NBFC Annual Compliance with NGH & Associates

Your Trusted Partner for Regulatory Excellence!

Safeguarding Your Reputation

Ensuring Transparency

Fostering Trust with Stakeholders

Perks of Getting NBFC Annual Compliance

As a Non-Banking Financial Company (NBFC), your annual compliance obligations are crucial for maintaining regulatory compliance and ensuring the stability and integrity of the financial system. Here's how we can assist you in meeting these obligations:

Financial Health Check-up

Our financial experts conduct a comprehensive review of your company's financial statements to ensure they are accurate, transparent, and compliant with regulatory standards.

Statutory Audits

Our team works closely with seasoned auditors, providing you with valuable insights and recommendations to strengthen your internal controls and risk management practices.

ALM Management

We help you maintain a balanced and resilient ALM framework, ensuring adequate liquidity and mitigating risk exposure.

Regulatory Reporting Made Easy

Our experts handle the preparation and submission of all regulatory reports to the RBI and other authorities, keeping you compliant without the hassle.

Corporate Governance Excellence

We assist you in strengthening your corporate governance practices, ensuring transparency, ethical conduct, and board effectiveness.

Compliance with AML and KYC Regulations

We work with you to develop robust Anti-Money Laundering (AML) and Know Your Customer (KYC) policies, safeguarding your business from illicit activities.

How To Proceed Ahead with NBFC Annual Compliance?

Ensuring your Non-Banking Financial Company (NBFC) remains compliant with regulatory standards is crucial for its stability and reputation. 

1.

Prepare accurate financial statements, including balance sheets and profit and loss accounts, ensuring transparency and adherence to accounting standards.

3.

Manage your company's assets and liabilities according to RBI guidelines, preparing ALM reports to assess and mitigate risks effectively.

5.

Adhere to RBI's prudential norms on capital adequacy, exposure, income recognition, asset classification, and provisioning requirements.

7.

Develop and enforce robust AML and KYC policies to prevent financial crime, conducting regular audits to ensure compliance with regulatory requirements.

2.

Engage qualified auditors to conduct statutory audits, providing an independent assessment of your company's financial health and compliance status.

4.

Submit required reports to the Reserve Bank of India (RBI) within deadlines, including FLA, CRAR, and other regulatory filings mandated by RBI guidelines.

6.

Implement strong corporate governance practices, ensuring transparency, accountability, and ethical conduct throughout your organization.

8.

Establish mechanisms for ongoing monitoring and improvement of compliance processes, staying updated on regulatory changes and industry best practices.

Don't Let Paperwork Hold You Back
Take the Stress Out of Nbfc Compliance

Consult the experts to handle the complexities!

Click Here

Why Are We The Best Choice for NBFC Annual Compliance?

  • Personalized Attention: We take the time to understand your unique needs and challenges, providing you with tailored solutions that align with your business objectives.
  • Proactive Guidance: Our proactive approach means we anticipate regulatory changes and market trends, keeping you ahead of the curve and prepared for whatever lies ahead.
  • Reliable Support: You can count on us to be there for you every step of the way, offering reliable support and guidance whenever you need it.
  • Commitment to Excellence: We are committed to excellence in everything we do, striving to deliver the highest standards of service and professionalism at all times.
  • Ensure peace of mind and regulatory excellence for your NBFC with [Your CA Firm Name]. Contact us today to learn more about how we can support your compliance efforts and help you achieve your business goals with confidence.
85259470_File management administration- data filing concept- flat illustration vector 2

Documents Required for NBFC Annual Compliance

  • Financial Statements: Balance Sheet, Profit and Loss Account & Cash Flow Statement
  • Statutory Audit Reports: Auditor's Report, Audit Certificate & Asset Liability Management (ALM) Reports
  • Annual Return on Foreign Liabilities and Assets (FLA)
  • Quarterly Returns on CRAR (Capital to Risk-Weighted Assets Ratio)
  • Board Resolutions
  • Corporate Governance Report
  • Anti-Money Laundering (AML) and Know Your Customer (KYC) Records:
  • AML Policy Document
  • Capital Adequacy Assessment Report
  • Exposure Norms Compliance Report
  • Income Recognition, Asset Classification, and Provisioning (IRACP) Report
  • Board Meeting Minutes
  • KYC Procedures Manual
  • AML and KYC Audit Reports
  • Compliance Reports and Certificates
Schedule Your Consultation with
NGH & Associates Today
Button- Let's Talk

Insights

Disclaimer: The information provided on this page is for general informational purposes only. It is not intended to be, nor should it be construed as legal, financial, or professional advice. Readers are advised to seek appropriate guidance and conduct their own research or consult with a qualified professional regarding specific legal, financial, or business matters. The author and publisher of this content make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information contained herein. Any reliance you place on such information is therefore strictly at your own risk. In no event will the author and publisher be liable for any loss or damage arising out of, or in connection with, the use of this information.