Solytics Partners Highlights AML/CFT Compliance Priorities at Fintelekt’s 13th Annual Summit in Mumbai

Key Insights on RBI Internal Risk Assessment Framework: Solytics Partners at Fintelekt AML/CFT 13th Annual Summit‍

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Solytics Partners was proud to participate in the Fintelekt AML/CFT 13th Annual Summit (India) 2024, held on December 5 in Mumbai. Deepak Mehta, our partner and Head of Sales & Marketing, joined an esteemed panel to discuss "AML/CFT Compliance Priorities for 2025."‍

During the panel, Deepak highlighted critical steps regulated entities must take to enhance their internal risk assessments, particularly in light of evolving RBI guidelines and FATF recommendations. Key points from his discussion included:

• The shift towards proactive regulatory approaches in India.
• Conducting a holistic internal risk assessment by analyzing business nature, geography, and market factors.
• Defining key risk drivers such as customer profiles, transaction channels, and product types.
• The role of structured methodologies and comprehensive data in strengthening compliance.
• Lessons from global practices in AML/CFT compliance.

Deepak stressed the importance of building robust frameworks for internal risk assessments, maintaining detailed documentation, and conducting periodic updates to ensure sustained compliance.‍

Solytics Partners is committed to helping businesses stay compliant with evolving RBI guidelines. With expertise in advanced risk assessment frameworks, fraud analytics, and AML screening, we empower organizations to build resilience against financial crimes.

💡 Learn more about internal risk assessments and AML solutions here: https://www.solytics-partners.com/resources/whitepapers/internal-risk-assessment-framework-for-money-laundering-and-terrorist-financing-risks