India

AML / KYC

SEBI Uncovers Money Laundering in NSEL Scam

By Samuel Riding | 02/09/2016

Report cites instances of unauthorised modification of unique client codes.

Market Infrastructure

BSE-ICCL Launch FPI Handbook

By Samuel Riding | 02/09/2016

SEBI-backed handbook for foreign investors available in 8 languages.

Market Infrastructure

RBI Said to Consider ‘Nodal Agency’ to Track P2P Lending

By Samuel Riding | 01/09/2016

P2P regulations expected to be issued in the coming days as Raghuram Rajan prepares to leave office.

Market Infrastructure

RBI to Draft Guidelines for ‘Niche’ Banking

By Samuel Riding | 30/08/2016

India’s central bank aims to move away from universal bank model; boost financial inclusion.

Capital / Liquidity

RBI Issues Directions for NBFC

By Samuel Riding | 28/08/2016

‘Master Directions’ include rules on NBFC accepting client deposits and standalone primary dealers.

Capital / Liquidity

RBI Proposes ‘Large Exposure’ Framework

By Samuel Riding | 26/08/2016

Framework would align exposure norms with BCBS recommendations.

AML / KYC

India, Abu Dhabi Regulators Ink Cooperation Pact

By Samuel Riding | 26/08/2016

SEBI has already signed 22 MoUs with other regulators; sent 44 assistance request to other jurisdictions in 2015/16.

Capital / Liquidity

SBI to Raise $1.6bn in Tier 1 Capital

By Samuel Riding | 26/08/2016

Bank to issue USD- and INR-denominated Basel III-compliant perpetual debt.

Securities / Derivatives

Five India Brokers Sued for Mis-selling

By Samuel Riding | 26/08/2016

Civil cases follow Enforcement Directorate, SEBI investigations into alleged $836mn scam.