India's Financial Sector Needs Stronger Enforcement Over New Regulations
19 hours agoBusiness
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India's Financial Sector Needs Stronger Enforcement Over New Regulations

Experts suggest that weak enforcement within India's financial sector necessitates more regulatory action against wrongdoers rather than the creation of additional rules. They argue that effective, deterrent enforcement could reduce the need for new regulations, which often impose costs on compliant participants without necessarily improving oversight. The focus, therefore, should be on strengthening existing enforcement mechanisms.

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