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Opportunities and challenges of regulatory convergence in In financial sector

Various opportunities accompany the merger of the Securities Exchange Board of India with the Forward Markets Commission, as announced in the 2015-16 union budget. At the same time, important regulatory and developmental challenges have to be overcome for instilling efficiency in the market, along...

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Bibliographic Details
Main Author: Ghosh, Nilanjan
Format: Article
Language:English
Published: 2015
Description
Summary:Various opportunities accompany the merger of the Securities Exchange Board of India with the Forward Markets Commission, as announced in the 2015-16 union budget. At the same time, important regulatory and developmental challenges have to be overcome for instilling efficiency in the market, along with promoting investor protection. Whether the merger is the beginning of financial market regulatory convergence or merely a one-off incident can only be known with developments over time. Similar types of opportunities and challenges may arise in generally adopting regulatory convergence in India.
Physical Description:64 - 70