India is the current Chair of the BRICS. In the Second BRICS Finance Ministers’ and Central Bank Governors (FMCBG) Meeting held on August 26, 2021, the Reserve Bank of India tabled the Report on Digital Financial Inclusion in BRICS; the e-Booklet on BRICS Information Security Regulations; and the Compendium of BRICS Best Practices on Information Security Risks: Supervision and Control, which were prepared by the respective teams of the BRICS central banks. The BRICS FMCBG approved these documents during this meeting.

The Report on Digital Financial Inclusion in BRICS provides a glimpse of the initiatives, innovations and reforms undertaken in the BRICS countries in the area of financial inclusion by leveraging digital technology tools and by mapping them against select G-20 High-Level Policy Guidelines on digital financial inclusion.

The e-booklet on Information Security Regulations and the Compendium of BRICS Best Practices on Information Security Risks cover information security regulations and best practices across the BRICS jurisdictions, with an objective of strengthening the cyber incidents management systems.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/839