Markets & Infrastructure

Market Abuse

SEBI Issues Penalties Framework for MII Surveillance Lapses

By Ajoy K Das | 10/06/2024

SEBI will impose penalties for surveillance-related lapses based on annual turnover and the number of lapses during a financial year.

Trading & Investment

SEBI Proposes Tighter Rules for Stock Derivatives

By Ajoy K Das | 08/06/2024

SEBI proposes to adjust the market parameters for eligibility to ensure that only high-quality stocks are eligible.

Clearing & Post-Trade

SEBI Mandates Direct Payout of Securities to Investor Accounts

By Ajoy K Das | 08/06/2024

SEBI said implementation standards will be formulated by 5 August, ahead of full implementation on 14 October.

PEPs & Sanctions

Whistleblower Alleges AWS Breached UK Sanctions – Report

By Editors | 08/06/2024

A former AWS employee alleges he was unfairly dismissed for raising concerns about facial recognition technology being illegally supplied to Russia.

Structural Regulation

US Court Vacates New SEC Rule for Private Fund Advisers

By Nithya Subramanian | 07/06/2024

The appeals court ruled that the SEC “exceeded its statutory authority” by adopting the new rule for private fund advisers.

Structural Regulation

Japan Designates Four Cities as Special Asset Management Zones

By Editors | 07/06/2024

The government will work with Tokyo, Osaka, Sapporo, and Fukuoka to develop an attractive environment for asset managers.

Conduct, Culture & Accountability

SEBI Warning Letter to ICICI Bank Over Investor Outreach

By Ajoy K Das | 07/06/2024

ICICI Bank called shareholders of its securities unit seeking their votes to approve a delisting plan.

Trading & Investment

CSRC Addresses Market Fears About Stock Delistings

By Editors | 07/06/2024

The CSRC said there won’t be a significant increase in the number of delisted companies in the short term.

Payments & Settlements

Significant Progress Made on Cross Border Payments: CPMI

By Manesh Samtani | 07/06/2024

More work is needed to integrate cross-border projects with domestic systems, and to extend the operating hours of key payment systems.