The financial sector legislative reforms commission (FSLRC) on Wednesday sought views of experts, stakeholders and the larger public on issues related to various laws. The commission, which has been set up to suggest ways to harmonise and reform archaic financial laws, is now inviting public views before submitting an approach paper by October 2012.
The commission has already set up working groups on banking, securities, public debt management, payments and insurance, pensions and small savings. Each working group, chaired by a member of the FSLRC, has involved a number of experts for interaction in their deliberations.
The financial sector legislative reforms commission has crystallised a broad framework for preparing its report. The commission has asked people not to furnish individual complaints or investor grievances as these are not its mandate. The commission, chaired by former judge of the Supreme Court Justice BN Srikrishna has conducted 15 meetings so far.
