India

AML / KYC

SEBI Revisits Plans to Create Database of FPI Beneficial Owners

By Editors | 01/03/2023

SEBI is considering requiring depositories, depository participants, and custodians to feed beneficial ownership information into a central database.

Fintech / Regtech

BondEvalue Approved to Operate Fractional Bond Exchange in GIFT City

By Editors | 28/02/2023

GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.

Fintech / Regtech

SEBI Issues New Advisory on Cybersecurity Practices

By Editors | 28/02/2023

The advisory calls on firms to take into account concentration risk when outsourcing multiple critical services to the same third party vendor.

Market Infrastructure

NSE India Wins Final Approval to Launch Social Stock Exchange

By Editors | 27/02/2023

NSE said the social stock exchange would provide a new avenue for social enterprises to finance social initiatives.

Securities / Derivatives

SEBI Proposes New Rules to Protect REIT, InvIT Investors

By Editors | 24/02/2023

SEBI proposes to require at least one sponsor to hold units throughout the life of a REIT/InvITs, to align their interests with other unitholders.

ESG / Sustainability

SEBI Consults on Regulatory Framework for ESG Disclosures, Ratings

By Manesh Samtani | 24/02/2023

The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.

Fintech / Regtech

RBI Publishes Full List of Payment Aggregator Approvals

By Editors | 22/02/2023

This is the first time the RBI has published a list of entities that sought approval to act as online payment aggregators.

Market Infrastructure

French, German Banks Get More Time to Solve India CCP Issue

By Mark Johnston | 21/02/2023

French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.

Fintech / Regtech

Singapore, India Launch Real-time Payments Linkage

By Editors | 21/02/2023

The service is available in Singapore via DBS and Liquid Group, and in India via Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India.