India

AML / KYC

Indian Authorities Work to Resolve Insolvency-PMLA Conflict

By Nithya Subramanian | 08/10/2025

Authorities have agreed on a framework to align overlapping powers under the Insolvency and Bankruptcy Code and the Prevention of Money Laundering Act.

Securities / Derivatives

India’s Supreme Court to Examine Constitutional Validity of Securities Tax

By Nithya Subramanian | 08/10/2025

The petitioner claims Securities Transaction Tax violates fundamental rights and results in double taxation on market trades.

AML / KYC

India’s ED Finds OctaFX Netted INR 8bn from Illegal Trades

By Nithya Subramanian | 08/10/2025

The ED is investigating the forex and crypto trading platform for money laundering, after uncovering a sophisticated, transcontinental fraud and money laundering operation.

ESG / Sustainability

RBI Proposes New Framework on Lending to Related Parties

By Mark Johnston | 07/10/2025

The draft directions introduce a scale-based approach for board approvals and expands the definition of related parties.

Securities / Derivatives

RBI Opens Corporate Debt Market to Foreign Holders of Rupee Vostro Accounts

By Nithya Subramanian | 07/10/2025

The RBI has expanded the investment avenues for Special Rupee Vostro Account balances, now allowing non-residents to purchase corporate bonds and commercial paper.

Capital / Liquidity

RBI Proposes Market-Based Overhaul of External Borrowing Rules

By Nithya Subramanian | 07/10/2025

The RBI has proposed allowing companies to borrow up to USD 1 billion or 300% of net worth and raise funds at market-determined rates.

Market Infrastructure

Fast Payment Pricing a Balancing Act for APAC Regulators: BIS Paper

By Manesh Samtani | 07/10/2025

A new BIS paper highlights the trade-offs between driving adoption and ensuring long-term viability, with varied pricing approaches seen across Asia.

RBI Proposes to Ease Rules for Foreign Branch, Office Establishment

By Nithya Subramanian | 07/10/2025

RBI has proposed easing eligibility norms, simplifying closure procedures, and granting greater operational freedom to foreign entities establishing offices or branches in India.

Securities / Derivatives

India's NSE to Revise Derivatives Lot Sizes from 28 October

By Nithya Subramanian | 06/10/2025

Weekly and monthly contracts will transition to new sizes beginning with the January 2026 expiry, while quarterly and half-yearly contracts will transition from 30 December 2025.