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Crypto / Digital Assets
Singapore Court Grants WazirX Four-Month Conditional Moratorium
By Nithya Subramanian | 27/09/2024
The moratorium allows WazirX four months to resolve customer losses from a $230mn hack the company suffered in July.
Securities / Derivatives
SEBI Cuts Debt Securities Listing Timeline in Half
By Editors | 27/09/2024
The new timeline will be optional for public issues of debt securities and NCRPS for the first year and mandatory thereafter.
Securities / Derivatives
SEBI Eases Reporting Requirements for Market Participants
By Ajoy K Das | 27/09/2024
SEBI said the changes will achieve about INR 2 billion in cost savings for the market ecosystem over the next five years, while also enhancing efficiency and productivity.
Securities / Derivatives
SEBI Establishes New Outreach Cell for Foreign Investors
By Ajoy K Das | 26/09/2024
The cell is tasked with providing guidance to FPIs on applications and compliance processes, and offering support during onboarding.
AML / KYC
India to Ask FATF to Bring Online Gaming Under AML Framework
By Ajoy K Das | 26/09/2024
India is seeking to require online gaming companies to adhere to KYC norms and report suspicious transactions.
Market Infrastructure
SEBI Issues Guidelines for Performance Evaluations of MIIs
By Ajoy K Das | 26/09/2024
Independent external agencies must conduct evaluations of market infrastructure institutions every three years.
Securities / Derivatives
SEBI Amends Regulations for Voluntary Delisting of Shares
By Ajoy K Das | 25/09/2024
SEBI has introduced a fixed price process as an alternative to the reverse book-building process to enable companies to go private more easily.
Securities / Derivatives
SEBI Mandates Use of UPI for Public Issues of Debt Securities
By Ajoy K Das | 25/09/2024
Retail investors applying for public issues of debt securities via intermediaries will have to use the UPI fund blocking mechanism.
Securities / Derivatives
SEBI Launches Consultation to Simplify FPI Registration
By Nithya Subramanian | 25/09/2024
SEBI has proposed only collecting information that is unique to FPI applicants in order to save time and effort.
Market Infrastructure
SEBI Eases Financial Disincentive Rules for Technical Glitches at MIIs
By Ajoy K Das | 25/09/2024
Financial disincentives for key executives will no longer be triggered automatically in the event of a technical glitch at an MII.
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