Task Force on Financial Redressal Agency

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....ask Force on Financial Redressal Agency <br>News and Press Release<br>Dated:- 24-7-2015<br><BR>The Government has set up a Task Force on Financial Redress Agency (FRA), as recommended by the Financial....

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.... Sector Legislative Reforms Commission (FSLRC), on June 5, 2015, with the following Terms of Reference: Review the international best practices in consumer grievance redress, including ombudsmen and ....

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....other dispute resolution mechanisms, with a focus on the financial sector. * Review the present practices of management of financial consumer redress in India. * Support the Ministry of Finance in....

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.... procuring the services of competent consultant(s) to operationalise the FRA. * Guide and monitor the consultant(s) in order to develop the design, business model, funding, financial controls, risk ....

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....management plan, administrative plan, process manuals, information technology system and accountability and reporting mechanisms, etc. * The Task Force will complete its task within one year. This ....

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....was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Lok Sabha today.<BR> News - Press release - PIB....