PFRDA notifies amendments to Trustee Bank (TB) and Central Recordkeeping Agency (CRA) Regulations for Good Governance with focus on subscriber protection, reduce cost of compliance and enhance ease of doing business https://www.taxtmi.com/news?id=27317 Amendments to Trustee Bank and Central Recordkeeping Agency regulations strengthen subscriber protection by mandating implementation of a fraud prevention and mitigation policy, procedures for compensation to subscribers, and streamlined registration and surrender processes, while CRA reforms align governance with the Companies Act, require CEO certification on internal controls and compliance, introduce a fit and proper person criterion for CRA and key personnel, and enhance disclosure to reduce compliance burden and improve ease of doing business. en-us Thu, 22 Feb 2024 17:49:01 +0530 Thu, 22 Feb 2024 17:49:01 +0530 TaxTMI RSS Generator PFRDA notifies amendments to Trustee Bank (TB) and Central Recordkeeping Agency (CRA) Regulations for Good Governance with focus on subscriber protection, reduce cost of compliance and enhance ease of doing business https://www.taxtmi.com/news?id=27317 Amendments to Trustee Bank and Central Recordkeeping Agency regulations strengthen subscriber protection by mandating implementation of a fraud prevention and mitigation policy, procedures for compensation to subscribers, and streamlined registration and surrender processes, while CRA reforms align governance with the Companies Act, require CEO certification on internal controls and compliance, introduce a fit and proper person criterion for CRA and key personnel, and enhance disclosure to reduce compliance burden and improve ease of doing business. News - Thu, 22 Feb 2024 17:49:01 +0530 https://www.taxtmi.com/news?id=27317