<h1>National Seminar on Indian Financial Code Highlights Need for Legislative Reform and Principle-Based Approach by Finance Minister.</h1> The Institute of Company Secretaries of India organized a National Seminar on the Indian Financial Code, inaugurated by the Union Finance Minister. The seminar addressed the fragmented nature of financial regulations enacted over the past 80 years, highlighting the need for comprehensive legislative reform. The Finance Minister emphasized challenges such as legislative change and capacity building, advocating for a non-sectoral, principle-based approach. Key speakers discussed the importance of consistent reforms and accountability mechanisms. The seminar underscored the necessity for training and capacity building to align with the new financial code framework, aiming for improved market and corporate governance.