Under revised guidelines, depository receipt issuers can directly appoint a global custodian or foreign agent to hold overseas securities.
April 11, 2022The amendments will require CIS managers and certain designated employees to invest in the CIS they manage, and limit investment in other CIS managers.
April 3, 2022Applications from capital markets firms looking to participate in the fintech regulatory sandbox are being accepted until 15 April 2022.
March 27, 2022A new regulated activity (RA 13) will be introduced which will subject trustees and custodians of public funds to licensing requirements and ongoing regulatory supervision.
February 23, 2022The government is seeking views on further refinements to the foreign investment framework to ensure it remains fit for purpose.
February 16, 2022The INR 1.5 trillion limit on FPI investment via the 'Voluntary Retention Route' has been nearly exhausted. The new INR 2.5 trillion limit takes effect on 1 April.
February 11, 2022CBDC is a critical and likely enabler for DLT-based securities settlement and collateral management, with stablecoins providing a possible alternative, the paper says.
December 22, 2021Custody and wallet providers required to obtain information identifying the account owners of wallets. New guidelines coming on the use of crypto in payments.
December 7, 2021T+1 settlement will now be introduced in a phased manner, starting with the smallest stocks on 25 February, and ending with the biggest stocks around January 2023.
November 10, 2021ASIC says it has introduced a new ‘crypto-asset’ category in the licensing application for responsible entities.
October 29, 2021