India

Capital / Liquidity

India to Allow Overseas Listings by Domestic Firms, Starting in GIFT City

By Editors | 31/07/2023

India will permit companies to list directly on GIFT City exchanges, and later, in other specified overseas jurisdictions.

AML / KYC

SEBI Considers Tweaks to Derivatives Market Onboarding Process

By Sanday Chongo Kabange | 31/07/2023

SEBI dismissed media reports that suggested the regulator was seeking to impose curbs on retail participation in derivative markets.

AML / KYC

India Arrests Four in Bribery Case, Including Ministry Officials

By Editors | 31/07/2023

CBI arrested four individuals, including three Ministry of Corporate Affairs officials, in a bribery case linked to Alok Industries.

RBI Greenlights 92 Special Rupee Accounts to Enhance Bilateral Trade

By Editors | 30/07/2023

RBI authorised 20 banks to open 92 Special Rupee Vostro Accounts with various countries, aiming to simplify trade and promote more robust FX markets.

Securities / Derivatives

SEBI Launches Framework for Corporate Debt Support Fund

By Editors | 29/07/2023

During periods of market stress, the fund will step in to buy investment-grade debt securities from secondary markets.

Market Infrastructure

India: AMC Repo Clearing Launches Triparty Bond Repo Solution

By Editors | 29/07/2023

Eight entities participated in repo transactions on the first day of the new service from AMC Repo Clearing.

AML / KYC

SEBI Mandates LEI for All Non-Individual FPIs

By Editors | 27/07/2023

SEBI is requiring foreign portfolio investors to include their LEI in registration and account opening forms.

ESG / Sustainability

RBI to Issue Guidance on Climate-related Credit Risks for Banks

By Mark Johnston | 26/07/2023

The RBI is also working on a disclosure framework for climate-related financial risks and guidance on climate scenario analysis.

Securities / Derivatives

SEBI Amends Rules to Enhance Corporate Bond Market Liquidity

By Editors | 26/07/2023

SEBI amends rules to boost corporate bond liquidity in the secondary market, streamline participation and enhance efficiency.