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Regulators such as RBI, SEBI, Trai, along with government departments like the Ministry of Home Affairs, Ministry of Consumer Affairs, and DoT, convened on May 21 to address the issue of pesky communications and online financial fraud. Discussions centered on tightening KYC rules, improving information sharing among stakeholders, and enhancing consent mechanisms. Trai s joint committee of regulators is spearheading collaborative efforts to tackle digital regulatory implications.
The joint committee of regulators (JCoR) is a collaborative initiative by Trai to study regulatory implications in the digital world and to collaboratively work on regulations.
The telecom regulator (TRAI) convened a meeting of the Joint Committee of Regulators (JCoR) on May 21 at its New Delhi headquarters to study regulatory implications in the digital world and to collaboratively work on regulations, especially around Unsolicited Commercial Communication (UCC).