Tag Archives: regulatory compliance

by in Advices, Consulting

Vendor Risk Management: Mitigating Threats from Third-Party Relationships

Vendor Risk Management (VRM) is a strategic approach that organizations adopt to assess the potential risks associated with their third-party vendors, suppliers, and service providers. In an increasingly interconnected business landscape, where organizations rely on external partners to deliver essential goods and services, understanding and managing the risks introduced by these vendors is crucial. VRM […]

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Understanding e-KYC Process Assurance: Strengthening Identity Verification

Modern digital transformation and technological advancement, has led to the remarkable evolution of traditional process. One such process that has seen a significant shift is Know Your Customer (KYC) verification, an essential component of various industries, especially in finance, telecommunications, and e-commerce. With the advent of electronic KYC (e-KYC), the landscape of customer identification and […]

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Data Localization Assurance: Ensuring Compliance and Data Sovereignty

Banks rely on data to provide seamless transactions and personalized services to customers. As the Indian banking sector undergoes digital transformation, it is important to ensure that customer data is handled securely. Data localization checks are a key strategy for ensuring regulatory compliance and maintaining data sovereignty. Data localization is the practice of storing data […]