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RBI gives banks three more months to appoint Chief Compliance Officer


RBI gives banks three more months to appoint Chief Compliance Officer
February 02, 2021
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The Reserve Bank of India (RBI) has given banks three more months to appoint Chief Compliance Officer (CCO) as per the guidelines it issued in September 2020.
This breather has been given due to the difficulties being faced by many banks on the issue of appointment of new CCO meeting all requirements of the September 2020 guidelines/ circular on ‘Compliance Functions in Banks and Role of Chief Compliance Officer (CCO)’.
“In view of the difficulties expressed by banks, they may follow the indicated processes for selection of CCO in the above circular within a period of nine months from the date of the circular – September 11, 2020 – and are free to reappoint the current incumbent as the CCO if she/he meets the requirements,” the RBI said in the frequently asked questions (FAQs) on the circular. ....

Our Bureau , Reserve Bank , Chief Compliance Officer , Compliance Functions , Risk Management , அவர் பணியகம் , இருப்பு வங்கி , தலைமை இணக்கம் அதிகாரி , இணக்கம் செயல்பாடுகள் , ஆபத்து மேலாண்மை ,