ADVERTISEMENT
Securities / Derivatives
SEBI Directs Fund Managers to Disclose Risk in All Promo Materials
By Editors | 06/09/2021
SEBI has clarified that asset managers should disclose scheme “risk-o-meters” in all disclosures including promotional material from 1 October.
AML / KYC
SEBI Issues Guidelines on Accredited Investors Framework
By Editors | 05/09/2021
New circular covers eligibility criteria, validation for accreditation, the procedure to avail benefits linked to accreditation, and flexibility for investors to withdraw consent.
Securities / Derivatives
RBI to Enable Settlement of G-secs through ICSDs
By Editors | 04/09/2021
The move will enhance access for non-resident investors and facilitate the inclusion of Indian G-secs in global bond indices.
Securities / Derivatives
SEBI Tweaks Guidelines for Exchanges on Market Maker Use
By Editors | 03/09/2021
A one-year validity period is introduced for any board approval to introduce a liquidity enhancement scheme for a security, and removes a cap on how long it can be used.
Fintech / Regtech
RBI Halts Plan to Allow New Umbrella Entities in Retail Payments
By Editors | 01/09/2021
The decision is reportedly based on data security concerns following recent breaches at payment firms and non-compliance by global payment giants with India’s data localisation rules.
Market Infrastructure
India Financial Reporting Authority Seeks Auditor Oversight Powers
By Editors | 31/08/2021
The National Financial Reporting Authority is preparing a draft bill to propose to the government that will grant it greater financial autonomy and broader regulatory powers.
Fintech / Regtech
India Targets December for CBDC Pilot Testing
By Sanday Chongo Kabange | 31/08/2021
RBI governor Shaktikanta Das said the central bank is studying various aspects of a digital rupee with a view to conducting trials in December.
Market Infrastructure
ASIFMA Warns SEBI Against Move to T+1 Settlement
By Ranamita Chakraborty | 30/08/2021
SEBI has established a panel of experts to look into moving from T+2 to T+1. ASIFMA says such a move will prove problematic for global investors.
Capital / Liquidity
RBI Panel Proposes New Regulatory Framework For UCBs
By Sanday Chongo Kabange | 26/08/2021
The RBI panel recommends a four-tier structure for regulating UCBs, and the establishment of an umbrella organisation to oversee them.
Enforcement
Indian Police Arrest Karvy Stock Broking Founder for Fraud
By Editors | 25/08/2021
The case dates back to 2019, when the brokerage was found to have pledged client securities at banks to secure loans for use as working capital.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.