Live Breaking News & Updates on Operational Resilience
Stay updated with breaking news from Operational resilience. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ....
RBI updates operational risk management guidance, extends it to NBFCs devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
RBI releases updated "Guidance Note on Operational Risk Management and Operational Resilience'' for lenders thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
In our previous alert AI and Machine Learning in UK financial services, we discussed the response in FS 2/23 of the Prudential Regulation Authority (PRA) and Financial Conduct Authority. ....