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Irda panel to review FSLRC proposals

The Irda said the committee will submit its report by April-end.

New Delhi | Published: February 3, 2014 2:55:43 am

Insurance regulator Irda has set up a nine-member committee to review the 14 non-legislative recommendations made by the Financial Sector Legislative Reforms Commission (FSLRC).

The committee will also examine the extant legislative and regulatory framework in compliance 14 non-legislative recommendations, Irda said in an order. The non-legislative recommendations are related with consumer protection, transparency and capacity building, among others. The Irda said the committee will submit its report by April-end.

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