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Payments & Settlements
India's IFSCA Issues New SWIFT Routing Rules for GIFT City Banks
By Editors | 02/03/2026
The new directives aim to resolve payment delays by ensuring cross-border remittances are correctly routed to IFSC Banking Units.

Structural Regulation
India’s NSE Invites Banks to Pitch for its Long-awaited IPO
By Nithya Subramanian | 02/03/2026
The NSE has begun soliciting proposals from investment banks and advisers as it advances plans for its expected IPO, which has received SEBI approval.

Market Abuse
US SEC Finalises Insider Trade Reporting Rules for Foreign Issuers
By Manesh Samtani | 02/03/2026
Foreign private issuers with securities listed in the US face new disclosure rules for directors and officers from 18 March 2026.

Structural Regulation
ASX Submits Plan to ASIC on Governance & Leadership Enhancements
By Sanday Chongo Kabange | 02/03/2026
The exchange operator has detailed governance changes and a plan to meet a AUD 150 million capital requirement from ASIC.
Payments & Settlements
India, Israel Explore UPI Linkage, Deepen Cooperation in AI and Cybersecurity
By Nithya Subramanian | 02/03/2026
The two countries agree to examine interoperability between India’s UPI and Israel’s fast payment system, while accelerating collaboration in AI, cybersecurity and free trade talks.

Fraud, Scams & Cybercrime
China Drafts Tough New Audit Law to Tackle Fraud & Misconduct
By Manesh Samtani | 02/03/2026
Draft law doubles fines for misconduct, introduces lifetime bans, and tightens entry rules for firms auditing listed companies.

Trading & Investment
SEBI Overhauls Mutual Fund Categorisation Rules, Caps Portfolio Overlap
By Nithya Subramanian | 02/03/2026
SEBI has capped portfolio overlap, introduced life-cycle funds, and scrapped solution-oriented schemes to reduce duplication and enhance investor clarity.

Capital Adequacy
RBI Eases Private Placement Rules for Co-operative Bank Umbrella Body
By Nithya Subramanian | 02/03/2026
The RBI has allowed the NUCFDC to raise capital from more than 200 subscribers through private share placements, aiming to help it onboard over 1,400 cooperative banks.

Payments & Settlements
CPMI Issues Updated ISO 20022 Data Rules for Cross-border Payments
By Manesh Samtani | 02/03/2026
CPMI sets end-2027 deadline for industry to align with harmonised data requirements aimed at improving payment speed and transparency.

Trading & Investment
SEBI Mandates Use of Domestic Benchmarks for Gold, Silver ETF Valuation
By Nithya Subramanian | 01/03/2026
The move, effective April 2026, replaces the London benchmark to better reflect local market conditions and improve transparency for investors.
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