India

Securities / Derivatives

SEBI Denies Allegations of Conflict of Interest in Adani Probe

By Ajoy K Das | 14/08/2024

Hindenburg Research said SEBI has slow-walked a probe into the Adani Group because of its links to the regulator’s chairperson.

Fintech / Regtech

RBI Proposes to Introduce Public Repository for Digital Lending Apps

By Ajoy K Das | 13/08/2024

The repository will serve as a comprehensive list of digital lending apps that are operated by RBI regulated entities such as banks and NBFCs.

AML / KYC

FATF Calls on India to Enhance Scrutiny of Domestic PEPs – Report

By Ajoy K Das | 12/08/2024

The FATF calls for tighter account opening scrutiny for domestic PEPs and their families, and more rigorous monitoring of their bank accounts.

Fintech / Regtech

India NPCI Signs MoU to Introduce UPI to Maldives

By Ajoy K Das | 12/08/2024

A key component of the agreement is ensuring payment system interoperability to enable cross-border transactions and strengthen global connectivity for Maldives.

Securities / Derivatives

SEBI Outlines Work Priorities for 2024-2025 Fiscal Year

By Ajoy K Das | 10/08/2024

SEBI’s work plan includes the planned establishment of two new institutions for data benchmarking and performance validation.

Securities / Derivatives

SEBI Proposes Enhanced Reporting Requirements for Foreign VC Firms

By Ajoy K Das | 10/08/2024

Foreign venture capital investors will have to provide SEBI with granular breakdowns of investments by type and industry sector.

Crypto / Digital Assets

India Has “No Proposal” to Regulate Crypto Beyond Tax, AML

By Ajoy K Das | 09/08/2024

MOF official told Parliament the government will coordinate with global standard-setting bodies before considering any measures domestically.

RBI Shortens Frequency of Credit Reporting to 15 Days

By Ajoy K Das | 08/08/2024

Contraventions by credit information companies and credit institutions to attract penal action The Reserve Bank of India (RBI) has issued […]

Securities / Derivatives

SEBI to Revamp Rules for Investment Advisors, Research Analysts

By Ajoy K Das | 08/08/2024

Eligibility requirements for registration are being relaxed. Additional disclosure will be required for IAs/RAs that use AI tools.