India

    Data Privacy

    RBI Says Only Visa Complies With Data Localisation Rules

    By Ranamita Chakraborty | 19/08/2021

    Visa is the only foreign card network that complies with requirements for financial data on Indian customers to be stored locally, the RBI says.

    Liquidity Risk

    RBI Loosens Restriction on Foreign Sovereign Bond Holdings

    By Sanday Chongo Kabange | 19/08/2021

    Foreign sovereign bonds will not count towards a regulatory cap on holdings of overseas listed securities, the RBI reportedly told some banks in a notice.

    Structural Regulation

    RBI Launches New Index to Track Financial Inclusion Metrics

    By Editors | 18/08/2021

    The Financial Inclusoin Index for the period ending March 2021 measures at 53.9, compared to 43.4 for the period ending March 2017.

    Clearing & Post-Trade

    Depositories to Develop Platform for Monitoring Security Creation: SEBI

    By Editors | 18/08/2021

    SEBI is asking issuers, debenture trustees, and credit rating agencies to carry out necessary changes to ensure readiness to use the new DLT-based platform.

    Clearing & Post-Trade

    SEBI Creates Panel to Explore Move to T+1 Settlement – Report

    By Sanday Chongo Kabange | 16/08/2021

    A reduction to T+1 is expected to increase market liquidity and trading turnover, while also reducing settlement risk and broker defaults.

    Structural Regulation

    SEBI Combines Debt Securities Rules Into Single Regulation

    By Ranamita Chakraborty | 15/08/2021

    New operational guidelines cover non-convertible securities, securitised debt instruments, security receipts, municipal debt securities and commercial papers.

    Trading & Investment

    SEBI Mulls Measures to Enhance Corporate Bond Market

    By Ranamita Chakraborty | 13/08/2021

    SEBI is considering introducing a market maker programme and a backstop facility to improve liquidity in the corporate bond market, among other measures.

    Structural Regulation

    RBI Issues Consultation on Overseas Investments Rules

    By Editors | 11/08/2021

    The central bank said it wants to further liberalise the regulatory framework for overseas investment and promote ease of doing business.

    Trading & Investment

    GIFT City Exchanges to Permit Trading in International Stocks

    By Editors | 11/08/2021

    India INX and NSE IFSC are planning to launch trading in international stocks to provide new opportunities to retail investors.

    Structural Regulation

    SEBI Eases Lock-in Period for Promoters, Pre-IPO Investors

    By Sanday Chongo Kabange | 11/08/2021

    The lock-in period for promoters will be eased from 36 to 18 months. For pre-IPO investors, the lock-in will be reduced from 12 to 6 months.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.