Framework for Identification of Compliance Issues and Compliance Risks
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Advanced Bank Management — CAIIB.
One-liners from this chapter
Free sample — 8 of 49 rapid-fire Q&A cards.
Legal / Regulatory Sanctions?
monetary penalties under Section 47A of the Banking Regulation Act, licence cancellation, prosecution.
Material Financial Loss?
restitution to customers, write-offs, business interruption.
Reputational Loss?
share-price decline, withdrawal of correspondent-banking ties, customer attrition.
Corruption — What it Covers / Typical Compliance Hooks?
What it Covers: Bribery, kickbacks, undue influence in credit / procurement; Typical Compliance Hooks: PCA 1988, RBI ‘Staff Accountability Framework for NPAs (2021)’
Employee Behaviour — What it Covers / Typical Compliance Hooks?
What it Covers: Conduct, sexual harassment, insider dealing, fraud; Typical Compliance Hooks: POSH Act 2013, Whistle-Blower Policy, Code of Conduct
Workplace Health & Safety — What it Covers / Typical Compliance Hooks?
What it Covers: Safe premises, ergonomic workstations, fire safety; Typical Compliance Hooks: Factories Act, ISO 45001, branch-safety audits
Environmental Impact — What it Covers / Typical Compliance Hooks?
What it Covers: ESG lending exposure, climate-risk compliance; Typical Compliance Hooks: RBI Disclosure Framework on Climate-related Financial Risks (Feb 2024)
Data Management — What it Covers / Typical Compliance Hooks?
What it Covers: Customer data, KYC records, cross-border data flow; Typical Compliance Hooks: DPDP Act 2023, RBI Data Storage Localisation Direction
PDF study notes
More chapters in Module D - Compliance in Banks & Corporate Governance
Master the full ABM syllabus
Every chapter of Advanced Bank Management — videos, tests, notes and one-liner decks in one place.