India

Securities / Derivatives

SEBI Revises Framework for Calculating Margin Requirements

By Editors | 14/05/2022

The margin requirements calculated for derivatives will be based on the fixed beginning-of-day margin parameters.

AML / KYC

Indian AML Investigators Threatened, Coerced Xiaomi Execs – Reports

By Editors | 11/05/2022

In a court filing, Xiaomi India alleges that Enforcement Directorate officials threatened two of its executives and their families with physical violence during questioning.

Securities / Derivatives

SEBI Freezes New IPOs Amid Concerns of Rejected Bids

By Ranamita Chakraborty | 11/05/2022

IPO subscription applications are being rejected because funds are not being blocked, with some investors “gaming” the system.

Securities / Derivatives

SEBI to Enhance ESG Disclosure, Assurance Requirements

By Editors | 11/05/2022

A new committee will work to address mis-selling and greenwashing risks and explore the introduction of prudential requirements for ESG funds.

Market Infrastructure

SEBI Directs Stock Exchanges to Audit Systems and Networks

By Editors | 08/05/2022

Stock exchanges must certify that their trading architecture and co-location facilities conform with regulatory requirements and treat all market participants fairly and equitably.

RBI Issues Guidance for NBFCs on Senior Manager Remuneration

By Editors | 07/05/2022

NBFCs should constitute remuneration committees and use malus or clawback arrangements to account for possible misconduct or poor financial performance.

Capital / Liquidity

RBI Surprises Market with Interest Rate Hike

By Editors | 06/05/2022

The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.

Fintech / Regtech

India’s GIFT City to Introduce Fintech Regulatory Sandbox

By Editors | 04/05/2022

The dedicated regulatory sandbox is part of government efforts to establish GIFT City as ‘world class’ fintech hub.

Capital / Liquidity

RBI Updates LCR Guidance for Commercial Banks

By Editors | 30/04/2022

Banks can include government securities worth up to 16 percent of their NDTL in their LCR calculations, compared to 15 percent under earlier guidance.