Compliance functions in financial intermediaries, need to transform from functions focused on conservatism, preservation and remediation to ones, that in addition to maintaining regulatory compliance, operate in a more strategic and predictive capacity. Compliance will be most effective in a corporate culture that emphasizes standards of honesty and integrity. and which flows from the top, from the board of directors and senior management. The increasing complexities in operations, use of new age banking tools, collaboration with FinTech’s and many activities being outsourced, compliance risk management has emerged as a distinct risk management discipline. Any non-compliance to the legal, regulatory or applicable laws may result in regulatory interventions and adversely impact the regulated entities. Therefore, it is imperative, for all the regulated entities to put in place a robust compliance framework aligned with the extant regulations and develop a culture of compliance in their organizations.
This two-day program would provide an opportunity to the participants for an enhanced understanding of the emerging compliance landscape and challenges. It will also help them to understand the regulatory perspective, expectations and concerns.
The conference will deal with the following topics:
Top and Senior Officials dealing with Risk and Compliance, C-Suite officers from Banks, Financial Institutions and NBFCs