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India strengthens regulatory oversight for SMEs

EditorPollock Mondal
Published 09/26/2023, 08:17 AM
Updated 09/26/2023, 08:17 AM
© Reuters.

In a move to bolster financial integrity, India has tightened its regulatory oversight on Monday. The nation's regulator and exchanges have extended rules to include more small and medium-sized enterprises (SMEs) that are prone to manipulation and have less compliance.

The new regulations are part of an ongoing effort by Indian authorities to enhance transparency and accountability in the business sector, particularly among SMEs. The stricter oversight is expected to deter fraudulent activities and foster a healthier financial environment.

This development follows a series of similar measures taken by regulators worldwide as they grapple with the challenges of ensuring market fairness in an increasingly complex financial landscape.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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