Wednesday, June 15, 2016

Markets Regulator tightens P-note norms

The SEBI has tightened norms for the participatory notes as part of its efforts to curb money laundering through this route. The SEBI board approved the proposal to increase disclosure requirements for issuance of P-notes, which would enable the regulator to know the beneficial owners of these instruments at any point of time.

0 comments:

Post a Comment