Securities and Exchange Board of India

    Market Infrastructure

    India to Force Foreign Brokers to Store Data Locally

    By Editors | 15/01/2019

    SEBI plans to mandate that data on Indian customers be stored on local servers, or for a real-time backup to be created to enable access from within the country.

    Market Infrastructure

    India Introduces Cybersecurity Rules for Mutual Funds, Asset Managers

    By Editors | 11/01/2019

    Mutual funds and asset management companies must develop a cybersecurity policy document approved and regularly reviewed by their boards and trustees.

    Securities / Derivatives

    SEBI Instructs Brokers, Depository Participants to Report on AI, ML Systems

    By Editors | 07/01/2019

    Stock brokers and depository participants will have to report information on systems based on artificial intelligence and machine learning.

    Market Infrastructure

    SEBI to Upgrade Market Surveillance System and Data Warehouse

    By Editors | 04/01/2019

    India’s securities regulator is looking to beef up its IT infrastructure for market surveillance and trade data analysis to improve detection of market violations.

    Securities / Derivatives

    SEBI to Phase-In Physical Settlement of Equity Derivatives

    By Editors | 02/01/2019

    India’s securities regulator will introduce mandatory physical settlement of equity derivatives in a phased approach starting April 2019.

    Crypto / Digital Assets

    India Eyes Introduction of Sandbox Policy to Boost Capital Markets Innovation

    By Editors | 24/12/2018

    SEBI is examining whether legislative changes are required for the sandbox, as it seeks to enable the use of machine learning, artificial intelligence and blockchain in capital markets.

    Securities / Derivatives

    SEBI Amends Risk Management Framework for Equity Derivatives

    By Editors | 19/12/2018

    Initial margins must be collected before the next trading day (T+0), but CCPs may allow 2 days after the last margin collection before close-out of equity derivative positions.

    Securities / Derivatives

    SEBI Allows Mutual Funds to Segregate Distressed Assets in Portfolios

    By Editors | 13/12/2018

    At its latest board meeting, SEBI approved a plan to allow mutual funds to create segregated portfolios for assets experiencing credit events, among a number of other proposals.

    Enforcement

    RBI Fines Indian Bank for Violating Cybersecurity Norms

    By Editors | 12/12/2018

    The Reserve Bank of India has fined Indian Bank 10 million rupees for deficiencies in regulatory compliance with cybersecurity norms.

    Market Infrastructure

    SEBI Issues Cybersecurity Framework for Market Infrastructures

    By Editors | 11/12/2018

    Stock exchanges, clearing corporations and depositories have six months to put in place appropriate systems and processes for implementation of the new guidelines.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team