The Reserve Bank of India has directed banks, NBFCs, and other entities to utilize all relevant information sources for risk assessments. This measure aims to mitigate money laundering, terrorist financing, and proliferation financing risks. It highlights the importance of an enterprise-level risk assessment and advises against a siloed approach to ensure effective risk management.
from Banking/Finance-Industry-Economic Times https://ift.tt/oh51ekv
via IFTTT
No comments:
Post a Comment