Dr. M. S. Sahoo and Mr. Sumit Agrawal in the Business Standard have analyzed recent issues with respect to AT1 bonds and allegations of mis-selling.
The authors examine the rationale of issuance, purchasing and selling, and regulation of AT1 bonds in the aftermath of the global financial crisis. They discuss the issue of writing off of YES Bank Limited AT1 bonds and Credit Suisse AT1 bonds. The piece further discusses various concerns that have been raised due to these write offs and how it is an inverse logic to the very fundamentals of finance.
One may access and read the full Business Standard article below.
Mr. Sumit Agrawal and Dr. M. S. Sahoo have in the recent past authored a series of articles on various significant policy issues in the financial regulatory field. These include writing on issues of ‘Orders prohibiting persons from associating with the securities market’ (link to the article: https://lnkd.in/dm_K3cWq ), ‘Issuance of warning’ by SEBI is case of any of its provisions, directions or orders (link to the article: https://lnkd.in/dSbXBFh3), ‘An interim SEBI order must not be open-ended’ (link to the article: https://bit.ly/3irEmad ), ‘Is it wrong to penalise CCI Appeals?’ (link to the article: https://lnkd.in/dyiH8Mik)
Regulatory law enthusiasts can read the recent attached article. Also one may provide feedback to Regstreet Law Advisors at info@regstreetlaw.com
