India

Reports praise progress but suggest more can be done on governance at public sector banks, market infrastructure risk management, among other issues.

Nationwide survey reveals USD 3.5 billion in cryptocurrency transactions over 17-months; banks suspend services to exchanges to deter 'suspicious transactions'.

Ban relates to accounting fraud at software exporter Satyam Computer Services, where PwC was auditor.

Aadhaar throwing up issues around data security even as financial benefits of the nation-wide biometric identification system are unclear.

Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.

Securities regulator increases net worth requirement for agencies, requires separate legal entities for ‘non-core business’.

Greater RBI oversight and restructuring needed in addition to recapitalisation; High NPAs and problematic corporate balance sheets also pose challenges.

Gross NPAs and asset quality likely to worsen until September 2018 even as capital flows into equity and debt markets remain elevated.

Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.