Think tanks are increasingly assisting the government and regulators for better drafted regulations, howsoever much incumbents and vested interests want status quo
Two weeks back, on 4 May 2018, capital markets regulator Securities and Exchange Board of India (Sebi) uploaded a five-page document that I thought should have made more news. Titled Consultation Paper on Review of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009, it is a call for public comments on a big rehaul of the Indian capital issue regulations. The document links to three annexures that read over 369 pages with details of regulations that were changed or deleted and the reason for it, the draft regulations and the schedules. Post public comments, the draft regulations will go to the Sebi board soon.