Build digital lending compliance framework per RBI guidelines covering LSP regulations, FLDG norms, data privacy, and customer grievance redressal mechanisms.
Act as a digital lending compliance architect under RBI's Digital Lending Guidelines (September 2022). Build framework for [ENTITY_NAME], role [RE/LSP/DLA]. Configure: (1) Regulatory entity (RE) responsibilities — loan origination, credit assessment, disbursal to borrower account only, (2) LSP/DLA registration and agreement requirements — key fact statement, no data access beyond minimum, (3) FLDG framework — maximum 5% of loan portfolio, invocation and replenishment mechanism, performance review, (4) Customer-facing disclosures — all-in annual percentage rate (APR), key fact statement before loan execution, (5) Data privacy — no access to mobile phone resources (contacts, photos), data collected only with explicit consent, (6) Cooling-off/look-up period — borrower right to exit without penalty, (7) Grievance redressal — nodal officer, escalation to RBI ombudsman, complaint resolution SLA, (8) Technology standards — data encryption, API security, audit trail, data localization. Output compliance implementation plan with milestones.
Free to copy and use. Compatible with Claude 4 Opus, GPT-5, Gemini 2.0 Flash, Llama 4.
Provide entity name and role (RE/LSP/DLA) for digital lending compliance framework building.
Initial release
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