India

Anti-Money Laundering

Agricultural Bank of China Fined $215mn in New York

By Samuel Riding | 07/11/2016

Bank alleged to have hidden transactions passing through a branch.

Market Abuse

SEBI ‘Reconsidering’ Record Fine

By Samuel Riding | 02/11/2016

Tribunal asks regulator to ‘set aside’ fine of USD1bn for illegal investment fund raising.

Structural Regulation

SEBI Unveils Stricter Rating Agency Rules

By Samuel Riding | 02/11/2016

Agencies have 60 days to comply with new rules on non-public and publicly issued stocks.

Credit Risk

SEBI to Revamp Credit Rating Rules

By Samuel Riding | 26/10/2016

New regulations aim to minimise conflict of interest, ensure independent rating decisions.

Resolution & Recovery

India’s Bank Resolution Bill Could Face Hurdles – Fitch

By Samuel Riding | 25/10/2016

New draft bill aiming to resolve bank failures challenged on several fronts, rating agency says.

Cybersecurity

India to Boost Cyber Security

By Samuel Riding | 24/10/2016

Regulators will form better policy framework, enhance monitoring after alleged malware attack.

Market Abuse

India’s NSE Launches HFT Forensic Audit

By Samuel Riding | 19/10/2016

Deloitte asked to looking into audit systems, investigate brokers and officials amid ‘fair access’ violations.

Anti-Money Laundering

Indian Investigators Probe P-Note Data

By Samuel Riding | 13/10/2016

Regulator hands over list of beneficial owners and transfer trails for P-note investments.

Trading & Investment

SEBI to Tighten Investment Adviser Rules

By Samuel Riding | 10/10/2016

Revisions aim to address gaps and overlapping laws and standard regulations