Foreign exchange, derivatives and other money market instruments are in the sights of the Reserve Bank of India which has announced a framework for electronic trading platforms.
The Reserve Bank of India has released futher guidelines around hedging, this time simplifying hedges under US$30 million in a move to improve access for SMEs.
The RBI amends rules to allow IBUs to offer various financial products. The changes mean companies won’t have to go abroad to access buyer credits, an expert says.
M&A deals will be subject to greater public participation and scrutiny if India’s securities regulator gets its way. In short, CFOs will need to better engage all shareholders on such matters.
It remains to be seen whether India’s move to new accounting standards will get a belated boost in the upcoming budget, but progress is being made elsewhere in the region.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.