Highlights from Regulation Asia’s 2016 India Roundtable with ICCL, Stockholding, EY and PIVOT.
How India illustrates the issues Asian markets face in implementing new standards.
India needs to shift the balance between government- and corporate-issued debt, according to panellists at India Regulatory Summit 2016...
Other new initiatives cover equity/commodity licensing unification; mutual fund purchases via e-wallet.
Single regulator would supervise equity, government bond, currency, commodity future and corporate bond markets.
Recent ‘ethical hack’ found cybersecurity weaknesses at two public sector banks.
Position limit set at 10% of free float; 50% of domestic market MWPL by value.
Committee launched 2 months after central bank reminder that all VC platforms are unlicensed.
Association says auditors should have at least 10 years experience for the largest suspected frauds.
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