1.

Record Nr.

UNINA9910821489003321

Titolo

India : : Financial Sector Assessment Program—Detailed Assessments Report on IOSCO Objectives and Principles of Securities Regulation

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

1-4843-9682-0

1-4843-3417-5

1-4843-0075-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (106 p.)

Collana

IMF Staff Country Reports

Disciplina

338.1029367

Soggetti

Finance - India

Accounting

Finance: General

Investments: General

Industries: Financial Services

General Financial Markets: General (includes Measurement and Data)

Public Administration

Public Sector Accounting and Audits

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Finance

Investment & securities

Public finance accounting

Securities

Stock markets

Accounting standards

Securities markets

Mutual funds

Financial institutions

Financial markets

Public financial management (PFM)

Financial instruments

Stock exchanges

Finance, Public

Capital market

India Economic conditions



India

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; Contents; Glossary; Executive Summary; I. Introduction; II. Information and Methodology Used for the Assessment; III. Institutional Structure; IV. Market Structure; Tables; 1. Corporate Bonds; V. Preconditions for Effective Securities Regulation; VI. Main Findings; 2. Summary Implementation of the IOSCO Principles and Objectives of Securities Regulation; VII. Recommended Action Plan and Authorities' Response; 3. Recommended Action Plan to Improve Implementation of the IOSCO Principles; VIII. Detailed Assessment

4. Detailed Assessment of Implementation of the IOSCO Principles Annex; I. Status of Implementation of the New IOSCO Principles

Sommario/riassunto

This paper discusses findings of the assessments on International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for India. India exhibits significant progress in the implementation of the IOSCO Principles vis-à-vis the assessment concluded in 2000. The Securities and Exchange Board of India (SEBI) faces three main challenges that altogether impact the effectiveness of the supervisory programs for issuers and securities intermediaries: strengthening the supervision approach toward securities intermediaries, improving mechanisms to ensure compliance of issuers with reporting requirements, and mechanisms to ensure compliance with accounting and auditing requirements. SEBI is aware of such challenges, and some measures are currently being implemented to address them.