Asia Pacific: Collaborative confusion

Author: | Published: 24 Jan 2014

A lack of certainty about India's investment environment is a long-standing and near-universal complaint. While the Securities and Exchange Board of India (Sebi) and Reserve Bank of India (RBI) seem to recognise this problem, their actions are missing the point – more rules aren't helping.

For example, new regulations allowing private Indian companies to list overseas for a trial period of two years have somehow created more confusion. While these rules...