FSA finds areas of non-compliance with arrears rules
The FSA has found areas of non-compliance by firms with arrears rules as part of the second stage of its mortgage effectiveness review.
As the markets regulator Securities and Exchange Board of India recently mentioned that FIIs and sub-accounts are not complying with the guidelines specified by the body on the 15th of April, it is to be mentioned here that most of the FIIs present in India as of date are now complying with the new norms in their structure.