Securities and Exchange Board of India

Capital / Liquidity

India Resists ESMA Requirements on CCP Recognition – Reports

By Manesh Samtani | 14/11/2022

ESMA decision will block EU banks from dealing with Indian CCPs after 30 April 2023. India faces similar standoffs with UK and Japanese regulators.

Fintech / Regtech

SEBI Drafts Cloud Adoption Framework for Regulated Entities

By Manesh Samtani | 06/11/2022

The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.

SEBI Standardises Rating Scales Used in Issuer & Credit Ratings

By Editors | 01/11/2022

Standardised symbols, definitions and descriptors have been devised for issuer ratings and corporate credit ratings, following consultation with CRAs.

Market Infrastructure

ESMA to Withdraw Recognition of Six Indian CCPs

By Editors | 01/11/2022

EMIR conditions for recognition are not met because no cooperation arrangements have been concluded between ESMA and the relevant Indian authorities.

Market Infrastructure

BSE India Launches Trading in Electronic Gold Receipts

By Editors | 27/10/2022

Individual investors as well as commercial participants like importers, banks, refiners, and jewellery manufacturers can participate.

Securities / Derivatives

SEBI Permits Stockbrokers to Place Client Bids on RFQ Platforms

By Editors | 25/10/2022

Stockbrokers will be allowed to place bids on stock exchanges’ RFQ platforms on behalf of clients from 1 January 2023.

ESG / Sustainability

SEBI Sets Out Governance Requirements for Social Stock Exchanges

By Editors | 18/10/2022

A seven-member governing council must be constituted before SEBI will grant final approval for the launch of a social stock exchange.

Fintech / Regtech

India Establishes Protocols for Interoperable Regulatory Sandbox

By Editors | 17/10/2022

The interoperable regulatory sandbox will enable firms to test innovative products and services that fall under multiple financial sector regulators.

Securities / Derivatives

SEBI Issues Framework for Dealing with CRA Licence Cancellations

By Editors | 17/10/2022

The new framework comes after SEBI for the first time cancelled the licence of a CRA, Brickwork Ratings India, and ordered it to wind down its operations within six months.