Treasurers have long been frustrated by bureaucratic, protectionist rules from New Delhi; the latest reforms raise hopes the Modi government will deliver better.
Compliance in emerging markets might be getting easier, but it can still be a minefield for the uninitiated. Here are the top compliance trends in Asia’s most complex regulatory regimes.
Corporates facing bankruptcy in India will get a second chance before landing in insolvency court after RBI approves ‘provisional ratings’ based on restructure agreements.
India's central bank follows up an initiative to develop financial markets by simplifying how non-resident companies with less than $ 30 million of exposure do their hedging.
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.
India's central bank has reopened the flow of offshore rupee-denominated bond sales, but treasurers are more worried about rules preventing deals with related parties
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.
US financial institutions will be hardest hit by US regulatory change, but their counterparties and some end users – including corporates – are also likely to feel the impact.
With a referendum being held on June 23, a British exit from the European Union is now a distinct possibility. CT asks what the financial impact could be.