RBI Draft Amendments Report – 10th Jun 2026 | Harmonisation and Consolidation of Instructions on Control / Assurance Functions
The Reserve Bank of India (RBI) has issued 11 draft Amendment Directions to standardize the operational frameworks of control and assurance functions—specifically the Chief Risk Officer (CRO), Chief Compliance Officer (CCO), and Head of Internal Audit (HIA). The overarching theme across all regulated entities is the strict mandate for employer-employee relationships (barring external consultants from […]