https://www.taxtmi.com/news?id=12496 The Report recommends a comprehensive principle-based overhaul of the financial-sector legislative framework, including restructuring existing regulators and creating new agencies where needed, and promotes non-legislative governance reforms-stronger consumer protection, enhanced regulatory reporting, clearer regulator-regulated interfaces, mandatory public consultation, and cost benefit analysis. The Government broadly agrees with the non-legislative recommendations and has requested voluntary adoption by regulators; other recommendations require wider stakeholder consultation with no timeline. en-us Fri, 21 Feb 2014 18:32:19 +0530 Fri, 21 Feb 2014 18:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12496 The Report recommends a comprehensive principle-based overhaul of the financial-sector legislative framework, including restructuring existing regulators and creating new agencies where needed, and promotes non-legislative governance reforms-stronger consumer protection, enhanced regulatory reporting, clearer regulator-regulated interfaces, mandatory public consultation, and cost benefit analysis. The Government broadly agrees with the non-legislative recommendations and has requested voluntary adoption by regulators; other recommendations require wider stakeholder consultation with no timeline. News - Fri, 21 Feb 2014 18:32:19 +0530 https://www.taxtmi.com/news?id=12496