Financial Regulator Current Affairs, GK & News
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 ..
Topics: Corporate tax avoidance • Economy • Financial centre • Financial regulation • Financial Regulator • International business • International Financial Services Centre • Money • Offshore finance • Securities and Exchange Board of India • Tax avoidance
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 ..
Topics: Banking, Finance and Insurance Commission • Economy • Financial regulation • Financial Regulator • Financial Services and Markets Act • Financial Services and Markets Authority • Financial Services Authority • Financial Supervisory Authority • Finanstilsynet • Government • Government of Denmark