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Structural Regulation
India’s IFSCA Sets Norms for Appointing Independent Directors at MIIs
By Nithya Subramanian | 14/10/2025
The new framework requires PIDs to have expertise across capital markets, mandates regulator approval for all appointments, and introduces annual performance reviews.

Payments & Settlements
RBI Allows Exporters to Hold Foreign Currency Accounts in IFSCs
By Nithya Subramanian | 14/10/2025
The amendment also clarifies timelines for repatriation of export proceeds and formally brings IFSCs under the FEMA framework.

Payments & Settlements
NPCI, Razorpay, OpenAI Team Up to Pilot ‘Agentic Payments’
By Nithya Subramanian | 14/10/2025
In this initiative, AI and UPI converge in a bid to make digital payments more intuitive and inclusive, enabling secure, user-authorised transactions powered by intelligent assistants.

Sustainable Finance
HKEX Launches Dubai Unit to Develop Sustainable Metals Market
By Sanday Chongo Kabange | 14/10/2025
The new Dubai subsidiary will independently administer prices for sustainable metals, using a transaction-based methodology to establish 'green' premia.

Structural Regulation
SEBI Eases Disclosure Rules for Minor Related Party Transactions
By Nithya Subramanian | 14/10/2025
The relaxed disclosure norms reduce compliance burden on listed firms while maintaining transparency safeguards.

Structural Regulation
SFC Launches New Channel to Streamline REITs Authorisations
By Sanday Chongo Kabange | 14/10/2025
The SFC aims to cut REIT approval time to four weeks and ease documentary requirements for secondary offerings to boost the market.

Payments & Settlements
RBI Launches Digital Payment Innovations, Integrating AI and IoT with UPI
By Nithya Subramanian | 14/10/2025
New platforms include AI-powered customer support, frameworks for IoT and wearable payments, multi-signatory approvals for businesses, and a new system for managing credit lines directly on the UPI network.

Structural Regulation
Malaysia to Mandate New Islamic Benchmark Rate from July 2027
By Editors | 14/10/2025
BNM will replace the KLIRR with the MYOR-i, the world's first transaction-based Islamic rate, in a major structural reform.

Anti-Bribery & Corruption
Philippine SEC Chief Retracts PHP 1.7 Trillion Market Wipeout Claim
By Editors | 14/10/2025
A presidential aide labelled the figure 'fake news', with the stock exchange clarifying the actual loss was PHP 185 billion amid a widening corruption probe.

Data Privacy
CSRC Issues Three New Data Standards for Financial Industry
By Sanday Chongo Kabange | 14/10/2025
The initiative is aimed at standardising data governance for stock exchanges, asset-backed securitisation, and futures asset management.
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