The partnership will allow Indian customers and merchants in India with an active UPI ID to make and accept cross-border payments globally.
Since 2018, FPIs been allowed to trade exchange-traded commodity derivatives but only to hedge actual underlying exposures to physical commodities.
Exchanges may relax the daily price limit in “exceptional circumstance” to resolve price differences between local and overseas markets.
BSE has already conducted mock trading sessions for its members in a test environment to enable trading in electronic gold receipts.
The rules require CRAs to make certain disclosures and conduct independent due diligence on the nature of support provided by an external or third party.
Oracle subsidiaries in Turkey, the UAE, and India used slush funds to bribe foreign officials in return for business between 2016 and 2019.
Under the new system, funds for secondary stock market transactions would be blocked until securities settlement is done.
CCIL says market participants have expressed a desire since 2016 for it to provide the centralised infrastructure needed for UMR compliance.
Credit rating agencies are directed to strengthen their internal firewalls and formulate a policy on their separation/firewall practices by January 2023.
Around 200 chartered accountants are subject to a probe involving shell companies established in India by Chinese firms.
Loading more posts...
Sorry, no more posts
No more pages to load