INDIA

Market Infrastructure

SEBI Eyes Lower Mutual Fund TER Limit

By Samuel Riding | 15/06/2016

Regulator could eventually limit total expense ratios to 1.5 percent.

Market Infrastructure

RBI Finalises Bad-loan Conversion Scheme

By Samuel Riding | 14/06/2016

Indian banks can convert up to half of loans held by corporate borrowers into securities.

Market Infrastructure

India to Ease Access for Foreign Fund Managers

By Samuel Riding | 13/06/2016

SEBI will also loosen REIT investment, sponsor, offer size and related-party transaction rules.

Securities / Derivatives

India to Relax Start-up Listing Rules

By Samuel Riding | 07/06/2016

Institutional Trading Platforms have yet to receive any listing applications.

Market Infrastructure

SEBI Issues Commodity Warehousing Consultation

By Samuel Riding | 06/06/2016

Proposals include ban on warehouse managers trading on exchanges which use their services.

AML / KYC

RBI Tells Banks to Implement Cybersecurity Plans

By Samuel Riding | 03/06/2016

Financial institutions told to put plans in place immediately, categorise their level of risk.

Market Infrastructure

India Tightens Fund Redemption Rules

By Samuel Riding | 01/06/2016

Funds can only restrict redemptions in four circumstances, including market failure.

Market Infrastructure

BSE to Sell 30% Stake in IPO

By Samuel Riding | 01/06/2016

Exchange to set up committee of selling shareholders, aims to raise USD120 million.

India to Crack Down on Deposit Scams

By Samuel Riding | 31/05/2016

Regulatory loopholes have allowed credit-cooperative pyramid schemes to thrive.