RSA IGL 7.0.2 - Software bundle with (local) RSA-provided database
I followed all the configuration steps about (Help Online) > Requests > Set Up the System for New User Registration Requests.
The the default Register User Notification Email has been sent by the system (Requests > Set Up the System for New User Registration Requests > About Register User Notification Email) but the password value, printed into email body, is encrypted.
Following an example of a sent message:
Note: I did not customize the RegisterUserPasswordEvent and related email content
It might be an expected behavior not allowing to see what password was set on the account in the email log.
Did you check the email which was received in the email client? Do you see the value in plain text?