IndiaInsurance
14th October 2009, 03:21 AM
A few weeks back, we had initiated our analysis of the Finance Ministry s proposal to have a super regulator for the financial services industry. In this second part, we will examine one key benefit derived from having a super regulator the ability to respond to a financial system comprising financial conglomerates and products that span the banking, insurance and pensions sectors. To understand this benefit, it is crucial to recognise that an effective financial regulatory structure consists of three essential components: (i) rules pertaining to business conduct that should serve to protect investors and promote efficient and transparent capital markets; ...
More... (http://in.biz.yahoo.com/091013/50/baucg2.html)
More... (http://in.biz.yahoo.com/091013/50/baucg2.html)