India

Structural Regulation

SEBI to Ease Disclosure Rules for Non-convertible Securities

By Ajoy K Das | 13/05/2024

SEBI proposed to remove requirements to disclose the PAN and personal addresses of promoters.

Trading & Investment

RBI Relaxes Margin Requirements for Derivatives

By Ajoy K Das | 13/05/2024

Regulatory amendments are intended to make it easier for foreign investors to invest in derivatives.

Market Risk

RBI Finalises Margin Rules for Non-Cleared OTC Derivatives

By Manesh Samtani | 13/05/2024

The master direction on VM and IM exchange for non-centrally cleared OTC derivatives will enter into force from 8 November 2024.

KYC & CDD

RBI Lifts Restrictions on Bank of Baroda Mobile App

By Ajoy K Das | 12/05/2024

The bank was barred from onboarding customers on its ‘BoB World’ app following misuse by employees.

Anti-Money Laundering

RBI Directs NBFCs to Limit Cash Disbursals for Gold Loans

By Ajoy K Das | 10/05/2024

The Income Tax Act prohibits any individual from receiving more than INR 20,000 as a loan amount in cash.

Structural Regulation

SEBI Standardises Reporting Format for Investment Advisers

By Ajoy K Das | 10/05/2024

Investment advisers will need to submit reports to IAASB in a standardised format every six months.

Trading & Investment

SEBI Rejects NSE Proposal for Extended Trading Hours

By Ajoy K Das | 08/05/2024

SEBI cited a lack of feedback from the stock broking community. NSE has now shelved its extended time frame plan.

Structural Regulation

India to Update Listing Rules for GIFT City Exchanges

By Ajoy K Das | 08/05/2024

The proposed listing regulations take into account standards from IOSCO and best practices from other jurisdictions.

PEPs & Sanctions

Russia Investing Accumulated Rupees in India – Reports

By Editors | 08/05/2024

Russia is no longer looking to repatriate its rupees as it can now invest in Indian stocks and government securities.