India

PEPs & Sanctions

US Sanctions Human Smuggling Network Led by Indian-Mexican National

By Nithya Subramanian | 03/11/2025

OFAC sanctioned Bhardwaj Human Smuggling Organization, its leader, and 16 related companies for trafficking migrants and laundering illicit profits across multiple countries.

Cybersecurity

Indian Banks Switch to '.bank.in' Domain on RBI Cybersecurity Mandate

By Editors | 03/11/2025

The move, which had an October 31 deadline, aims to combat phishing and bolster customer confidence in digital banking services.

Clearing & Post-Trade

SEBI Delays T+0 Stock Settlement Rollout for Brokers Again

By Editors | 03/11/2025

SEBI cited technological and operational readiness challenges at major brokers for the second postponement of the optional same-day settlement system.

Fraud, Scams & Cybercrime

India’s Enforcement Directorate Uncovers Scams Run by Chinese Nationals

By Nithya Subramanian | 01/11/2025

A new report found that Chinese nationals masterminded large-scale instant loan and cryptocurrency scams in India, funnelling over INR 280 billion through shell companies and digital payment channels.

Clearing & Post-Trade

India's ICCL Unifies Penalty Framework for Market Limit Violations

By Editors | 31/10/2025

The new framework introduces a consolidated penalty structure for trading and position limit violations across equity, currency, and lending segments.

Trading & Investment

India: HDFC Bank Executives Placed on Leave for Bond Mis-selling

By Nithya Subramanian | 31/10/2025

HDFC Bank is investigating claims that customers were mis-sold Credit Suisse’s AT1 bonds, following compliance lapses flagged by Dubai’s financial regulator.

Anti-Money Laundering

India’s CBI Says Shell Firms Routed Yes Bank Funds to Anil Ambani Group

By Nithya Subramanian | 31/10/2025

The probe found a network of “Project Infrastructure Layering Entities” used to disguise fund transfers from Yes Bank to Reliance Group subsidiaries.

Structural Regulation

SEBI Mandates Phased Overhaul of Key Financial Market Indices

By Manesh Samtani | 31/10/2025

SEBI has set new eligibility criteria for key financial indices, mandating phased changes to be completed by March 2026.

Reporting & Disclosures

India ICAI Revamps Code of Ethics to Strengthen Audit Independence

By Nithya Subramanian | 31/10/2025

The new code introduces stricter independence requirements, ESG-related standards, and enhanced guidance for professionals in assurance and non-assurance roles.