Objectives of the Conference: The phenomenal economic growth the country witnessed in the recent times with increased reach and penetration requires fine tuning of legislative reforms on an ongoing basis, as to address the growing financial frauds as well as to accommodate growth. In the path to global integration and opening up of the economy, the architecture as well as reach of financial sector supervision needs to be strengthened to create a fire ball for minimizing financial frauds which of late seems to have become more prominent. The recent chit fund fraud has touched the hornet’s nest. The overlaps and well as gaps in the financial sector have tempted the tricksters to outsmart the system. Many fraud cases involve complicated financial transactions conducted by ‘white collar criminals’ such as business professionals with specialized knowledge and criminal intent.
Distinguished Dignitaries:
- Shri K. C. Chakrabarty, Deputy Governor, Reserve Bank of India
- Shri M. J. Joseph, Additional Secretary, Ministry of Corporate Affairs
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