Links: Regulatory Oversight, and Oversight of Regulators

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It seems the Finance Ministry knew about SEBI’s note to the insurance companies a full week before it happened. Wow. The rest was politics.

And Ajay Shah says Tamal Bandhyopadhyay’s banking sources are awesome. I agree. He also writes very well. Tamal seems to have both the FinMin FSDC paper (“super regulator” powers to fin-min) and the RBI letter to the FinMin to please let the SEBI-IRDA turf-war-ending-ordinance lapse (because it potentially curtails RBI autonomy).

Gautam Chikarmane on regulators needing accountability along with autonomy.

A special thanks to Monika Halan for tweeting all the above links.

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1 COMMENT

  1. >sir,
    my regards for this service,kindly accept my sincere
    .
    unless the front loaded various charges in ULIPS are capped to not more than 5 %in a policy year,huge mis selling will happen.
    ordinary, innocent policy holders who even do not know how internet can help them in understanding life insurance, wealth creation tax planning etc….
    i believe only SEBI can have such proven capabilities in financial markets NOT irda.
    thanks

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