RBI releases Framework for Financial Market SROs

The Reserve Bank of India introduces a framework for recognizing self-regulatory organisations in financial markets, aiming to strengthen compliance.
RBI - Framework - Financial Market - SROs - taxscan

The Reserve Bank of India ( RBI ) introduced a framework on Monday for recognizing self-regulatory organisations ( SROs ) within the financial markets, aiming to enhance compliance and foster a collaborative environment for policy development. The RBI emphasised that these SROs would play a crucial role in establishing industry standards and best practices, ensuring…

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