Banking, NBFCs & Investment Funds
Banks, NBFCs, AIFs and SPVs: concurrent and risk-based audit, KYC and AML, investor onboarding and fund accounting.
Overview
Banks, NBFCs, alternative investment funds and special purpose vehicles are reviewed closely by their regulators and work under RBI and SEBI requirements. Our work for the sector covers concurrent audit, risk-based internal audit, review of KYC and anti-money-laundering controls, investor onboarding and KYC, and fund and SPV accounting.
Sector considerations
What matters in this sector
- 01Regulatory reporting and inspection requirements issued by the RBI and SEBI.
- 02KYC and anti-money-laundering controls across a branch network.
- 03Investor onboarding, KYC and FATCA/CRS documentation.
- 04Audit coverage and data quality across branches, back-office functions and core-banking systems.
- 05Accuracy and timeliness of fund and SPV accounting.
- 06Governance and reporting under MCA requirements.
Relevant regulators