India

Crypto / Digital Assets

Coinbase Discussing Market Re-entry With Indian Regulators

By Nithya Subramanian | 17/02/2025

Coinbase initially entered the Indian market in 2022 but was later forced to suspend operations.

AML / KYC

SEBI Sets New Standards for Related Party Transactions

By Nithya Subramanian | 15/02/2025

From 1 April, listed entities will have to provide more details when seeking audit committee and shareholder approval for related party transactions.

Capital / Liquidity

India: SFBs Permitted to Link Pre-Approved Credit Lines to UPI

By Mark Johnston | 12/02/2025

Small finance banks now permitted to use pre-approved credit lines to fund UPI transactions, subject to customer consent.

Market Infrastructure

RBI Allows SEBI-registered Non-bank Brokers Access to NDS-OM

By Nithya Subramanian | 12/02/2025

Non-bank brokers can directly access NDS-OM on behalf of clients. This is expected to enhance retail trading of G-Secs.

Fintech / Regtech

RBI to Boost Security of Cross-border CNP Transactions

By Nithya Subramanian | 11/02/2025

The RBI proposes to require an additional factor of authentication for card-not-present  transactions initiated by overseas merchants or acquirers

Market Infrastructure

RBI to Review Trading, Settlement Timings of Financial Markets

By Editors | 10/02/2025

A working group will review trading and settlement timings for RBI-regulated financial markets such as interest rate and FX markets.

Enforcement

APAC Governments Impose Restrictions on Use of DeepSeek

By Mark Johnston | 10/02/2025

South Korea, India, Australia and Taiwan have imposed restrictions on using DeepSeek on government devices.

AML / KYC

ByBit Pays $1m Penalty to Re-enter Indian Crypto Market

By Nithya Subramanian | 10/02/2025

Bybit has paid a penalty and registered with FIU-IND, after having suspended services in India last month.

Capital / Liquidity

RBI Cuts Interest Rates and Defers New Banking Rules

By Manesh Samtani | 08/02/2025

The interest rate cut is the first in nearly five years. Implementation of three major banking regulations will be deferred.