This training programme is aligned to the Karmayogi competency on Governance, Risk, and Compliance

PROGRAMME OVERVIEW

BFSI (Banking, Financial Services, and Insurance) sector is facing increasing pressure to implement robust governance, risk and compliance framework. The Reserve Bank of India (RBI)’s recently issued directive urges supervised entities to adopt comprehensive, integrated, enterprise-wide approach with aims to enhance risk management, to streamline compliance processes, and ensure the
sector’s long- term sustainability and growth.

This programme provides a comprehensive exploration of the evolving regulatory framework and guidelines for the BFSI sector.

PROGRAMME OBJECTIVES
• To gain a deep understanding of critical RBI guidelines and compliance mandates.
• Learn the latest strategies for risk management aligned with Basel norms.
• Understand how to strengthen governance structures within their institutions.
• Develop practical insights to prevent fraud and enhance Anti-Money Laundering (AML)compliance.
• Improve the ability to respond to regulatory audits and reporting obligations.

PROGRAMME CONTENT
Day-1: Governance
• RBI Master Direction on Governance in Commercial Banks (2021):
o Roles and responsibilities of the Board of Directors.
o Composition of the Board and Board-level Committees.
o Fit and proper criteria for Directors and senior management.
o Oversight and monitoring responsibilities.
• Risk-Based Internal Audit (RBIA):
o RBI guidelines on implementing RBIA frameworks in banks.
o Internal audit planning, scope, and reporting.
• RBI Guidelines on Corporate Governance in Non-Banking Financial Companies (NBFCs):
o Applicability to NBFCs with specific thresholds (size-based regulations).
o Governance structures and accountability norms.

Day 2 & 3: Risk Management
• RBI Guidelines on Risk Management Systems (2005):
o Categories of risks: Credit Risk, Market Risk, Operational Risk, and Liquidity Risk.
o Importance of a comprehensive risk management framework.
o Risk identification, measurement, and mitigation.
• Basel III Framework Implementation in India:
o Capital adequacy norms and maintenance of capital buffers.
o Stress testing and Pillar II supervisory review process.
o LiquidityCoverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).

• Operational Risk Management (ORM):
o RBI guidelines on ORM, including cyber security risk and business continuity planning.
o Use of key risk indicators (KRIs) and incident reporting.
• Fraud Risk Management:
o RBI guidelines on fraud classification, reporting, and monitoring.
o Building fraud control units and investigation protocols.

Day 4 & 5: Compliance
• RBI Master Direction on Compliance Function in Banks (2020):
o Role of Chief Compliance Officer (CCO).
o Independent compliance function and reporting lines.
o Monitoring and testing of compliance processes.
• Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT):
o RBI guidelines on AML/CFT compliance.
o Know Your Customer (KYC) Master Directions (updated periodically).
o Reporting obligations to the Financial Intelligence Unit (FIU-IND).
• RBI Guidelines on Outsourcing of Financial Services:
o Risk management in outsourcing arrangements.
o Vendor due diligence, monitoring, and reporting requirements.
• Compliance with RBI’s Asset Quality Guidelines:
o Classification of stressed assets: SMA categories, NPA norms, and provisioning requirements.

• Compliance Culture
o Compliance culture assessment in banks and NBFCs.

FACULTY AND METHODOLOGY
The programme will be led by Dr. Madhusoodanan P.R., Professor and Director, Centre for Economics and Finance. He has extensive international and national level industry, policy making, teaching, and training experience in the area of economics, finance and international investment banking. He will be assisted by RCPA experts and external speakers / practitioners and regulators. The pedagogy will utilize an interactive approach, incorporating classroom sessions, case studies, and experience sharing.

TARGET AUDIENCE
Middle and senior-level executives/officers in governance, risk management, compliance, internal audit, and related functions at Banks, NBFCs, other financial institutions, and regulatory bodies.

Organisational sponsorship is essential

VENUE

The programme is fully residential and the participants will be accommodated in air-conditioned single occupancy rooms. The college does not provide accommodation for the family. The college is Wi-Fi enabled in a comprehensive way.

DURATION
The programme duration is 5 days starting from July 21 - 25, 2025. The participants are expected to arrive a day before commencement and may leave after the conclusion of the programme.

PROGRAMME FEE
Residential Fee: Rs. 69,500/- (US $ 1086 for foreigners) plus GST as applicable (presently 18%) per participant. The fee covers tuition, board and lodging, courseware (in electronic form) and other facilities of the College including internet usage.

Non-Residential Fee: Rs. 59,500/- plus GST as applicable (presently 18%) per participant. The fee covers tuition, course ware (in electronic form) working lunch and other facilities of the College including internet usage.

A 10% discount on the residential (Rs. 69,500) and non-residential (Rs. 59,500) programme fees will be offered for three or more participants from the same organization, provided the payment is credited into our Bank account before July 18, 2025.

Note: Kindly forward us the details of Bank/Wire transfer of programme fee to poffice @asci.org.in for confirmation

MEDICAL INSURANCE

The nominees are requested to carry with them the proof of Medical Insurance. The sponsoring agency is required to endorse the nominees' medical coverage in the event of hospitalization

LAST DATE FOR NOMINATION

Please use the prescribed/attached form. Last date for receiving nominations is July 07, 2025. Kindly contact Programmes Officer for further details (contact details are given at the end of the nomination form).

LAST DATE FOR WITHDRAWAL

July 14, 2025. Any withdrawals after this date will entail forfeiture of fee paid, if any.

ASCI ALUMNI ASSOCIATION

Participants of the College programmes will automatically become members of the ASCI alumni association.

CERTIFICATE OF PARTICIPATION

The College issues a Certificate of Participation on conclusion of the programme.