India

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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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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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