India looks to introduce hedge fund regulation

Taj Mahal in India

In early August, India joined the list of countries reworking domestic rules to regulate hedge funds. A concept paper by the country's regulator, the Securities and Exchange Board of India (Sebi), which includes the "indicative regulations", has been released for comments.

The draft Securities and Exchange Board of India (Alternative Investment Funds) Regulations 2011 includes provisions that would drastically alter the way the Indian fund management industry is run. The document is open for

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