Ajoy K Das

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    Based in India, Ajoy is a financial and industrial journalist with three decades of experience with leading print media brands in the country and global news agencies like Reuters. Over the years, he has covered major Indian heavy manufacturing industries like mining and metals, energy, chemicals and petrochemicals, and financial markets with a focus on equities and regulation.

    Articles by Ajoy K Das

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    Securities / Derivatives

    Bangladesh Tightens Norms for Appointment of Auditors

    20/06/2024

    Market intermediaries are only allowed to appoint auditors from firms that are approved by BSEC. Errant auditors can be declared ineligible.

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    Market Infrastructure

    SEBI Issues Framework for System Audits of Clearing Members

    20/06/2024

    System audits should encompass “all the IT resources” of professional clearing members to identify any “major or minor non-compliances”.

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    Fintech / Regtech

    RBI Invites Applications for Recognition as NBFC Sector SROs

    20/06/2024

    SROs will be expected to develop standards for NBFCs, implement suitable surveillance, and share sectoral information with the RBI.

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    AML / KYC

    Sri Lanka Sign New MoUs to Help Combat Illicit Finance

    19/06/2024

    Sri Lanka’s FIU signed two new information exchange agreements, one with the bribery commission and the other with its counterpart in Bahrain.

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    Securities / Derivatives

    SEBI Mulls Measures to Contain Derivatives Trading Risks

    19/06/2024

    SEBI is considering raising options margin requirements, enhancing disclosures, and changing brokers’ fee structures, among other measures.

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    Crypto / Digital Assets

    Indian Court Rules Crypto Dealings Are Not Illegal

    19/06/2024

    The court said that mere dealing in cryptocurrency “cannot be treated as illegal in any manner” as existing financial laws do not define it as ‘money’.

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    Securities / Derivatives

    SEBI Tweaks Process for Allocating OFS Shares to Employees

    14/06/2024

    SEBI said employees will still be required to place bids on T+1, but such bids must be placed at the previous day’s cut-off price.

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    RBI Allows Banks to Give Importers Extra Operational Flexibility

    13/06/2024

    Banks maintaining special rupee vostro accounts are permitted to open an “additional special current account” for importers.

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    Securities / Derivatives

    SEBI Launches Free Programme to Boost Investor Education

    12/06/2024

    The investor certification examination aims to enhance digital financial education about investing in the Indian securities market.

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    Fintech / Regtech

    RBI Announces Launch of Global Anti-Fraud Hackathon

    12/06/2024

    The RBI is inviting innovations and solutions on real time prediction, detection and prevention of fraud in financial transactions.

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