RBI has set up an Enforcement Department (EFD) which would serve as a centralised department to speed up regulatory compliance; EFD has been entrusted with the responsibility of enforcement action on commercial banks

RBI has set up an Enforcement Department (EFD) which would serve as a centralised department to speed up regulatory compliance; EFD has been entrusted with the responsibility of enforcement action on commercial banks https://www.taxtmi.com/news?id=18425 Creation of a centralised Enforcement Department (EFD) to expedite regulatory compliance and to carry out enforcement action on commercial banks, with a structural separation between those who oversee possible rule breaches and those who decide punitive measures to ensure evidence-based and fair enforcement. en-us Tue, 18 Jul 2017 18:12:28 +0530 Tue, 18 Jul 2017 18:12:28 +0530 TaxTMI RSS Generator RBI has set up an Enforcement Department (EFD) which would serve as a centralised department to speed up regulatory compliance; EFD has been entrusted with the responsibility of enforcement action on commercial banks https://www.taxtmi.com/news?id=18425 Creation of a centralised Enforcement Department (EFD) to expedite regulatory compliance and to carry out enforcement action on commercial banks, with a structural separation between those who oversee possible rule breaches and those who decide punitive measures to ensure evidence-based and fair enforcement. News - Tue, 18 Jul 2017 18:12:28 +0530 https://www.taxtmi.com/news?id=18425