New Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing compliance costs. Mandatory listing requirements could prove onerous for many CICs, particularly those not seeking public market access. The AUM-based approach may present challenges for these entities, especially regarding listing and governance.
​New Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing compliance costs. Mandatory listing requirements could prove onerous for many CICs, particularly those not seeking public market access. The AUM-based approach may present challenges for these entities, especially regarding listing and governance. by Soban News (international And National News)
