The RBI has set up a working group to create a roadmap for settling international remittances using CBDCs.
The NCLAT also clarified that NFRA has retrospective jurisdiction to investigate and take necessary action if required even for periods prior to its creation in 2018.
The Finance Ministry mandated in March that crypto firms would have to comply with India's AML laws.
The new mandatory three-day timeline from IPO close to listing took effect on 1 December, and will benefit both issuers and investors.
The BOE recognises the "primacy" of the RBI in supervising India-based CCPs and agrees to rely on home country regulation and supervision.
IFSC codes shall be used only for cross border remittances to IBUs in GIFT City, not in domestic payment systems.
The revised framework proposes a dedicated supervisory framework for Special Situation Funds, and a prohibition on investing in related parties.
A meeting with banks and payments firms was convened by federal authorities in the wake of recent disruptions at Uco Bank and Bank of Baroda
SEBI will implement same day settlement in equities trading by March 2024, and optional instantaneous settlement a year later.
The regulator has proposed revising its insider trading regulations to make it easier for senior management to trade in company shares.
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