The OCCRP says Adani Group breached India's minimum public shareholding rules. SEBI is waiting for information from five foreign jurisdictions to confirm.
NPCI and Payments NZ are in early discussions regarding the use of the UPI system to establish a cross-border payment link.
The requirements cover data backups, the ability to rebuild critical systems, ransomware attack drills, and cyber audits.
The platform will enable banks to share real-time information that can be used to stop digital fraud and trace the funds.
SEBI proposes to reduce the minimum issue size and the minimum application size to facilitate more fund-raising for NPOs.
Supported by Enterprise Singapore, DBS Bank completed the transaction in partnership with Maptrasco using IMDA's TradeTrust framework.
SEBI-registered intermediaries and regulated entities would also be required to stop disbursing referral fees to unregistered entities such as “finfluencers".
FPIs will have to disclose all their owners if they hold over 50% of their India AUM in a single corporate group.
The new mechanism aims to ensure that investors can only pay fees to investment advisors and research analysts that are registered.
BRICS officials will develop measures to reduce their reliance on the USD in trade, in favour of using local currencies.
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