TITLE

India's regulators ease requirements on depository receipt issuance

AUTHOR(S)
Kentouris, Chris
PUB. DATE
January 2000
SOURCE
Securities Industry News;01/31/2000, Vol. 12 Issue 5, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decision of India's Ministry of Finance and the Reserve Bank of India to abolish the requirement that local companies file paperwork with the two agencies before issuing either Global Depositary Receipts or American Depositary Receipts. Move that could boost business for United States banks; Depositary receipts as a popular means of raising capital abroad.
ACCESSION #
2832998

 

Related Articles

  • India's Finance Ministry Publishes Report on a New Scheme For DRs. Du Chenne, Janet // Global Custodian News;2014, p23 

    India's Ministry of Finance has published a report recommending allowing over-the-counter (OTC) non-capital-raising American depositary receipt (ADR) programmes on any kind of securities.

  • India's Finance Ministry Publishes Report on a New Scheme For DRs. Du Chenne, Janet // Global Custodian News;2014, p37 

    India's Ministry of Finance has published a report recommending allowing over-the-counter (OTC) non-capital-raising American depositary receipt (ADR) programmes on any kind of securities.

  • Big Time. Jones, Forrest // Latin Trade (English);Dec2004, Vol. 12 Issue 12, p12 

    Reports on the assistance provided by Chilean stock brokerage Larrain Vial for supermarket chain operator Distribución y Servicio to issue equity on U.S. markets without help from a U.S. bank. Amount raised by the supermarket chain in its offering; Equity sold in the U.S. as American...

  • Foreign Banks. HADDAD, ANTHONY W. // Equities;Winter2009, Vol. 58 Issue 5, p32 

    The article focuses on American Depository Receipts (ADR) of select foreign banks. The Global Competitiveness Report by the World Economic Forum indicated that the U.S. ranked 108th in terms of soundness of the banking industry. Featured foreign banks include Banco Santander S.A., Banco...

  • ADR Arbitrage Recognized.  // Practical Accountant;Mar2002, Vol. 35 Issue 3, p14 

    Focuses on the significance of an arbitrage transaction of American Depository Receipts (ADR) in the United States. Resale of ADR without the right to dividends; Importance of the transaction to federal income tax; Issues in disallowing taxpayer identification and capital losses.

  • Protest pays off.  // Accountancy;Jun86, Vol. 97 Issue 1114, p51 

    Reports on the decision of the Chancellor of the Exchequer of Great Britain to reduce the tax on the conversion of British shares into American Depositary Receipts (ADR). Criticism of the proposal from British and U.S. brokers; Prevention of British institutions from avoiding stamp duty by...

  • Study Finds DR Programs Boost Shareholder Value.  // Global Finance;Jul/Aug2003, Vol. 17 Issue 7, p13 

    Reports on the impact of U.S. depository receipt programs on shareholder value. Increase in financial disclosure; Improvement in liquidity.

  • LATIN AMERICA ADR INDEX. Platt, Gordon // Global Finance;Apr2002, Vol. 16 Issue 4, p18 

    Presents an index of American depository receipts in Latin America as of April 2002.

  • EUROPE ADR INDEX. Platt, Gordon // Global Finance;Apr2002, Vol. 16 Issue 4, p18 

    Presents an index of American depository receipts in Europe as of April 2002.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics