Simplify NBFC Compliance with Dhanguard

Easily manage all your NBFC’s legal, financial, and reporting requirements from one secure and user-friendly platform.

✅ Keep track of all licenses, renewals, and regulatory filings

✅ Receive timely alerts for audits, reports, and capital compliance

✅ Automate AML, KYC, and transaction monitoring

✅ Strengthen internal controls with audit and risk management tools

✅ Create accurate, regulator-ready reports in minutes

With Dhanguard, managing NBFC compliance is easier, faster, and more reliable helping your business stay compliant while focusing on what matters most.

NBFC Compliance: Non-Banking Financial Company Requirements

Non-Banking Financial Companies (NBFCs) play a vital role in the financial ecosystem—providing credit, leasing, investment, micro-finance, insurance and other financial services—without being full banks. Because of their nature, nbfc compliance is crucial to maintain financial stability, protect consumers, and meet regulatory expectations.

Compliance of NBFC company means adhering to all laws, regulations, internal governance, risk management, reporting, and operational norms required by regulators, central banks, and oversight bodies. Gaps in compliance may lead to fines, loss of license, reputational damage, or even legal action.

Below we outline what nbfc compliance requirements typically involve, and a nbfc compliance checklist to help companies stay on top of their obligations.

Key Features

Registration / License Validity

Check that license or registration is up to date and renewed as required.

Capital / Net Owned Funds

Verify minimum required capital maintained.

Liquidity and ALM Reports

Submit ALM returns; monitor liquidity mismatch.

Prudential / Regulatory Returns

Monthly/Quarterly returns on asset classification, provisioning, risk weighted assets, etc

Annual Audited Financials

Arrange for statutory audit; file audited balance sheet & profit & loss account.

AML / KYC / Sanctions Controls

Customer due diligence; transaction monitoring; screening; suspicious transaction reports

Corporate Governance Measures

Board meetings; independent audits; policies & procedures; compliance officer assigned.

Consumer Protection / Fair Practices

Disclosures; loan documentation; complaint handling mechanism.

Data Protection / Technology Compliance

Secure data storage; compliance with data privacy laws; cyber-security risk assessment.

Other Regulatory & Local Reporting

Foreign investments, economic substance (if applicable), tax filings, etc.

What the Regulatory Landscape Usually Covers

While specifics vary between countries and regulatory bodies, compliance of nbfc company often includes the following domains:

Licensing and Registration: Obtaining and maintaining registration or license with the relevant authority (e.g. central bank, securities regulator).
Capital & Prudential Norms: Minimum capital or net owned funds requirements; capital adequacy rules; liquidity norms.
Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), Sanctions: KYC (Know Your Customer), customer due diligence, monitoring of suspicious transactions, transaction screening.
Consumer Protection & Fair Practices: Transparent pricing, grievance redressal, disclosures, fair lending, etc.
Reporting, Audit & Financial Statements: Regular returns, audits, asset and liability monitoring, annual and interim financial statements.
Corporate Governance & Internal Controls: Board oversight, risk management, internal audit, compliance functions, policies & procedures.
Data Privacy, Security & Technology Risk: Protection of customer data; cybersecurity; robust IT controls.

Other Regulatory Requirements: May include taxation, foreign investment rules, economic substance, market conduct, etc.