P. Chidambaram’s Speech at ICSI Seminar on Indian Financial Code
The Union Finance Minister P. Chidambaram has said that multiplicity of Institutions and multiplicity of Regulators which have come up from time to time to meet newly perceived requirements, has potentially created regulatory overlaps, gaps and ambiguity on account of lack of role clarity. This creates inefficiencies in addressing critical emerging issues in a increasingly dynamic, complex and interconnected financial world. …