India

AML / KYC

India Finalises Online Gaming Rules, Imposing New Obligations on FIs

By Nithya Subramanian | 25/04/2026

New rules effective 1 May establish a gaming authority and prohibit FIs from processing transactions for prohibited online money games.

Fintech / Regtech

RBI Proposes Overhaul of Prepaid Payment Instrument Rules

By Nithya Subramanian | 24/04/2026

The draft rules introduce stricter capital norms for non-banks, new wallet categories, and mandate interoperability to bolster the payments ecosystem.

Sanctions

US Sanctions India-Based Firms in Sinaloa Cartel Crackdown

By Manesh Samtani | 24/04/2026

The sanctions target a global precursor chemical network, putting FIs on notice over transactions with designated entities in India, Guatemala and Mexico.

India to Overhaul Company Incorporation, Compliance Rules

By Nithya Subramanian | 24/04/2026

The MCA has issued draft rules aimed at simplifying procedures and reducing the compliance burden for businesses.

Fintech / Regtech

India, Japan Scrutinise Anthropic’s ‘Mythos’ AI Model Over Cyber Risks

By Nithya Subramanian | 24/04/2026

Regulators from India, Japan, Hong Kong, Australia and Korea are among those holding talks with banks amid fears the advanced AI could accelerate cyberattacks.

Fintech / Regtech

India, Korea Deepen Financial Ties with Regulatory, Payments Pacts

By Nithya Subramanian | 23/04/2026

The agreements include a regulatory MoU and a pact to integrate digital payment systems, aiming to boost investment and interoperability.

Securities / Derivatives

India's CCIL Seeks European Recognition to Ease Bond Trading

By Nithya Subramanian | 23/04/2026

The move follows a recent agreement between Indian and EU regulators, potentially lowering costs for European banks trading Indian debt.

Enforcement

India’s Fraud Office Summons Auditors in IndusInd Probe

By Nithya Subramanian | 23/04/2026

The investigation into alleged INR 20 billion accounting irregularities now includes major auditors associated with the bank over the past decade.

Fintech / Regtech

RBI Consolidates E-Mandate Rules, Includes Cross-Border Payments

By Nithya Subramanian | 22/04/2026

The new framework standardises rules for recurring payments, introduces higher AFA-free limits for key financial products, and enhances consumer protection.