India

Fintech / Regtech

Evolving Indian Regulations: Future-Proofing the Banking Regulatory Ecosystem

By Manesh Samtani | 10/04/2025

Insights from a Nasdaq-led discussion, moderated by Regulation Asia, discussing regulatory change, the reporting ecosystem, data management practices, and related technology.

AML / KYC

SEBI Mandates Use of ‘1600’ Phone Number Series to Curb Fraud

By Nithya Subramanian | 10/04/2025

SEBI has asked customers to exercise caution with calls from generic mobile numbers that may be used by malicious actors.

Big Picture

India’s Financial Regulators Need Greater Independence: Report

By Nithya Subramanian | 08/04/2025

Report by the IMF and World Bank raises concerns over the MOF’s ability to overturn regulatory decisions, including those by RBI.

Fintech / Regtech

SEBI Extends Implementation Deadline for New Algo Trading Rules

By Mark Johnston | 08/04/2025

The stock exchanges asked for additional time to finalise implementation standards that are still in discussion with the Brokers’ Industry Standards Forum (ISF).

Fintech / Regtech

Asian Central Banks to Jointly Establish Multilateral Payments Scheme

By Manesh Samtani | 07/04/2025

RBI, BNM, BSP, MAS and BOT aim to make the Nexus platform a scalable multilateral model for connecting instant payment systems globally.

Capital / Liquidity

RBI Issues Master Direction on Bank Deposit Interest Rates

By Nithya Subramanian | 04/04/2025

The directive requires banks to set clear rules for deposit interest calculation, which must be uniform across all branches and for all customers.

Securities / Derivatives

SEBI Explores Allowing Foreigners Direct Access to Indian Stocks

By Nithya Subramanian | 03/04/2025

The new proposal will bypass the existing FPI framework. It aims to expand India’s investor base and boost market liquidity.

Securities / Derivatives

CSRC Approves Full UBS Ownership of Securities JV in China

By Nithya Subramanian | 03/04/2025

UBS will become the full owner of UBS Securities in China. The bank has also finished absorbing Credit Suisse entities in India.

Capital / Liquidity

Initial Margin Rules for OTC Derivatives Take Effect in India

By Manesh Samtani | 02/04/2025

The IM and VM rules were initially meant to come into force at the same time, but implementation of the IM rules was deferred last November.