FSLRC and regulator Government interface
Material type: Mixed materialsPublication details: 2013Description: 510-514Subject(s): NLM classification:- 332
Item type | Current library | Call number | Vol info | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Periodicals/Magazines | SSCBS Library | 43/5 | Available | P14883 |
The report of the FSLRC proposes to significiantly revamp the financial sector regulatory governance architecture. However, its observations and reommendations on regulatory governance are important not just for financial regulators, but regulatory governance in India in general. Independent regulators at the national level have existed for a while and their effectiveness has at best been mixed. This is due to the ad-hoc establishment of new regulatory, and their poor legislative design.They have not had the benefit of the perspective on regulatory design that the FSLRC has taken while proposing a revamp of the financial sector regulatory architecture.
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