Press release on Report of the Regulations Review Authority (RRA 2.0) (dated -13.06.2022)-RBI.View Pdf
Press release on Report of the Regulations Review Authority (RRA 2.0) (dated -13.06.2022)-RBI.
- Regulations Review Authority (RRA 2.0) was set-up by the Reserve Bank of India vide press release dated April 15, 2021, with the objective of reducing the compliance burden on Regulated Entities (REs) by streamlining the regulatory instructions and rationalising reporting requirements.
- The RRA 2.0 has since submitted its report containing final set of recommendations. The report is based on the extensive consultations with both internal as well as external stakeholders. The report, inter alia, contains
- recommendations on ease of compliance and reduction in regulatory burden, streamlining of reporting mechanism and dissemination and ease of accessibility of regulatory instructions, refer attachment for further details.