Program Objective

Vigilance is one of the key governance functions in an organization. Preventive vigilance is aimed at reducing the occurrence of a lapse (violation of a law, a norm, or, broadly speaking, a governance requirement). Detective vigilance is aimed at identifying and verifying the occurrence of a lapse. Punitive vigilance is aimed at deterring the occurrence of a lapse. The RBI has mandated the appointment of ‘Chief of Internal Vigilance’ for Private Sector Banks and Foreign Banks.  The Program will provide a platform for discussion on how effective frameworks for vigilance can be implemented to ensure better governance.

Program Highlights

Some of the key topics that will be covered in the program are the following:

• Address by the Central Vigilance Commissioner (tbc)
• Promoting Ethics and Integrity for effective governance in a bank
• RBI’s Perspectives on Frauds and Vigilance
• Implementing KYC and AML Frameworks for Prevention of Financial Crimes
• Interface with a top official of Investigative Agency (tbc)
• Frauds and Vigilance: A Perspective from a Private Sector Bank
• Round Table on implementation of effective vigilance frameworks