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The IRDAI has collaborated with Toronto Centre, a not-for-profit organisation working for promoting strong supervision to enhance financial stability, crisis preparedness, and consumer protection, said the sectoral regulator.
“RBS is a shift towards adopting global best practices for supervision which focuses on proportionality, materiality and relies on holistic analysis of the activities of regulated entity from risk perspective,” IRDAI said.
–Ajit Weekly News
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