All posts tagged "IRDAI"
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256IndiaIndia: Fees, Charges Payable to SEBI Now Subject to 18pc GST
Fees paid by stock exchanges, clearing corporations, depositories, intermediaries and investors in securities markets are now subject to 18% GST.
July 27, 2022 -
469AML / KYCGLEIF Welcomes LEI System’s First India Validation Agent
Rubix Data Sciences has become the first India-based Validation Agent within the Global LEI System, and the sixth globally.
March 22, 2022 -
2.1KCapital / LiquidityIndia Establishes Netting Certainty for Bilateral OTC Derivatives
Parliament passed a bill providing legal basis for bilateral netting of OTC derivatives contracts which are not centrally cleared.
September 25, 2020 -
777IndiaIndia Brings to Life Unified Regulator for IFSCs
The new authority can now appoint members and employees, set up funds and apply tax exemptions, but other regulatory and supervisory powers have not yet taken effect.
April 29, 2020 -
521Fintech / Regtech
SEBI Approves Live Sandbox Testing for Regulated Entities
SEBI-registered entities can test new products, services and business models on a limited set of customers, for a specified period of time, with certain regulatory relaxations.
February 18, 2020 -
497India
India Passes Bill to Establish Unified Regulator for IFSCs
In addition to regulating Gift City, the new authority will be responsible for any other international financial services centre set up in India in the future.
December 17, 2019 -
650Capital / LiquidityMCA Releases Interim Rules for Handling NBFC Insolvency
The framework will serve as an interim mechanism to deal with any urgent situation at systemically important NBFCs, pending the introduction of a full resolution framework.
November 20, 2019 -
1.0KFintech / RegtechRBI Invites First Sandbox Applicants to Test Retail Payments Products
Initially, mobile payment services, offline payment solutions, and contactless payments will be considered for inclusion in the regulatory sandbox.
November 9, 2019 -
694AML / KYCIndia Establishes High Level Panel on AML/CFT
The inter-ministerial committee comprises senior officials from government departments, ministries, law enforcement agencies and regulatory bodies, including the RBI, SEBI and IRDAI.
October 8, 2019 -
901Fintech / RegtechSEBI Publishes Capital Markets Sandbox Framework
SEBI's sandbox framework for capital markets innovation comes just weeks after the RBI released its own sandbox framework for banking and payment services.
May 22, 2019
