However, the execution could be easier said than done, considering the multiple challenges and bottlenecks that to be cleared. For instance, it could require significant amount of harmonisation in terms of guidelines and taxation rules.
"There will challenges like announcement timings of price-sensitive information that directly impacts global investors. Further, there will guidelines required for money movement between countries and, of course, taxation issues. But these are not unsur-mountable problems," said an investment banker.
Firms based in the UK and Germany have been listed in the US markets since ages, the banker pointed out. Even many Indian startups are registered in Singapore, as PE and VC investors are comfortable with the stable tax regime. When those countries have been able to resolve issues, there is no reason to believe we cannot do so, said the banker.
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