Bank Reconciliation Statement Format: A Complete Guide with Examples
Your complete guide to Bank Reconciliation Statements—format, examples, and process of preparing a BRS. Streamline your accounting process and detect discrepancies effortlessly!
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Compliance & Regulation
Compliance in Indian fintech is no longer a periodic audit — it's a real-time operational requirement. Every onboarding decision, every credit approval, every transaction flagged or cleared has to stand up to RBI, SEBI, MeitY, and sectoral regulator scrutiny. The compliance teams that scale are the ones that treat compliance as infrastructure, not paperwork.
This hub covers the operational side of Indian fintech compliance: AML frameworks in practice, customer due diligence (CDD) and enhanced due diligence, politically-exposed-person (PEP) screening, the MNRL framework for mobile number revocation, sectoral guidelines for lending, payments, RMG, and insurance, and how compliance obligations evolve as RBI refines its guidance on AI, data use, and customer consent.
Deepvue supports compliance workflows through identity verification, MNRL API access, business verification, and continuous-monitoring signals. We've built integrations specifically designed to satisfy audit trails — every decision logged, every data pull consented, every flag documented.
The featured content below walks through specific compliance topics: what RBI's most recent AI guidance means in practice, how to structure AML workflows that scale, how to operationalize PEP screening without burying the ops team, and how compliance officers are adapting to continuous-monitoring expectations.
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Glossary in this topic
AML Transaction Monitoring Explore the essentials of transaction monitoring in AML. Learn how effective AML transaction monitoring can combat money laundering and financial crime. Anti-Money Laundering (AML) Anti-Money Laundering Definition Anti-Money Laundering (AML) refers to a set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income. In the fintech sector, AML measures are critical for identifying, investigating, and reporting suspicious activities that may indicate money laundering or terrorist financing. Effective AML practices help maintain […] Compliance as a Service (CaaS) Explore the benefits, workings, and common use cases of Compliance as a Service (CaaS) for industries like healthcare, finance, and e-commerce Customer Due Diligence Understanding Customer Due Diligence (CDD) Customer Due Diligence (CDD) is a process used by financial institutions and other regulated entities to verify the identity of their customers, assess potential risks associated with the customer, and ensure that they are not involved in money laundering, terrorism financing, or other illicit activities. CDD is a critical component […] Enhanced Due Diligence Understanding Enhanced Due Diligence (EDD) Enhanced Due Diligence (EDD) is a more rigorous and thorough process of verifying the identity and assessing the risk of higher-risk customers or transactions. EDD goes beyond standard Customer Due Diligence (CDD) to provide a deeper understanding of the customer and mitigate potential risks associated with money laundering, terrorism financing, […] Financial Action Task Force Explore the Financial Action Task Force (FATF), the global watchdog combating money laundering and terrorist financing, and its vital role in fighting financial crime. Money Laundering Understanding Money Laundering Money laundering is a process by which individuals or organisations attempt to conceal the origins of illegally obtained money. This illicit activity involves disguising the proceeds of crime, such as drug trafficking, corruption, or tax evasion, as legitimate funds. By doing so, criminals can integrate their ill-gotten gains into the financial system, […] PCI DSS Compliance Understand the 12 PCI DSS requirements for compliance and how to implement them. Follow PCI security standards to safeguard payment data and avoid penalties. Politically Exposed Person Who is a Politically Exposed Person (PEP)? A Politically Exposed Person (PEP) is an individual who holds or has held a prominent public position or function, and as a result, is considered to be at higher risk for potential involvement in bribery, corruption, and other financial crimes. This classification also extends to their immediate family […] RegTech Solutions Explore RegTech solutions that merge technology with compliance and regulatory needs, enhancing efficiency in monitoring and reporting for the financial industry. Regulatory Compliance Understanding Regulatory Compliance Understanding regulatory compliance is essential for businesses to operate within legal frameworks and avoid penalties. This glossary entry provides a comprehensive look into the meaning, importance, and implications of regulatory compliance. What is Regulatory Compliance? Regulatory compliance refers to the adherence to laws, regulations, guidelines, and specifications relevant to an organisation’s business […]
All articles in this topic
Who Is an MLRO and Why Every Financial Institution Needs One?
What makes embedded payments a must-have for modern businesses? Uncover their mechanics, benefits, and real-world applications in this detailed guide.
What is Counter-Terrorist Financing (CTF)?
Explore how terrorist financing works, CTF regulations, and why fintech’s must adopt real-time monitoring and AI tools to stay protected.
Understanding the Role of PAN Verification in Indian Compliance
Verify PAN instantly to ensure compliance and prevent fraud. Fast, secure, and reliable service. Verify now and safeguard your transactions!
