Financial Regulator Current Affairs, GK & News

Union Cabinet to set up an unified authority for regulating all financial services in IFSC

The Union Cabinet has recently approved establishment of a unified authority for regulating all financial services in International Financial Services Centres (IFSCs) in India through IFSCs Authority Bill of 2019. The establishment of a unified financial regulator for IFSCs will result in providing world-class regulatory environment to market participants from an ease of doing business ..

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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 of Norway Jersey Financial Services Commission (JFSC) It is Independent statutory body. Function: Regulation, licensing ..

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