‘Implementing Sebi’s proposal may see a decline in the value of ODI investments’
The capital markets regulator’s proposal to increase disclosures to address the regulatory arbitrage for foreign investments in Indian markets has led to mixed reactions. The Securities and Exchange Board of India (Sebi) on Tuesday proposed to harmonize disclosure requirements of Foreign Portfolio Investments (FPIs) by extending the same to subscribers of Offshore Derivative Instruments (ODI) … Read more