The introduction of the unified Goods and Services Tax in India was initially a jolt to the system but companies are now happy to see everyone batting on the same playing field.
The RBI will let non-residents participate in the interest rate swap markets, introduce a mandatory loan component in working capital finance and allow rupee 'swaptions'
Regulators are placing increasing importance on codes of conduct. While compliance might not be strictly essential, your licence to trade could hinge on it in future.
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.
The central bank seeks to establish a list of commodities that can be hedged by all companies with direct exposure. In step, it also plans to allow greater FX hedging activity.
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.