Friday, July 5, 2013

5 July 2013: PHDCCI National Seminar on Indian Financial Code - The Time Has Arrived

Organised by:
PHD Chamber of Commerce and Industry, New Delhi

The financial sector in India is currently governed by more than sixty legislations along with a plethora of rules and regulations. This has led to a lot of ambiguity in the legal framework applicable for doing business in the country. The problem gets compounded by the fact that many of these legislations were enacted more than sixty years ago, with objectives and purposes that are largely not in sync with the realities of the present day globalised competitive world creating inefficiencies in addressing critical emerging issues in an increasing dynamic, complex and interconnected financial world.

Realising the need to address these issues and for formulating a legal framework geared up to facilitate growth of the financial sector in the future, the Government of India set up the Financial Sector Legislative Reforms Commission (FSLRC) on March 2011 under the chairmanship of Justice (Retd.) B.N. Srikrishna. The Financial Sector Legislative Reforms Commission (FSLRC) submitted its report on March 22, 2013 to the Hon’ble Finance Minister. The Government has set up FSLRC Cell for implantation of the recommendations of FSLRC in Ministry of Finance and has invited comments/suggestion on the report of the FSLRC by July 15, 2013.


0915-0945      Registration of Delegates
Inaugural Session
0945-0950Welcome AddressMr. Suman Jyoti Khaitan, President, PHDCCI
0950-1000Theme AddressMr. Prithvi Haldea, Chairman, PHDCCI Capital Markets Committee
1000-1020IFC-The Overarching PrinciplesDr. Ajay Shah, Professor, National Institute of Public Finance & Policy
1020-1045Address by Chief GuestMr. Arvind Mayaram, Secretary, Dept.of Economic Affairs, Ministry of Finance
1055-1100Concluding Remarks and Vote of Thanks    Mr. Sharad Jaipuria, Sr. Vice President,
1100-1115Tea Break
Business Session
1115-1130Talk 1: Regulatory Governance in FSLRC Mr. Shashank Saksena, Director, Dept. of Financial Services, Ministry of Finance
1130-1145Talk 2: Financial Regulation in FSLRCMr. Suyash Rai, National Institute of Public Finance & Policy
1145-1200Talk 3: Macro Finance in FSLRCProf. Ila Patnaik, Professor, National Institute of Public Finance & Policy
1200-1215Talk 4: Capital Market in FSLRCMr. Ashishkumar Chauhan, Managing Director & CEO, BSE Ltd.

Date: July 5, 2013
Time: 09:15 A.M.

PHDCCI Auditorium,
PHD Chamber of Commerce and Industry,
PHD House, 4/2 Siri Institutional Area,
August Kranti Marg,
New Delhi 110016 (INDIA)


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