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.
ESG / Sustainability
India Makes Green Bonds Available to Non-resident Investors
09/11/2023
The RBI has listed sovereign green bonds floated during the current financial year as available under the “Fully Accessible Route”.
Capital / Liquidity
Bangladesh Issues New Draft Rules for Stock Dealers and Brokers
09/11/2023
The rules will require stock dealers and brokers to separate management from ownership, and meet higher paid-up capital requirements.
Fintech / Regtech
RBI Finalises New Master Directions on IT Governance
08/11/2023
The master directions, effective from 1 April 2024, specify the IT governance responsibilities of the board and senior management.
Market Infrastructure
SEBI Working on Allowing Instant Settlement in Equities Trading
07/11/2023
SEBI is exploring instant settlement in a “non-disruptive manner” and will only introduce it after all concerns are addressed, an official said.
Securities / Derivatives
India AMCs Get New Guidance on Display of Returns
07/11/2023
The new guidelines are a response to concerns from SEBI that some AMCs have been engaging in misleading advertising.
Fintech / Regtech
IRDAI Directs Insurers to Join RBI’s Account Aggregator Ecosystem
03/11/2023
The inclusion of insurance firms in the AA ecosystem is expected to benefit agents, mutual fund distributors, and other service intermediaries.
Securities / Derivatives
SEBI Revises Offer Document Format for Mutual Fund Schemes
03/11/2023
The simplified format will streamline the dissemination of information to mutual fund investors.
RBI Announces Regulatory Framework for Cross Border Transactions
02/11/2023
Non-banks facilitating import and export payment transactions must initially have a minimum net worth of INR 150 million.
Securities / Derivatives
India Paves the Way for Foreign Listing of Public Companies
02/11/2023
One of the first jurisdictions that will be permitted is expected to be GIFT City. Other foreign jurisdictions will be considered thereafter.
AML / KYC
India Tightens Beneficial Interest Disclosure Rules for LLPs
01/11/2023
The disclosures will ensure transparency of the identity of the ultimate person behind the LLPs including related party transactions.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team