Aadhaar Verification Compliance in India: Key Regulations & API-Based Solutions
Simplify ID verification with our fast Aadhaar services. Ensure security and compliance for your business today. Start verifying now for peace of mind!
What is GRC (Governance, Risk, and Compliance)?
Discover what GRC (Governance, Risk, and Compliance) means, its importance in business, and how it helps organizations manage risks and meet regulations effectively.
Understanding the Role of the Financial Conduct Authority
What does the Financial Conduct Authority do? Explore its role in consumer protection, fraud prevention, and maintaining trust in financial services.
What is a Suspicious Activity Report (SAR) and When to File One?
Wondering when to file a SAR? This guide explains Suspicious Activity Reports, their purpose, who needs to file it, and when it’s required.
Understanding Transaction Monitoring in Anti-Money Laundering (AML)
Learn how transaction monitoring works in AML compliance, its importance in detecting suspicious activities, and best practices for effective risk management.
Simplified Due Diligence (SDD): A Risk-Based Approach to Compliance
When is Simplified Due Diligence (SDD) the right choice? Uncover the benefits, regulatory guidelines, and implementation tips for a smoother compliance process.
Ultimate Beneficial Owners (UBO): Compliance for Payment Service Providers
UBO regulations are tightening—ensure your PSP meets compliance. Explore how to identify beneficial owners, verify their details, and stay audit-ready.
Understanding the DPDP Act: How It Impacts Digital Identity Verification & KYC Compliance
Wondering how the DPDP Act impacts digital identity checks? Learn about consent, data minimization, and secure KYC practices under the new law.
What is ISO 27001? Understanding Information Security Standards
ISO 27001 is the gold standard for information security. Find out how it works, its key principles, and why compliance is crucial for risk management.
What is SOC 2 Compliance? A Guide to Data Security Standards
Is your business SOC 2 compliant? Learn what SOC 2 compliance is, why it matters for data security, and how to achieve it. A must-read for businesses handling sensitive customer data.
Understanding the Mobile Number Revocation List (MNRL) API: A Comprehensive Guide
Your complete guide to the MNRL API: features, use cases, and step-by-step integration. Stay compliant and enhance telecom services effortlessly.
Understanding MNRL: Your Guide to the Mobile Number Revocation List
Discover how the Mobile Number Revocation List (MNRL) protects against fraud. Learn its importance for financial institutions—ensure compliance today!
RBI’s New MNRL Guidelines: What Financial Institutions Need to Know
Ensure your financial institution meets RBI standards with MNRL. Discover the steps to integrate this vital resource into your operations.
Anti-Money Laundering (AML): Definition, Process & Global Impact
Learn about AML, its importance, how it prevents financial crimes, and key steps businesses must take to stay compliant and avoid regulatory penalties.
Customer Due Diligence – What is CDD & How It Works?
Learn what Customer Due Diligence (CDD) is, its importance, types, process, and how businesses ensure compliance with AML & KYC regulations.
KYC Online Verification: How It Works & Steps to Check Your KYC Status
Learn how KYC online verification works, its benefits over manual verification, and steps to check your KYC status. Essential for banks, fintech, & e-commerce.
The 3 Stages of Digital Money Laundering: A Complete Guide
Understand the intricacies of digital money laundering, including key methods and the role of anti-money laundering compliance in prevention.
Smurfing in Money Laundering: How It Works, Techniques & Prevention
Reporting thresholds can help prevent money laundering through smurfing. Financial institutions can set these thresholds and monitor transactions that meet or exceed them to identify criminal activity and prevent exploitation. Learn more about their role in combating illegal activity.
Enhanced Due Diligence (EDD) Explained: Steps, Regulations & Best Practices
Learn what Enhanced Due Diligence (EDD) is, why it’s crucial for AML compliance, and how businesses can implement EDD for high-risk customers.
Risk-Based Approach (RBA) to AML & KYC risk management
Understand the Risk-Based Approach (RBA) to AML and KYC risk management. Learn how to identify, assess, and mitigate financial crime risks effectively with RBA principles.
What are the Money Laundering Penalties?
What are the money laundering fines you need to know? Dive into our blog to understand the penalties and how effective identity verification can help your business stay compliant.
PEP Screening – Everything You Need to Know
Discover everything you need to know about PEP screening, its importance in anti-money laundering efforts, and how it helps identify politically exposed persons. Learn about the process, challenges, and best practices for effective PEP screening.
Who is a Politically Exposed Person (PEPs) and How to Conduct KYC for Them
Learn who a Politically Exposed Person (PEP) is and how to conduct KYC for them. Discover the steps and importance of verifying PEPs to ensure compliance and mitigate risks in financial transactions.
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