How to pick-up compliance journey
Reserve Bank of India (RBI) has decided to regulate the activities of Payment Aggregators through the recently released Guidelines on Regulations of Payment Aggregators and Payment Gateway on 17th March 2020. These guidelines are released in reference to an earlier discussion paper issued by RBI. These guidelines are issued under the premise of the Payment […]
Reincarnation of Compliance in Financial Institutions
Focus of compliance till date has been about interpreting the rules and regulations prescribed by Central Bank and aligning business around the same. RBI as well as Government have been pro-digital and rules have been changing continously to make the country completely digital. With focus shifting to digital, the compliance frameworks in the bank needs […]