INDIA

    Securities / Derivatives

    RBI Formalises Quantitative Easing Programme

    By Editors | 10/04/2021

    While the RBI has often purchased government securities, this is the first time it has committed to an amount upfront.

    Enforcement

    Indian Court Lifts Freeze Order on ByteDance Bank Accounts

    By Ranamita Chakraborty | 08/04/2021

    ByteDance is required to deposit around $10.6mn in a state-run bank, the amount tax authorities claim the company owes.

    Fintech / Regtech

    RBI Orders MobiKwik to Investigate Alleged Data Breach

    By Ranamita Chakraborty | 07/04/2021

    The RBI has asked the payments provider Mobikwik to carry out an immediate forensic audit following allegations of a data breach.

    ESG / Sustainability

    SEBI Approves Listing Rule Changes, New ESG Reporting Requirements

    By Editors | 02/04/2021

    The new reporting requirements set the stage for taking a leap for better disclosures in the ESG space in India, SEBI said.

    Crypto / Digital Assets

    India MCA Directs Companies to Disclose Crypto Dealings

    By Editors | 01/04/2021

    Companies are required to disclose their cryptocurrency dealings as well as profits and losses on these transactions in their financial statements.

    Capital / Liquidity

    SEBI Requires Intermediaries to Seek Approval for Change in Control

    By Editors | 29/03/2021

    Under the new guidelines, transfer of shareholding among immediate relatives shall not result into change in control for unlisted body […]

    Securities / Derivatives

    SEBI Relaxes Valuation Rules For AT1 Bonds

    By Ranamita Chakraborty | 29/03/2021

    Under revised regulations, the deemed residual maturity of perpetual or AT1 bonds would remain 10 years until 31 March 2022.

    Market Infrastructure

    SEBI Issues Guidelines for MIIs on Handling Disruptions

    By Sanday Chongo Kabange | 24/03/2021

    The new guidelines follow last month’s trading halt at the NSE. The exchange has submitted a root cause analysis to SEBI.

    Enforcement

    RBI Fines SBI For Noncompliant Commission Payments

    By Editors | 18/03/2021

    State Bank of India violated rules prohibiting banks from paying remuneration in the form of commission or a share of profits.

    AML / KYC

    SEBI Rolls Out KYC Registry Extension to Legal Entities

    By Editors | 13/03/2021

    Regulated entities are directed to upload KYC data for accounts of legal entities to the Central KYC Registry.

    JOIN OUR NEWSLETTER

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