<h1>Policy shocks - H-1B fee hike, proposed tariffs and foreign institutional outflows trigger market volatility and compliance, disclosure risks</h1> Stock indices fell in early trade after significant foreign institutional equity outflows and market concern over a steep increase in US H-1B visa fees and proposed tariff measures, which market participants say could disproportionately affect workers and exporters. The movements highlight regulatory and policy risk drivers-cross-border capital flight, trade barriers, and immigration fee changes-that may trigger heightened market volatility, potential securities disclosure obligations, and compliance challenges for affected firms. Continued policy-driven uncertainty could prompt regulatory scrutiny, investor litigation risk and reassessment of cross-border investment and staffing strategies.