RBI signs info exchange pacts with UK financial bodies
The agreements were necessitated after the UK introduced changes in its financial services regulations The Dollar Business Bureau The RBI signed separate MoUs with Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), United Kingdom The Reserve Bank of India (RBI) on Wednesday said that it has signed agreements with Britains two regulatory bodies to ensure greater supervisory cooperation and exchange of information related to financial markets. The RBI signed separate Memoranda of Understanding (MoUs) on supervisory cooperation and exchange of supervisory information with Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), United Kingdom, the central bank said in a statement. Though the Reserve Bank had entered into an agreement with the Financial Services Authority (FSA) of the UK in July 2012, fresh ...
