The Compliance Unit was established by an amendment to the Money Laundering and Financing of Terrorism (Prevention and Control) Act, 2011-23 by the Money Laundering and Financing of Terrorism (Prevention and Control) (Amendment)(No.2) Act, 2019-58. The Compliance Unit is the supervisory body for the Designated Non-Financial Businesses and Professionals (DNFBPs) i.e. accountants, attorneys-at-law, real estate agents and dealers in precious metals and stones.