RBI has directed the Non-Banking Financial Companies in the Upper Layer (NBFC-UL) and Middle Layer (NBFC-ML)NBFC-ML to put in place a Board approved policy and a Compliance Function, including the appointment of a Chief Compliance Officer (CCO), based on the specified framework latest by April 1, 2023 and October 1, 2023, respectively.RBI has directed the Non-Banking Financial Companies in the Upper Layer (NBFC-UL) and Middle Layer (NBFC-ML)NBFC-ML to put in place a Board approved policy and a Compliance Function, including the appointment of a Chief Compliance Officer (CCO), based on the specified framework latest by April 1, 2023 and October 1, 2023, respectively.taxmann.com Latest Statutory HappeningsRead More
