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Kotak said they would look at helping Indian companies to raise foreign funds and work with Japanese companies operating in India.
FORBES: Billionaire Indian Banker Looks East
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The congressman is drafting legislation that would strengthen disclosure and transparency requirements by foreign companies seeking to raise funds on Wall Street.
CENTERFORSECURITYPOLICY: Center For Security Policy
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For its part, the Securities and Exchange Commission has yet to demand adequate disclosure with respect to where foreign firms seeking to raise funds in the U.S. capital markets -- to say nothing of their parent companies, subsidiaries or affiliates -- do business in the world and with whom.
CENTERFORSECURITYPOLICY: Center For Security Policy
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Peru's Congress is considering a bill that would raise the cap on foreign investment by pension funds, from 30% to 50% of their assets.
ECONOMIST: Latin America's economies
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While admittedly pursuing different agendas, all of these groups agree on certain basic principles, among them the need for considerably more information regarding the true identities, involvements and global activities of foreign governments and firms seeking to raise funds in our stock and bond markets.
CENTERFORSECURITYPOLICY: Center For Security Policy
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Since the 1997-98 Asian financial crisis, when falling currencies made it much more expensive to pay off foreign creditors, many emerging markets have been careful to raise funds for sovereign debt locally.
ECONOMIST: The new problem with Asian sovereign debt��scarcity
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In addition, he argues, Chinese firms might find it difficult to raise the large-scale funds they will need in the near future in the thinner-volume foreign markets.
CENTERFORSECURITYPOLICY: Center For Security Policy