India

Cryptocurrency

Singapore Court Grants WazirX Four-Month Conditional Moratorium

By Nithya Subramanian | 27/09/2024

The moratorium allows WazirX four months to resolve customer losses from a $230mn hack the company suffered in July.

Trading & Investment

SEBI Cuts Debt Securities Listing Timeline in Half

By Editors | 27/09/2024

The new timeline will be optional for public issues of debt securities and NCRPS for the first year and mandatory thereafter.

Structural Regulation

SEBI Eases Reporting Requirements for Market Participants

By Ajoy K Das | 27/09/2024

SEBI said the changes will achieve about INR 2 billion in cost savings for the market ecosystem over the next five years, while also enhancing efficiency and productivity.

Structural Regulation

SEBI Establishes New Outreach Cell for Foreign Investors

By Ajoy K Das | 26/09/2024

The cell is tasked with providing guidance to FPIs on applications and compliance processes, and offering support during onboarding.

Anti-Money Laundering

India to Ask FATF to Bring Online Gaming Under AML Framework

By Ajoy K Das | 26/09/2024

India is seeking to require online gaming companies to adhere to KYC norms and report suspicious transactions.

Structural Regulation

SEBI Issues Guidelines for Performance Evaluations of MIIs

By Ajoy K Das | 26/09/2024

Independent external agencies must conduct evaluations of market infrastructure institutions every three years.

Trading & Investment

SEBI Amends Regulations for Voluntary Delisting of Shares

By Ajoy K Das | 25/09/2024

SEBI has introduced a fixed price process as an alternative to the reverse book-building process to enable companies to go private more easily.

Payments & Settlements

SEBI Mandates Use of UPI for Public Issues of Debt Securities

By Ajoy K Das | 25/09/2024

Retail investors applying for public issues of debt securities via intermediaries will have to use the UPI fund blocking mechanism.

Structural Regulation

SEBI Launches Consultation to Simplify FPI Registration

By Nithya Subramanian | 25/09/2024

SEBI has proposed only collecting information that is unique to FPI applicants in order to save time and effort.