the consultation ledger
Every paper, every window, every answer
Consultation papers of India's financial regulators — with the one fact that decides whether a consultation means anything: were the comments published?
| Opened | Closed | Consultation | Desk | Status | Comments published? |
|---|---|---|---|---|---|
| 23 Sep 2026 | 25 Oct 2026 | Public Consultation Paper on Recalibrating Economics of Insurance Distribution (commissions, EoM, Bima Sugam, Public Insurance Registry) Live watch: who comments on distribution economics (insurers, banks-as-banca partners, brokers, web aggregators) and whether IRDAI publishes a response statement when the final rules land. |
IRDAI | live | unknown source |
| 12 Sep 2026 | Consultation Paper on Review of Closing Auction Session, Market Timings and Settlement Methodologies for Derivative Contracts | SEBI | live | yes source | |
| 24 Jul 2026 | 24 Aug 2026 | Discussion Paper: Guidance to Insolvency Professionals for Due Diligence to Identify Fraudulent or Malicious Initiation of Corporate Insolvency | IBBI | closed | yes source |
| 02 Jul 2026 | 22 Jul 2026 | Discussion Paper: amendments to CIRP, Liquidation and Personal Guarantor Regulations Comments submitted through the IBBI website's Public Comments section. |
IBBI | closed | yes source |
| 17 Jun 2026 | 08 Jul 2026 | Draft framework for regulation-making and public consultation under the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act 2025 If notified as proposed: minimum 21-day comment windows, and a published general statement of response to comments by notification date — plus a fresh consultation round when final rules differ substantially from drafts. |
IRDAI | closed | unknown source |
| 29 Sep 2025 | Consultation Paper to Align Valuation Practices in the NPS Architecture Released with an invitation for stakeholder comments; PFRDA's comment-publication practice is the open question this register tracks. |
PFRDA | closed | unknown source | |
| 07 Feb 2025 | Consultation Paper on Corporate Governance: secretarial compliance, auditors, related-party transactions | SEBI | closed | yes source | |
| 18 Dec 2024 | SEBI (Procedure for Making, Amending and Reviewing of Regulations) — formalised pre-legislative consultation Board-approved procedure (18 Dec 2024) making structured pre-legislative consultation mandatory — the strongest transparency baseline among the six desks; the watch compares other regulators against it. |
SEBI | final | yes source | |
| 17 Aug 2022 | 03 Oct 2022 | Discussion Paper on Charges in Payment Systems (40 questions on UPI/IMPS/NEFT/card charges) Submissions were never published by RBI; commenters self-published (NASSCOM's full submission is public by its own choice). The paper set off the UPI-charges debate; the finance ministry publicly denied any plan to charge UPI, and the merchant-discount-rate question resurfaced in later rule-making. |
RBI | final | no source |
| 17 Oct 2019 | Discussion Paper on Guidelines for Payment Gateways and Payment Aggregators Final PA/PG directions followed in 2020; the comment record survives only because commenters like Vidhi published their own submissions, including its delegated-legislation objections on the PSS Act. |
RBI | final | no source |
How to read this table: "unknown" is a finding, not a gap in this register — it means the regulator has not demonstrated a practice of publishing what it receives. RTI is the fallback route; see Access & RTI for ready-to-file templates.