India

Liquidity Risk

RBI Tightens Norms for HFCs to Align with NBFCs

By Ajoy K Das | 14/08/2024

The regulatory changes, effective January 2025, cover requirements on liquid assets and handling of public deposits, among other areas.

Market Abuse

SEBI Denies Allegations of Conflict of Interest in Adani Probe

By Ajoy K Das | 14/08/2024

Hindenburg Research said SEBI has slow-walked a probe into the Adani Group because of its links to the regulator’s chairperson.

Data Privacy

RBI Proposes to Introduce Public Repository for Digital Lending Apps

By Ajoy K Das | 13/08/2024

The repository will serve as a comprehensive list of digital lending apps that are operated by RBI regulated entities such as banks and NBFCs.

PEPs & Sanctions

FATF Calls on India to Enhance Scrutiny of Domestic PEPs – Report

By Ajoy K Das | 12/08/2024

The FATF calls for tighter account opening scrutiny for domestic PEPs and their families, and more rigorous monitoring of their bank accounts.

Payments & Settlements

India NPCI Signs MoU to Introduce UPI to Maldives

By Ajoy K Das | 12/08/2024

A key component of the agreement is ensuring payment system interoperability to enable cross-border transactions and strengthen global connectivity for Maldives.

Market Data & Technology

SEBI Outlines Work Priorities for 2024-2025 Fiscal Year

By Ajoy K Das | 10/08/2024

SEBI’s work plan includes the planned establishment of two new institutions for data benchmarking and performance validation.

Structural Regulation

SEBI Proposes Enhanced Reporting Requirements for Foreign VC Firms

By Ajoy K Das | 10/08/2024

Foreign venture capital investors will have to provide SEBI with granular breakdowns of investments by type and industry sector.

Cryptocurrency

India Has “No Proposal” to Regulate Crypto Beyond Tax, AML

By Ajoy K Das | 09/08/2024

MOF official told Parliament the government will coordinate with global standard-setting bodies before considering any measures domestically.

Credit Risk

RBI Shortens Frequency of Credit Reporting to 15 Days

By Ajoy K Das | 08/08/2024

Contraventions by credit information companies and credit institutions to attract penal action The Reserve Bank of India (RBI) has issued […]