India

AML / KYC

SEBI to Allow Fund Sales on E-commerce Platforms

By Samuel Riding | 28/06/2016

Mutual fund association developing recommendations of panel on digitisation of financial services.

Market Infrastructure

Shareholders of Indian Stock Exchanges Approve Listings

By Samuel Riding | 27/06/2016

BSE and NSE advance listing plans, with the latter under pressure from major shareholders.

Market Infrastructure

India Confirms to Follow Basel OTC Norms

By Samuel Riding | 24/06/2016

RBI issues draft guidelines based on BCBS framework; implementation set for April 2017.

Market Infrastructure

India Set to Scrap Start-up Exchange Plans

By Samuel Riding | 23/06/2016

Securities regulator considering whether start-ups should be able to list on main exchanges.

Market Infrastructure

SEBI Moots Offshore Fund Manager Classification

By Samuel Riding | 22/06/2016

Securities regulator proposes minimum net worth requirement of INR20mn.

Market Infrastructure

RBI Governor Rajan to Step Down

By Samuel Riding | 20/06/2016

RBI governor decides not to renew term, will return to academia.

Market Infrastructure

Singapore’s GIC Bidding for NSE Stake

By Samuel Riding | 17/06/2016

Sovereign wealth fund teams up with local PE firm ChrysCapital to buy 5% stake in Indian exchange.

Market Infrastructure

BSE to Test Trading at Disaster Recovery Site

By Samuel Riding | 16/06/2016

BSE (Bombay Stock Exchange) will conduct a mock trading session from a disaster recovery site in Hyderabad to test the strength of its systems.

Market Infrastructure

SEBI Eyes Lower Mutual Fund TER Limit

By Samuel Riding | 15/06/2016

Regulator could eventually limit total expense ratios to 1.5 percent.