Clearing corporations to maintain liquid assets after margins of INR5 million.
Securities Commission 2017 annual report reveals eligibility and application requirements for digital investment management; first robot-advisory license to be granted in 2018.
Foreign companies will be able to set up individual entities, but must keep systems and data onshore.
Central bank plans adoption of blockchain for interbank settlements, bond issuance; leading banks launch joint initiative on blockchain based letters of credit.
FSC to exempt approved fintechs from regulations, encourage the use of such new technologies including blockchain.
Head of Financial Reporting Council says overhaul of accountancy regulation will not meet international standards.
FSC to amend financial services legislation to enhance investor protection by requiring funds to release manager compensation; new rules for easing fund...
Hong Kong investors will pay half the normal withholding tax rate on the interest earned on their investments in India.
Key facilitators for money laundering include shell companies and trusts, alternative banking platforms, trade based activities, real estate, casinos.
White paper calls for industry collaboration to develop common response and recovery standards and contingencies to mitigate impending attack.