Committee for single financial sector authority3 min read . Updated: 01 Oct 2012, 11:43 PM IST
Single entity suggested for oversight of capital market, insurance, commodities futures trading, pension funds
New Delhi: A commission that studied possible reforms in the financial sector has suggested a merger of multiple financial regulatory agencies into one overarching authority that would have oversight of the capital market, insurance sector, pension funds and commodities futures trading—a proposal that, if accepted, would help consolidate the scattered regulation of financial products.
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