India

The RBI has integrated all its supervision functions into a unified 'Department of Supervision', and its regulatory functions into a unified 'Department of Regulation'.

The higher margins apply to stocks with a higher levels of promoter pledges, market cap, trader concentration and volatility.

SEBI and the US SEC are probing Infosys after whistleblowers alleged costs were under-reported to inflate profits and "critical information" was hidden from auditors and the board.

SEBI says issuers have shown an interest in listing their commercial paper on stock exchanges to capture broader investor participation.

Auditors proposing to resign must first report all of the issues that may be hindering the audit process to the audit committee of the listed company.

A new cybersecurity framework has been issued for KYC registration agencies. Stockbrokers, depository participants, registrars and transfer agents are asked to submit their quarterly reports by end-November.

Following the $560mn fraud detected at PMC Bank, the RBI is ordering all cooperative banks in the country to perform their daily reporting via the new system.

Domestically listed companies will be allowed to issue depository receipts on certain international bourses as well as on GIFT City exchanges.

The regulatory has prescribed new limits for debt mutual funds’ investment in unlisted, unrated and credit enhanced securities, and tightened sector and group level exposure limits.

The inter-ministerial committee comprises senior officials from government departments, ministries, law enforcement agencies and regulatory bodies, including the RBI, SEBI and IRDAI.