ADVERTISEMENT
Market Infrastructure
RBI Extends LEI Deadlines for Non-Derivative Market Participants
By Editors | 29/04/2019
Participants in government securities, money markets and non-derivative forex markets will have until the end of this year to obtain LEIs.
Market Infrastructure
China, Indonesia, India Slow to Finalise Close-Out Netting Reforms
By Garima Chitkara | 24/04/2019
In its April quarterly round-up, ISDA detailed efforts in the three jurisdictions to ensure legal certainty on close-out netting, seen to be a critical issue for derivatives market development.
Crypto / Digital Assets
RBI Unveils Draft Framework for Regulatory Sandbox
By Editors | 19/04/2019
The framework details a comprehensive selection process to identify 10-12 entities to participate in the sandbox, including a 5 million rupee minimum net worth requirement.
Enforcement
Deloitte Indian Unit Under Investigation in IL&FS Case
By Editors | 16/04/2019
A letter from a whistleblower at Deloitte’s local India unit has triggered a malpractice investigation into its role as auditor for the troubled IL&FS group.
Fintech / Regtech
India to Strengthen Digital Payments with Blockchain
By Editors | 15/04/2019
The National Payments Corporation of India is soliciting interested partners to build a blockchain-powered digital payments platform for the country.
Market Infrastructure
RBI to Unify Complaints Handling for Digital Payments
By Editors | 10/04/2019
The RBI plans to speed up customer complaint processing and redressal times across all domestic payment platforms by end-June.
Capital / Liquidity
RBI Defers Mandatory Pegging of Loan Rates to External Benchmarks
By Editors | 08/04/2019
The RBI has deferred a requirement for banks to link loan rates to external benchmarks, citing difficulties the change presents to banks’ interest rate risk management.
Securities / Derivatives
RBI to Allow Non-Residents to Trade Interest Rate Derivatives
By Editors | 07/04/2019
Under draft rules, non-resident retail investors can hedge through interest rate derivatives; non-retail investors can participate for other specified purposes.
Capital / Liquidity
RBI to Draw Up New Guidance on Bad Debt Resolution
By Editors | 05/04/2019
The central bank will have to issue a revised circular for banks on bad debt resolution after a February 2018 circular was invalidated by the Supreme Court this week.
Capital / Liquidity
Vijaya, Dena Banks Start Operating as Bank of Baroda Branches
By Editors | 01/04/2019
The state-backed three-way merger of Vijaya Bank, Dena Bank and Bank of Baroda has taken effect, creating India’s third largest lender.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.