TaxTMI 
TaxTMI 
RBI Agreement with UK on Black Money.
X X X X Extracts X X X X
X X X X Extracts X X X X
....BI Agreement with UK on Black Money. <br>News and Press Release<br>Dated:- 30-8-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 30-August-2012 16:48 IST RBI Agreement ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....with UK on Black Money On 17.07.2012, the Reserve Bank of India (RBI) has entered into a Memorandum of Understanding (MoU) with Financial Service Authority (FSA) of UK. The MOU is on "Supervisory Ope....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ration and Exchange of Supervisory Information" to promote supervisory co-operation between these institutions, and to provide for formal basis for co-operation in the area of banking supervision, inc....
X X X X Extracts X X X X
X X X X Extracts X X X X
....luding for exchange of supervisory information. Such co-operation will enable these supervisory entities to perform their functions more effectively. The MoU contains provisions for sharing of superv....
X X X X Extracts X X X X
X X X X Extracts X X X X
....isory information, co-operation in respect of on-site examinations, crisis management and maintenance of confidentiality of supervisory information shared between RBI and FSA. RBI shares any informat....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ion received with regard to matters under the Financial Action Task Force with the Financial Intelligence Unit-India (FIU-IND) for taking further necessary action under the Prevention of Money Launder....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ing Act, 2002. This was stated by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Rajya Sabha today. * * * DSM/RS/bs<BR> News - Press release - PIB....