https://www.taxtmi.com/news?id=12669 Recommendations propose a comprehensive statutory resolution framework for all financial institutions, aligning with international Key Attributes, and vesting resolution powers in a single, institutionally independent Financial Resolution Authority. The Group also recommends a structured early intervention regime through a Prompt Corrective Action (PCA) framework with clear trigger levels for regulatory escalation and handover to the FRA for last-stage resolution. en-us Fri, 02 May 2014 16:10:44 +0530 Fri, 02 May 2014 16:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12669 Recommendations propose a comprehensive statutory resolution framework for all financial institutions, aligning with international Key Attributes, and vesting resolution powers in a single, institutionally independent Financial Resolution Authority. The Group also recommends a structured early intervention regime through a Prompt Corrective Action (PCA) framework with clear trigger levels for regulatory escalation and handover to the FRA for last-stage resolution. News - Fri, 02 May 2014 16:10:44 +0530 https://www.taxtmi.com/news?id=12669