New Delhi, Jan. 14 -- Reserve Bank of India (RBI) Governor Shaktikanta Das headed Sub-Committee of the Financial Stability and Development Council (FSDC) has reviewed the major developments in the global and domestic economy as well as financial markets that impact financial stability.

The meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC) was attended by various regulators, including SEBI and IRDAI.

''The Sub-Committee, inter-alia, discussed scope for improvements in insolvency resolution under IBC, utilisation of data with the Central KYC Records Registry and changes in the regulatory framework relating to Alternative Investment Funds (AIFs) set up in the International Financial Services Centre (IFS...