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Supervision & Enforcement
RBI Imposes Restrictions on Two Edelweiss Group Firms
By Ajoy K Das | 31/05/2024
The Edelweiss companies were found to be acting in concert to “evergreen” stressed loans and circumvent regulations.

Conduct, Culture & Accountability
SEBI Launches Beta Version of Settlement Calculator
By Ajoy K Das | 31/05/2024
The settlement calculator will help to simplify the process of arriving at indicative amounts for settling probes by SEBI.

Payments & Settlements
India to Bring UPI to 20 Countries by 2029: RBI
By Ajoy K Das | 31/05/2024
India is exploring FPS and multilateral inter-linkages with countries in the EU and South Asia, the RBI said in its annual report.

Structural Regulation
SEBI Issues Guidelines on Investor Protection Fund for Commodities Segment
By Ajoy K Das | 30/05/2024
Stock exchanges with a commodity derivative segment must set up an Investor Protection Fund for claims against defaulting trading members.

Trading & Investment
SEBI Issues New Protocol for Commodity Trading Outages
By Ajoy K Das | 29/05/2024
In the event of a disruption, stock exchanges have to inform SEBI immediately and market participants within 15 minutes.

Market Data & Technology
SEBI Issues Rules on Sharing Real-time Price Data with Third Parties
By Ajoy K Das | 28/05/2024
Regulator aims to check misuse of real-time share price data by online platforms including gaming apps, fantasy games and virtual stock portfolio.

Stablecoins
Nomura Announces New Project to Launch Stablecoins
By Mark Johnston | 28/05/2024
Nomura Holdings has announced a partnership with GMO Internet Group and Laser Digital Holdings to launch JPY and USD stablecoins.

Alternative Markets
SEBI Proposes New Valuation Approach for Unlisted Securities of AIFs
By Ajoy K Das | 28/05/2024
Securities such as unlisted securities, non-traded, thinly-traded and those below investment grade should adopt the IPEV Guidelines.

KYC & CDD
India Tightens Scrutiny of Foreign Beneficial Ownership
By Ajoy K Das | 28/05/2024
India’s Registrar of Companies has already imposed penalties on executives of Microsoft and others for violating beneficial ownership disclosure norms.

Trading & Investment
SEBI Modifies Dynamic Price Bands for Derivatives Scrips
By Ajoy K Das | 25/05/2024
SEBI modified a rule for adjustments to dynamic price bands for scrips in the derivatives segment.
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