https://www.taxtmi.com/news?id=27846 The address emphasises financial stability as foundational for growth and describes the regulator as an enabler using consultative rule making (RRA 2.0) to streamline obligations. It stresses strengthening governance and a culture of compliance, active engagement with boards, and measured supervisory action. Innovation initiatives-Regulatory Sandbox, interoperable sandbox, innovation hub, hackathons, and ULI-are promoted alongside warnings about fintech risks, complex outsourcing chains, and the principle of outsourcing accountability requiring regulated entities to remain ultimately responsible. en-us Mon, 02 Sep 2024 18:07:55 +0530 Mon, 02 Sep 2024 18:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27846 The address emphasises financial stability as foundational for growth and describes the regulator as an enabler using consultative rule making (RRA 2.0) to streamline obligations. It stresses strengthening governance and a culture of compliance, active engagement with boards, and measured supervisory action. Innovation initiatives-Regulatory Sandbox, interoperable sandbox, innovation hub, hackathons, and ULI-are promoted alongside warnings about fintech risks, complex outsourcing chains, and the principle of outsourcing accountability requiring regulated entities to remain ultimately responsible. News - Mon, 02 Sep 2024 18:07:55 +0530 https://www.taxtmi.com/news?id=27846