About Enforcement Directorate
The Directorate of Enforcement was established in the year 1956. It is responsible for enforcing the Foreign Exchange Management Act, 1999 (FEMA) and certain provisions under the Prevention of Money Laundering Act 2002. Work relating to the investigation and prosecution of cases under the PML has been entrusted to Enforcement Directorate.
Headquarters: New Delhi
(PMLA 2002: The objective of the act is to prevent money laundering and to provide for confiscation of property derived from money laundering)
· The Directorate is under the administrative control of Ministry of Finance. Before FEMA became effective (1 June 2000), the Directorate enforced regulations under the Foreign Exchange Regulation Act, 1973.
History of ED
The origin of this Directorate goes back to 1 May 1956, when an ‘Enforcement Unit’ was formed, in Department of Economic Affairs, for handling Exchange Control Laws violations under Foreign Exchange Regulation Act, 1947. In the year 1957, this Unit was renamed ‘Enforcement Directorate’.
Zonal Structure
The Directorate has 10 Zonal offices each of which is headed by a Deputy Director and 11 sub Zonal Offices each of which is headed by an Assistant Directors
Zonal offices Mumbai, Delhi, Chennai, Kolkata, Chandigarh, Lucknow, Cochin, Ahmedabad, Bangalore & Hyderabad
Sub Zonal offices Jaipur, Jalandhar, Srinagar, Varanasi, Guwahati, Calicut, Indore, Nagpur, Patna, Bhubaneshwar & Madurai.
