Platform Offers Regulatory Compliance Analysis for Indian Banks and Global Financial Services Industry
Wolters Kluwer Financial Services’ Compliance Resource Network, which consolidates financial laws, regulations and commentary from across the globe on a single research platform, is now available to banking industry risk and compliance officers in India to help them better navigate the volatile regulatory environment.
The Compliance Resource Network provides timely financial services regulation and legislation, insightful commentary and analysis, compliance checklists and daily regulatory updates to help clarify challenging compliance issues in India. This information helps risk and compliance professionals better understand how regulatory change will affect their organisation, and enables them to take steps necessary to stay in compliance.
In addition to expert-authored, practical materials, the platform provides a single source for accessing official materials from India’s major banking regulators. This includes issuances from the Reserve Bank of India (RBI), National Housing Bank (NHB), Fixed Income Money Market and Derivatives Association (FIMMDA), National Bank for Agricultural and Rural Development (NABARD), and the Clearing Corporation of India (CCIL).
The Compliance Resource Network’s comprehensive library of Indian regulatory materials and summaries is complemented by a variety of financial services regulatory information, commentary and analysis for other jurisdictions, including the United States (US), United Kingdom (UK), Canada and Australia, plus daily compliance news for the US, European Union and Asia.
“As India’s financial services market expands, there is a growing need for global regulatory intelligence among Indian-based banks, as well as foreign financial organisations that have operations in India,” said Anna Monteiro, senior director of Global Regulatory Solutions at Wolters Kluwer Financial Services. “The Compliance Resource Network provides clear analysis of the regulations both in India and abroad.”
More From This Section
“We are making it easier for financial organisations to access, manage and understand compliance information,” said Prabhat Gupta, head regulatory specialist for Wolters Kluwer Financial Services in India. “Timely analysis and information regarding the changing laws and regulations helps banks meet regulatory obligations and ultimately build and maintain strong compliance programs.”
Financial services firms in India may already be familiar with Wolters Kluwer Financial Services’ monthly newsletter, “Regulatory Roundup,” which was recently launched to firms across India. The newsletter can be accessed alongside the other materials within the Compliance Resource Network, and can be set up for email delivery.
For more information, please visit www.complianceresourcenetwork.com.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organisations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. Wolters Kluwer Financial Services supports its global customers with offices in more than 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2009) of €3.4 billion (£3.0 billion), approximately 19,300 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Visit our website, YouTube or follow on Twitter for more information about our market positions, customers, brands, and organisation.