EHS professionals are always trying to improve their workplace safety management programs, and implementing a safety management software system represents a major milestone along that journey.
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Reserve Bank Of India: The Reserve Bank on Tuesday updated its "guidance note" on operational risk management for the financial sector, and also extended it to the NBFCs, including housing finance companies.
The Reserve Bank of India (RBI) updated its "guidance note" on operational risk management for the financial sector, extending it to include NBFCs and housing finance companies. The note highlights that operational disruptions can threaten the viability of regulated entities, impacting customers and financial stability. It covers various causes of disruptions, including man-made, IT threats, frauds, and natural causes. The updated note aligns with Basel Committee on Banking Supervision (BCBS) Principles and aims to enhance operational resilience and risk management in the financial system