<h1>Experts Discuss Legal Safeguards for Business Amid Global Financial Challenges; India Implements Reforms to Boost Investment.</h1> A round table discussion in St. Petersburg addressed the legal security of business transactions amid global financial challenges. Key points included the impact of the financial crisis, such as the subprime crisis and Lehman Brothers' collapse, on global economies. India, less affected due to internal debt financing, is implementing reforms to boost foreign investment. The country has enacted the Foreign Exchange Management Act and established CIBIL for credit information. Legal reforms, including amendments to the Arbitration Act and the introduction of commercial courts, aim to enhance investment security. The need for uniform accounting standards and international legal mechanisms was emphasized to prevent future crises.