India

    Securities / Derivatives

    SEBI to Extend Insider Trading Prohibitions to Mutual Funds

    By Editors | 17/07/2022

    SEBI plans to require asset managers to disclose the holdings and transactions of connected persons, as well as those of their immediate relatives, on an independent platform.

    Fintech / Regtech

    RBI Grants First In-Principle Approvals for Payment Aggregator Licence

    By Editors | 17/07/2022

    Razorpay, Pine Labs, Stripe, and 1Pay Mobileware are among those that have received the in-principle approval.

    AML / KYC

    Why India Does Not Use Sanctions

    By Mathew Chemplayil | 12/07/2022

    India’s attitudes against isolating Russia arise from its strategic interests with Moscow and a long history as a recipient of sanctions, says Mathew Chemplayil.

    AML / KYC

    India Enables Rupee Settlement Mechanism for International Trades

    By Editors | 12/07/2022

    The mechanism allows international trades to be invoiced and settled using the rupee, enabling India to buy Russian oil without US sanctions exposure.

    Capital / Liquidity

    RBI Announces Measures to Cushion Falling Rupee

    By Editors | 09/07/2022

    The RBI has exempted FPIs from a cap on investments in government securities and corporate bonds. FPIs can also buy short-duration corporate debt.

    AML / KYC

    Chinese Phonemaker Vivo Accused of Evading Tax in India

    By Editors | 09/07/2022

    Vivo is alleged to have made remittances via Hong Kong to China to disclose losses in India and avoid domestic tax payments.

    Securities / Derivatives

    SEBI Directs Brokers to Report Cyber Threats Within Six Hours

    By Editors | 06/07/2022

    Quarterly reports must be issued containing information on cyber incidents, risk mitigation measures, bugs and vulnerabilities, and threat details.

    Enforcement

    SEBI Fines NSE, Infotech, Six Others Over Algo Trading Scandal

    By Editors | 04/07/2022

    NSE awarded a contract to Infotech despite conflicts of interest. Confidential NSE data was then misused to develop algorithmic trading software.

    Enforcement

    SEBI Fines NSE, Officials, Brokers in Colocation Case

    By Editors | 02/07/2022

    SEBI fined the NSE, five officials, Sampark Infotainment, two brokerage firms and nine other individuals connected to the case.

    Securities / Derivatives

    SEBI Announces Decision to Allow FPIs to Trade Commodity Derivatives

    By Editors | 30/06/2022

    FPIs will be allowed to trade non-agri commodity derivatives and select non-agri benchmark indices. Only cash-settled contracts will be allowed.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.