India

Securities / Derivatives

SEBI Mandates Mark-to-Market Valuation for Mutual Fund Repo Transactions

By Editors | 27/11/2024

Mutual fund investments in repo transactions with tenors up to 30 days shall be valued on a mark-to-market basis.

Securities / Derivatives

SEBI Proposes to Diversify Ownership of Clearing Corporations

By Editors | 26/11/2024

SEBI proposes two options to diversify ownership of clearing corporations to allow them to operate as public utilities free from commercial, profit-making considerations.

Securities / Derivatives

SEBI Abolishes Mandatory Security Deposit for Public Issues

By Mark Johnston | 26/11/2024

SEBI has removed the mandatory one percent security deposit for public issues, aiming to simplify business operations.

Enforcement

US Authorities Charge Billionaire Gautam Adani for Bribery, Fraud

By Nithya Subramanian | 21/11/2024

The SEC also filed a complaint saying Adani induced US investors to buy $175mn in bonds by misrepresenting an aversion to paying bribes.

Fintech / Regtech

RBI to Launch Public Cloud for Financial Services Industry

By Editors | 19/11/2024

The RBI programme will use only local IT firms to offer cloud data storage to financial firms at affordable prices.

Fintech / Regtech

SEBI Proposes Reforms to Make Firms Responsible for AI Use

By Nithya Subramanian | 19/11/2024

SEBI is proposing amendments that will make MIIs, intermediaries and other regulated entities accountable for their use of AI/ML tools.

AML / KYC

SEBI Simplifies Registration Process for Certain FPI Applicants

By Nithya Subramanian | 18/11/2024

Eligible FPIs can submit an abridged application form, reducing duplication and streamlining the registration process.

Capital / Liquidity

RBI Releases 2024 List of Domestic Systemically Important Banks

By Nithya Subramanian | 14/11/2024

SBI, HDFC, and ICICI remain India’s three D-SIBs. SBI and HDFC have to meet a higher CET1 requirement from April 2025.

Securities / Derivatives

RBI Expands Trade Reporting Requirements to Include FX Spot Deals

By Editors | 12/11/2024

The new reporting requirements are aimed at ensuring the RBI has a more complete view of the FX market for monitoring and regulatory purposes.