No Indian summer

Asia Risk FX Review & Outlook 2009 - Regulation

p25-indiansummer-jpg

India's derivatives market is in the spotlight again, after currency movements left some small and medium-sized companies with mark-to-market (MtM) losses big enough to threaten them with bankruptcy. Around 15 of the worst-hit organisations have now filed lawsuits alleging mis-selling, in the hope that judges can be persuaded to declare the contracts void.

It is the first time that derivatives in India have reached the courtroom - and lawyers warn that the initial wave of cases is being monitored

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: