India

Trading & Investment

SEBI Consults on New High-risk Category for Mutual Funds

By Ajoy K Das | 27/10/2023

SEBI is considering ways to protect small investors by requiring higher entry barriers for high-risk funds.

Operational Risk

RBI Releases Draft Master Directions on Managing Outsourcing Risks

By Ajoy K Das | 27/10/2023

The draft makes clear that regulated entities may not outsource core management functions, such as decision-making functions like loan approvals.

Conduct, Culture & Accountability

Bank Boards Must Have At Least Two Whole-time Directors: RBI

By Ajoy K Das | 26/10/2023

Banks that do not currently have at least two whole-time directors on their boards must submit proposals for their appointment within four months.

Market Abuse

India Proposes Incentives for Reporting of Cartel Conduct

By Ajoy K Das | 26/10/2023

The amendments aim to incentivise cartels under investigation to provide information on other cartels.

AI Risk & Governance

AI-based SupTech Can Improve Market Integrity: Study

By Manesh Samtani | 25/10/2023

The study highlights the benefits of using AI-based SupTech to improve market integrity, detect misconduct and forecast crises.

Supervision & Enforcement

SEBI Enlists 12 Entities to Provide Digital Forensic Services

By Ajoy K Das | 25/10/2023

The enlisted entities would be expected to extract and analyse digital evidence from devices during onsite search and seizure operations.

Trading & Investment

RBI Allows Retail Investors to Access FRSBs Through Direct Portal

By Ajoy K Das | 24/10/2023

Until now, floating rate savings bonds were only available to retail investors through select branches of State Bank of India and certain other institutions.

Trading & Investment

SEBI Offers Large Corporates Incentives to Issue Bonds

By Editors | 24/10/2023

Large corporates that raise more than 25 percent of their borrowing through debt securities will have to pay lower listing fees and Core SGF contributions.

Operational Risk

SEBI Issues Guidelines to Boost Operational Resilience of QRTAs

By Editors | 23/10/2023

QRTAs are required to declare a disaster within 30 minutes of an incident and must be able to switch to the DRS within 45 minutes.