Irda panel to review FSLRC proposalshttps://indianexpress.com/article/business/business-others/irda-panel-to-review-fslrc-proposals/

Irda panel to review FSLRC proposals

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

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.