The role of compliance function in banks is becoming more complex and demanding. The regulatory and supervisory expectations are rising and the business units within the bank are focusing on cost reduction and value addition. On the one hand, FinTech is disrupting businesses and on the other, RegTech is enabling banks to ensure better compliance. Globally, Supervisory Agencies are using SupTech and Big Data for data collection and data analytics to support supervision. The Program will focus on recent national and international developments and will provide a platform for exchange of views in the compliance area and the use of technology for compliance as well as supervisory purposes.
Some of the key topics to be covered in the Program are the following: • Governance, Risk and Compliance Frameworks • Compliance Function in the age of FinTech and RegTech• RBI’s Expectations regarding Effective Compliance in Banks • Customer Protection Guidelines - managing customer complaints • Enforcement Actions by RBI for Non-compliance• Compliance and Risk Culture – Industry perspectives"
The Conference is especially designed for the Chief Compliance Officers and other senior functionaries in Compliance and Internal Audit.