Page-4 of Financial regulation
RBI promotes info sharing, inks MoU with Financial Regulators of 9 countries
The RBI with the aim to promote co-operation in information sharing b/w regulators, inked 3 MoUs with financial regulators of nine countries. The newly signed are with: Jersey Financial Services Commission (JFSC) Financial Services Authority of UK Financial Supervisory Authority ..
Month: Current Affairs - August, 2012
India inks agreement with EAG to counter terrorist financing
India signed an agreement with the Eurasian Group (EAG) to inter-alia enhance cooperation in the areas of money laundering and terrorist financing. The Cabinet had approved the agreement earlier this month. A six-member Indian delegation led by Dr Mathew attended ..
Month: Current Affairs - January, 2012
Delhi : Important Supreme Court Verdict on General Power of Attorney
What is a Power of Attorney? A power of attorney refers to a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter. Its a legal instrument whereby one person gives another ..
Month: Current Affairs - December, 2011
Homogeneous KYC Regulation norms by Nov’11
SEBI to come out by Nov’11 Homogenous norms for setting up a uniform Know Your Customer (KYC) Regulation Authority. It will relieve the burden comparable on the intermediaries as well as the common man, seeking to make investments. This mechanism ..