Background

Financial intermediaries operate in a highly regulated environment, where significant compliance risks, when they materialise, can lead to major opportunity losses due to reputational fallout and regulatory restrictions. Increasing operational complexity and the use of new-age tools have made compliance risk management critical for Regulated Entities (REs). As regulatory expectations continue to evolve, the compliance and assurance functions have become increasingly important in ensuring that Regulated Entities operate ethically, responsibly, and within the boundaries of applicable laws and regulations. Across all REs, a tone from the top is essential, and the Board/Top Management must foster a strong culture of compliance while balancing business growth with regulatory requirements.

Objective

This two-day program will provide essential inputs on the emerging challenges in Compliance and Assurance functions. It will also provide deep insight and knowledge needed to manage compliance responsibilities in today ' s increasingly regulated environment for banks, NBFCs and FIs.

Program Highlights

The program will deal with the following topics:

• GRC Assessment Framework: Emerging Challenges
• Risk Based Supervision: Compliance Assessment
• Cyber Incident Reporting & Crime Prevention
• Cyber Security Risk & Compliance
• Compliance, Accountability and Enforcement
• KYC-AML Compliance
• Implementation of DPDP Act and the Compliance Challenges
• Third Party Risk Management & Compliance Issues
• Role of Internal Audit in Compliance/Assurance function
• Consumer Protection, Handling Customer Complaints & Grievances