Wednesday, 25 May 2016

Penalising P-Notes (South Asia Monitor)

It has for long been a complaint of domestic investors that, while their stock market investments are put through the wringer with onerous know-your-customer norms, some foreign investors get away scot-free by using offshore derivative instruments (also known as Participatory Notes)

http://southasiamonitor.org/detail.php?type=eco&nid=17174

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