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Revised Draft Indian Financial Code Hosted on the Home Page of the Ministry of Finance; Comments/Suggestions Invited by 8th August, 2015

Dated:- 23-7-2015 - The Financial Sector Legislative Reforms Commission (FSLRC) set up on 24th March 2011, for re-writing the financial sector laws to bring them in harmony with the current requirements, submitted its Report to the Government on Marc .....

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countability. The Commission presented its Report to the Government of India on 22th March 2013. The Report is in two parts: Volume I - titled Analysis and Recommendations and Volume II - titled the Draft Law consisting of the Draft Indian Financial .....

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l stakeholders through a Press Release on 6th June 2013. Hindi version of the Report was subsequently placed on the Ministry of Finance website in Sept 2013. A dedicated e-mail >feedback-fslrc@nic.in< was created to receive online comments. Fur .....

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rt were also sent to all State Governments/Union Territories, and to Universities, Research/Academic Institutions, Bank Associations etc. in India for giving wide publicity and inviting comments. The Draft IFC has been revised in the light of the com .....

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n empowering FSAT to review Regulations, rulemaking and operational aspects of capital controls, monetary policy framework and composition of the Monetary Policy Committee (MPC), regulation of systematically important payment system and others, remov .....

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