India

Crypto / Digital Assets

India’s Tax Department Joins RBI in Crypto Warnings

By | 09/01/2026

Officials cite difficulties in monitoring cross-border crypto transactions and enforcing tax rules, reinforcing regulatory caution.

Securities / Derivatives

SEBI Notifies New Stock Broker Regulations, Tightens Governance

By Nithya Subramanian | 09/01/2026

SEBI has overhauled three-decade-old stockbroker rules to strengthen governance, risk management, and investor protection while simplifying compliance and improving ease of doing business.

Market Infrastructure

SEBI Forms Working Group to Chart Technology Roadmap for MIIs

By Nithya Subramanian | 09/01/2026

The working group will develop a short- and long-term technology roadmap MIIs, focusing on emerging digital solutions including AI, DLT and tokenisation.

Securities / Derivatives

SEBI Introduces Uniform Compliance Reporting Framework for SIFs

By Nithya Subramanian | 09/01/2026

SEBI has revised the Compliance Test Report to standardise how mutual funds and asset managers report compliance for Specialised Investment Funds.

ESG / Sustainability

RBI Proposes Cooling-Off Period for Co-operative Bank Directors

By Nithya Subramanian | 09/01/2026

The RBI has proposed tighter board governance rules for urban and rural co-operative banks, including a cooling-off period to prevent directors from bypassing tenure limits.

Market Infrastructure

India’s CCIL Seeks to Revise Default Fund Liability Rules

By Nithya Subramanian | 09/01/2026

CCIL has proposed capping clearing members’ default fund replenishment obligations at five times contributions over a rolling 30-day period.

Capital / Liquidity

RBI Consults on Prudential Framework for Bank Dividends

By Nithya Subramanian | 08/01/2026

The prudential norms will link banks’ dividend payouts to profitability and capital strength, introduce graded payout caps, and tighten oversight of profit remittances.

Securities / Derivatives

India Considers Tax Exemption for Sovereign Wealth Funds’ Equity Gains

By Nithya Subramanian | 07/01/2026

The proposal to extend tax exemptions to equity investments by SWFs and other long-term funds is expected to revive foreign inflows, following sharp portfolio outflows from Indian markets in 2025.

AML / KYC

India’s IFSCA Updates AML/CFT and KYC Framework in GIFT City

By Nithya Subramanian | 06/01/2026

The revised guidelines sharpen beneficial ownership thresholds, expanding digital KYC norms and reinforcing a risk-based compliance approach for entities operating in GIFT City and other IFSCs.