India

Crypto / Digital Assets

NYDFS Finalises Enhanced Requirements for Crypto Token Listings

By Editors | 16/11/2023

New guidance enhances the risk assessment standards in coin-listing policies and requires licensees to also develop coin-delisting policies.

Press Release

Regulation Asia Awards for Excellence 2023 – Results Announcement

By Editors | 15/11/2023

Regulation Asia held its sixth annual Awards ceremony on 14 November 2023. Here we explain our methodology and announce the winners for the year.

Securities / Derivatives

India’s AMFI Issues Guidelines for Execution-only Mutual Fund Platforms

By Ajoy K Das | 13/11/2023

The guidelines come ahead of an end-November deadline for platforms selling direct mutual fund schemes to register with AMFI.

Market Infrastructure

Calcutta Stock Exchange Looking to Resume Operations Soon

By Ajoy K Das | 13/11/2023

The Calcutta Stock Exchange was forced to stop operating its equities trading platform in April 2013 due to regulatory and compliance issues.

Fintech / Regtech

RBI Seeking to Explore Linkage Between UPI and Japan

By Ajoy K Das | 12/11/2023

RBI governor Shaktikanta Das said a fast payment linkage between India and Japan could help make cross-border payments more efficient and less costly.

Fintech / Regtech

RBI Report Highlights Growing Role of Fintech in Providing Credit

By Ajoy K Das | 09/11/2023

Regulation needs to be quick and nimble to promote access and growth while ensuring financial stability, the report says.

ESG / Sustainability

India Makes Green Bonds Available to Non-resident Investors

By Ajoy K Das | 09/11/2023

The RBI has listed sovereign green bonds floated during the current financial year as available under the “Fully Accessible Route”.

Fintech / Regtech

RBI Finalises New Master Directions on IT Governance

By Ajoy K Das | 08/11/2023

The master directions, effective from 1 April 2024, specify the IT governance responsibilities of the board and senior management.

Sanctions

New York State Fines Payments Company for Weak Sanctions Controls

By Editors | 07/11/2023

Payoneer settles with New York State for USD 1.2 million for compliance failings after paying OFAC USD 1.4 million in 2021.