India

Anti-Bribery & Corruption

US Charges Against Gautam Adani Have Had Extensive Impacts

By Manesh Samtani | 27/11/2024

Opposition parties demand parliamentary probe; Kenya cancels deals; Sri Lanka opens investigation; Global banks halting credit.

Trading & Investment

SEBI Mandates Mark-to-Market Valuation for Mutual Fund Repo Transactions

By Editors | 27/11/2024

Mutual fund investments in repo transactions with tenors up to 30 days shall be valued on a mark-to-market basis.

Clearing & Post-Trade

SEBI Proposes to Diversify Ownership of Clearing Corporations

By Editors | 26/11/2024

SEBI proposes two options to diversify ownership of clearing corporations to allow them to operate as public utilities free from commercial, profit-making considerations.

Structural Regulation

SEBI Abolishes Mandatory Security Deposit for Public Issues

By Mark Johnston | 26/11/2024

SEBI has removed the mandatory one percent security deposit for public issues, aiming to simplify business operations.

Anti-Bribery & Corruption

US Authorities Charge Billionaire Gautam Adani for Bribery, Fraud

By Nithya Subramanian | 21/11/2024

The SEC also filed a complaint saying Adani induced US investors to buy $175mn in bonds by misrepresenting an aversion to paying bribes.

Cloud & Infrastructure

RBI to Launch Public Cloud for Financial Services Industry

By Editors | 19/11/2024

The RBI programme will use only local IT firms to offer cloud data storage to financial firms at affordable prices.

AI Risk & Governance

SEBI Proposes Reforms to Make Firms Responsible for AI Use

By Nithya Subramanian | 19/11/2024

SEBI is proposing amendments that will make MIIs, intermediaries and other regulated entities accountable for their use of AI/ML tools.

Structural Regulation

SEBI Simplifies Registration Process for Certain FPI Applicants

By Nithya Subramanian | 18/11/2024

Eligible FPIs can submit an abridged application form, reducing duplication and streamlining the registration process.

Capital Adequacy

RBI Releases 2024 List of Domestic Systemically Important Banks

By Nithya Subramanian | 14/11/2024

SBI, HDFC, and ICICI remain India’s three D-SIBs. SBI and HDFC have to meet a higher CET1 requirement from April 2025.