In addition, periodical discussions are held with the CEO of the designated entity in the FC by the Lead Regulator, along with other regulators, on the basis of available information for review and addressing concerns, if any.
It is also necessary to back-test the efficacy of the reporting format in capturing the meaningful intra-group transactions/exposures and other “material” information and also enhance the regulatory understanding of the affairs of the conglomerates. Further work is being undertaken in this direction in consultation with other regulators.