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Wealthy Indians are now being allowed to invest in offshore funds in financial centers like Singapore. In the past month, around four ultra-high net worth individuals have been permitted to remit money to foreign funds whose managers are regulated. This development is being closely followed by private wealth managers and financial experts catering to rich clients. Previously, the Reserve Bank of India (RBI) had imposed restrictions on overseas investments, including the requirement that investments in overseas funds be made only in "regulated funds".
Institutional Limited Partners Association sets out Guidance to participate actively in continuation fund process, suggesting they also believe these transactions will continue as a popular exit strategy for certain assets.
Greenwashing is an evolving issue involving exaggerated or misleading claims about the sustainability or environmental benefits of a product, service, or business.
On February 7, the Securities and Exchange Commission's (SEC) Division of Examinations (Division) published its examination priorities for 2023.1 According to this statement, the Division's mission.