India

SEBI is considering requiring depositories, depository participants, and custodians to feed beneficial ownership information into a central database.

GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.

The advisory calls on firms to take into account concentration risk when outsourcing multiple critical services to the same third party vendor.

NSE said the social stock exchange would provide a new avenue for social enterprises to finance social initiatives.

SEBI proposes to require at least one sponsor to hold units throughout the life of a REIT/InvITs, to align their interests with other unitholders.

The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.

This is the first time the RBI has published a list of entities that sought approval to act as online payment aggregators.

French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.

The service is available in Singapore via DBS and Liquid Group, and in India via Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India.

The problem statements relate to digital banking services, priority sector lending, CBDC transactions, and blockchain scalability.