India

Cryptocurrency

NYDFS Proposes Enhanced Requirements for Crypto Token Listings

By Manesh Samtani | 20/09/2023

Licensees will have to board-approved policies for listing and delisting coins. NYDFS asks firms to start drafting their coin-delisting policies now.

Alternative Markets

SEBI Overhauls Quarterly Reports for Alternative Investment Funds

By Mark Johnston | 15/09/2023

The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.

Capital Adequacy

RBI Revises Norms for Banks’ Investment Portfolios

By Manesh Samtani | 15/09/2023

The RBI said the revisions will enhance the quality of financial reporting, bolster the corporate bond market, and strengthen bank risk management.

Emerging Prudential Risks

RBI Releases List of Upper Layer NBFCs for 2023-24

By Mark Johnston | 14/09/2023

Under the new regulatory framework, the 15 upper layer NBFCs will be subject to heightened regulatory requirements for a minimum of five years.

Structural Regulation

SEBI Allows REIT, InvIT Unitholders to Nominate Board Members

By Editors | 13/09/2023

REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.

Structural Regulation

SEBI Orders Brickwork Ratings to Revamp Board, Rating Process

By Mark Johnston | 13/09/2023

SEBI initially tried to cancel Brickwork’s credit rating agency licence but the order was quashed on appeal and SEBI was directed to issue a fresh order.

Conduct, Culture & Accountability

RBI Sets 30-day Deadline for Lenders to Return Property Documents

By Mark Johnston | 13/09/2023

The RBI directed regulated entities to release all original property documents to customers within 30 days after personal loans are fully repaid.

Trading & Investment

India to Explore Allowing Domestic Firms to Directly List in London

By Editors | 13/09/2023

India’s government will explore the London Stock Exchange as an international destination for the direct listing of Indian companies.

Trading & Investment

NSE India Granted Approval for Crude Oil, NatGas Options

By Editors | 12/09/2023

NSE India already launched rupee-denominated WTI crude oil and natural gas futures contracts in May 2023. The new options contracts will launch on 23 October.