC).
2. Upon clicking the link, the user will be directed to the password generation page.
3. The user shall generate first time password as detailed in Section 3 of this document.
4. Post password generation, the user will login to FINGate portal.
5. The user shall identify its organization as Others before proceeding for the Enrolment process.

6. The ‘Others’ form will open.

7. The Primary User shall validate the Entity details and modify the same, if applicable.
8. The Primary user will upload the following documents in ‘Documents for Registration’ field.
a. Letter from dealer for nomination of Primary User.
b. Self-certified copy of Registration details of entity
c. Self-certified copy of KYC details of Primary User
Note: The above documents should be consolidated in single pdf file.

9. The primary user will further upload the self-declaration which should be Self-certified. Self-
declaration templates will be provided by the FIU and the templates will be available for
download.
10. After filling all details, the user will click on ‘Next’ button.

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11. On clicking ‘Next’ button user will need to enter the registered details.
12. If the country of the address is ‘India’ then the pin code, state, district and city will be validated
with metadata in the portal.
13. If the country of the address is not ‘India’ then primary user will fill the values corresponding to
the applicable country in pin code, state and district fields. For example, instead of pin code, zip
code may be entered.
14. The user will click on ‘Preview’ to view the enrolment form before submission.

15. The user will click on ‘submit’ to submit the enrolment form.

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 User Manual - FINGate 2.0 – Enrolment of Association / Dealer in PMS Version 1.0

16. After submission, the enrolment form will be sent to FIU-IND for documents validation and
approval.
17. Once the FIU-IND will approve the request, User will get a mail and message with entity id.
18. The user can download the mobile app from ‘Learning and Resource’ tab.

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