India

Securities / Derivatives

SEBI Proposes Framework for Price Discovery of Investment Companies

By Ajoy K Das | 22/04/2024

A special call-auction may be enabled for listed investment companies and investment holding companies.

Crypto / Digital Assets

Binance, KuCoin to Return to India as Compliant Crypto Exchanges

By Ajoy K Das | 19/04/2024

Binance will pay a $2mn penalty and return to India as a registered firm. Kucoin announced its return last month.

Crypto / Digital Assets

Two US Senators Propose New Payment Stablecoin Bill

By Mark Johnston | 19/04/2024

The proposed legislation would impose registration and operational requirements on stablecoin issuers, and require them to publicly disclose their reserve assets.

India Working on New Corporate Insolvency Frameworks

By Ajoy K Das | 18/04/2024

Frameworks for cross-border and group insolvencies are expected to come into effect after India’s national elections are over in June.

Fintech / Regtech

RBI Proposes New Regulations for Payment Aggregators

By Ajoy K Das | 18/04/2024

The proposed regulations stipulate new net worth requirements for payment aggregators facilitating face-to-face transactions.

Securities / Derivatives

India to Establish Panel of Regulators to Assess Derivatives Risks

By Ajoy K Das | 17/04/2024

The panel will be set up to assess potential systemic risks emerging from a surge in derivatives trading in India.

Capital / Liquidity

RBI Issues Directions to Foster Loan Pricing Transparency

By Ajoy K Das | 17/04/2024

All regulated entities will have to provide a Key Facts Statement to borrowers of retail and MSME loans from 1 October 2024.

Securities / Derivatives

RBI Permits Use of GIFT City OTC Segment to Hedge Gold Price Risk

By Ajoy K Das | 17/04/2024

Resident entities can hedge gold price risks using OTC derivatives in GIFT City, in addition to exchange-traded derivatives.

Securities / Derivatives

India’s NSE Cautions Investors of Deep Faked Videos of CEO

By Ajoy K Das | 11/04/2024

The exchange said investors should not follow advice coming from deepfaked videos of its CEO recommending stocks.