India

Market Infrastructure

New SGX, NSE IX Platform to Add Nifty Liquidity

By Jill Wong | 04/07/2023

SGX says the new NSE IX-SGX GIFT Connect will help deepen the liquidity pool for Nifty products.

Market Infrastructure

SEBI Issues Rules Requiring CRAs to Name Uncooperative Issuers

By Sanday Chongo Kabange | 03/07/2023

SEBI has issued new rules to address the growing number of issuers refusing to provide information to CRAs to properly assess their credit risk.

Fintech / Regtech

RBI Launches New Centralised Information Management System

By Sanday Chongo Kabange | 03/07/2023

The new system uplifts the RBI’s ability to handle large data flows, aggregate data, perform analysis, disseminate information to the public, and engage with reporting entities.

AML / KYC

SEBI Approves Shorter IPO Timeline, New FPI Disclosures

By Editors | 29/06/2023

IPOs can list within three days instead of the current six days. FPIs will have to disclose additional information on ownership and control.

Enforcement

RBI Fines Credit Information Companies for Data Non-Compliance

By Ranamita Chakraborty | 28/06/2023

India’s central bank has taken collective action for the first time against all four credit information companies.

Market Infrastructure

SEBI to Introduce ‘UPI Block Facility’ for Equity Trading

By Editors | 26/06/2023

The facility allows investors to use blocked funds in their bank accounts for trading, instead of transferring them to the stock broker upfront.

Enforcement

SEBI Settles With NSE Over 2021 Trading Glitch

By Editors | 22/06/2023

NSE and NSE Clearing have to pay a combined $8.9mn to end proceedings over a 2021 glitch that cause a complete trading halt for over three hours.

Enforcement

SEBI Punishes 135 Entities Over Stock Manipulation Scheme

By Sanday Chongo Kabange | 21/06/2023

SEBI fined 135 entities and barred them from accessing the securities market over a stock manipulation scheme.

Securities / Derivatives

SEBI Mandates Simplified Stock Market Access for Clients

By Mark Johnston | 21/06/2023

Brokers are mandated to offer clients access to all active stock exchanges they are registered with by default.