What are the types of regulatory bodies?
The Six Types of Regulation
- Laws which impose burdens.
- Laws which directly confer rights and/or provide protection.
- Self-regulation.
- Licensing bodies and Inspectorates.
- Economic regulators.
- Regulators of public sector activities.
What are the 3 main regulatory bodies?
RBI: Reserve Bank of India (RBI) conducts the country’s monetary policy. PFRDA: Pension Funds Regulatory and Development Authority (PFRDA) regulates pensions. MCA: Ministry of Corporate Affairs (MCA) regulates the corporate sector.
How many regulatory bodies are there?
30. ( EPFO)Employees’ Provident Fund Organisation- Employees Provident Fund Organisation
| Sectors | Regulator | Website |
|---|---|---|
| Pension | PFRDA – Pension Fund Regulatory & Development Authority | [12] |
| Company- related matters | Registrar of Companies | [13] |
| Competition Commission of India | [14] | |
| Power sector | Central Electricity Regulatory Commission | [15] |
What are regulatory bodies example?
Presence of many regulatory bodies causes overlapping of powers. For example: Environment- Central Pollution Control Board (CPCB) and National GreenTribunal (NGT). Controversy between SEBI and IRDAI over Unit Linked Insurance Policy.
What is regulatory body Malaysia?
Lead bank Regulators Bank Negara Malaysia (BNM) is empowered to act as the regulator of banking institutions under the FSA, the IFSA and the Central Bank of Malaysia Act 2009 (CBA). BNM has broad powers of supervision and control over banking institutions licensed under the FSA and the IFSA.
Which of the following is regulatory body?
The correct answer is IRDAI.
Which of the following is a regulatory body?
What are regulatory bodies of financial institutions?
Financial Regulatory Bodies in India
| Regulatory Body | Sector |
|---|---|
| Reserve Bank of India (RBI) | Banking & Finance, Monetary Policy |
| Securities & Exchange Board of India (SEBI) | Securities (Stock) & Capital Market |
| Insurance Regulatory & Development Authority (IRDAI) | Insurance |
| Pension Fund Regulatory & Development Authority (PFRDA) | Pension |
Is Bursa a regulatory body?
ii Regulatory authorities Bursa Malaysia Securities Berhad (Bursa Securities) is the approved stock exchange in Malaysia and regulates listed companies and other stakeholders. The Companies Commission of Malaysia (CCM) is the main regulator in respect of company laws in Malaysia.
What is a government regulatory body?
A regulatory body is a public organization or government agency that is responsible for legally regulating aspects of human activity. The role of the regulatory body is to establish and strengthen standards and ensure consistent compliance with them.
What are regulatory lists?
Each of these lists defines listed substances or groups of substances that are prohibited or regulated to be declared. These regulatory lists are public regulations, which are valid for the defined regions.