India Account Aggregator Framework (RBI)

Chapter IV: Corporate governance and change of control – India Account Aggregator Framework (RBI)

India Account Aggregator Framework (RBI) 54: Para 54: ongoing compliance on investment from FATF non-compliant jurisdictions

What does 54 require?

The NBFC-AA must comply with paragraphs 11 to 13 of the Acquisition of Shareholding or Control Directions on investment from FATF non-compliant jurisdictions.

Maintained by Gerard BlokdykVerified against the published standard 31 May 2026Control text last updated 21 May 2026

Other controls in Chapter IV: Corporate governance and change of control – India Account Aggregator Framework (RBI)

42 Para 42: internal review of controls and integrity of IT records
43 Para 43: Board experience as required by the Governance Directions
44 Para 44: Audit Committee as required by the Governance Directions
45 Para 45: Nomination Committee of at least three directors
46 Para 46: documented risk management framework with technology risk, resilience and strong authentication
47 Para 47: Risk Management Committee with technology risk oversight
48(1) Para 48(1): Board-approved fit and proper policy for directors, MD and CEO
48(2) Para 48(2): annual auditor-certified statement on change of directors

Query this from an agent

The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpoint All India Account Aggregator Framework (RBI) controls