Billionaire Family Offices Face New Scrutiny From Indian Regulator – Bloomberg
India’s markets regulator has begun discussions on bringing family offices under its oversight, as the nation’s billionaires become a growing force on exchanges, according to people familiar with the matter.
The discussions include asking family offices to disclose their entities, assets and investment returns for the first time, as well as a separate category to regulate the investment vehicles, said the people who asked not to be identified discussing private information.
