Objective: Against this backdrop, the Program on Risk Management for NBFCs aims to build strategic and operational understanding of risk management practices that are responsive to today’s dynamic financial landscape. The program will equip participants with knowledge of comprehensive framework to identify, assess, and manage key risk types - credit, market, liquidity, operational, interest rate, cyber risk, outsourcing risk and reputational risks - relevant to NBFC operations.

Abstract: "We investigate how local governments’ financial constraints affect competition in public procurement and real outcomes. Using detailed procurement data from Brazilian municipalities and population-based discontinuities in federal transfers, we find that higher transfers increase tender frequency, size, and local governments’ ability to pay suppliers on time. In turn, this encourages smaller suppliers’ entry into the bidding process and increases competition, resulting in lower procurement prices. Supplier competition induces large price reductions for essential goods, public services, and healthcare products, suggesting pass-through effects to local populations."

Objective: The virtual program seeks to enhance the understanding of IT governance framework and regulatory requirements, identify key IT risks and explore appropriate mitigation strategies & examine the design and implementation of effective IT control framework. The program will strengthen knowledge of control and assurance mechanisms for improved oversight and resilience of organization’s data and IT governance framework.

Objective: 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.

Objective: 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.

Objective: It is, therefore, crucial for banks, financial institutions (FIs), and NBFCs to ensure that their Boards possess a strong understanding of applicable regulatory and governance standards. This program aims to enhance board effectiveness through lectures, panel discussions, and interactions focused on both policy and practical aspects of board governance and functioning. It will provide opportunities to engage with regulators and industry leaders on the challenges and potential remedial measures related to governance and assurance issues.

Abstract: The literature on the “New” human capital highlights the critical role of higher order cognitive skills, personal skills -curiosity, being entrepreneurial, aspirational as well socio-emotional skills. While recent literature suggests they can be taught, how to impart these skills in low capacity settings is a challenge. We present results from three large Randomized Control Trial experiments based on different pedagogy interventions in public schools of three states of India (Uttarakhand, Uttar Pradesh and Andhra Pradesh). The interventions target various broad aspects of human capital. In Uttar Pradesh, science experiments are introduced to students in middle school to make them curious; in Uttarakhand, a pedagogy based on Theatre targets building socio-emotional and soft skills of middle school students; in Andhra Pradesh an entrepreneurial mindset development program is delivered in school to make secondary school students think out-of-the-box. The overall results from these interventions are mixed- the successes and failures inform the literature on the technological possibilities of pedagogy and the constraints that such methods face. We also highlight the role of local labour markets and their interaction with accumulation of human capital.

This conference will examine the evolving risk landscape for financial intermediaries including regulatory and technological changes. It would also provide a forum to the heads of risk function to meet and discuss the emerging issues surrounding risk management.

Building Resilience To Compliance Ecosystem at the Conference on Chief Compliance Officers: Expectations and Challenges