Avanse Financial Services Compliance Officer Interview Questions and Answers

The role of a Compliance Officer as per RBI Guidelines is to ensure that the organization complies with all the regulatory requirements.

• Developing and implementing compliance policies and procedures

• Conducting regular compliance audits and risk assessments

• Ensuring that employees are trained on compliance matters

• Reporting any non-compliance issues to senior management and the RBI

• Maintaining records of compliance activiti...read more

Compliance required for change in shareholding pattern and board composition as per RBI Master Direction.

• Prior approval from RBI required for any change in shareholding pattern resulting in change of management control

• Disclosure of shareholding pattern and changes to be made to RBI within 30 days

• Appointment of directors to be in compliance with fit and proper criteria

• Board composition to have at least one-third indepen...read more