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On 17 May 2023, the European Securities and Markets Authority (ESMA) issued its Opinion on undue costs of UCITS and AIFs (the Opinion). BACKGROUND TO THE OPINION - The Opinion follows...
The Commission is working on policy proposals as part of the Retail Investment Strategy (the RIS), which aims to empower retail investors, enhance confidence and trust and increase their participation in the capital markets.
On 17 May 2023, the European Securities and Markets Authority (ESMA) issued its Opinion on undue costs of UCITS and AIFs.
Maharashtra based Bassein Catholic Cooperative Bank finally constituted a nine member Board of Management last week.
9 The Reserve Bank of India (RBI), while releasing a framework for strengthening grievance redress mechanism, has warned supervisory action against banks that fail to improve their redress mechanism in a time-bound manner. Last month Moneylife had written about how the RBI is winding up its customer services department and also BCSBI (Banking Codes and Standards Board of India). The RBI now appears to be getting serious about better grievance redressal system. In a notification issued this week, the RBI said “Effective grievance redress should be an integral part of the business strat...