India

Data Privacy

Indian Lawmakers Pass New Data Protection Law

By Manesh Samtani | 11/08/2023

The law has raised concerns over the excessive powers granted to the government to access private data without consent.

Structural Regulation

SEBI Streamlines Approval Process for Change in Control of Merchant Bankers

By Editors | 10/08/2023

SEBI has streamlined the procedure of obtaining prior approval for a proposed change in control of merchant bankers and bankers to an issue.

Trading & Investment

SEBI Shortens Share Listing Timeline for Public Issuances

By Editors | 10/08/2023

SEBI reduces share listing timeline for public issues from T+6 to T+3 to enhance capital market efficiency.

Fraud, Scams & Cybercrime

Indian Police Busts Crypto-Ponzi Scheme Worth Over $120m

By Mark Johnston | 09/08/2023

The scheme targeted individuals across various regions of India, encouraging them to invest in a fraudulent crypto token known as STA.

PEPs & Sanctions

OFAC Halts $26m in Funds Tied to Indian Diamond Traders

By Editors | 08/08/2023

OFAC reportedly suspects fund transfers were made to diamond suppliers with links to Russian miners and sanctioned bodies.

Trading & Investment

SEBI Mandates FPIs to Route Bond Trades to RFQ Platforms

By Ranamita Chakraborty | 08/08/2023

Starting 1 October, foreign portfolio investors are required to conduct a minimum of 10 percent of their total secondary market corporate bond trades through the request for quote (RFQ) platform offered by stock exchanges.

Structural Regulation

SEBI’s Annual Report Highlights Disclosure Rules Strengthening Plan

By Jill Wong | 08/08/2023

Sebi’s annual report highlights plans to strengthen disclosure requirements of unlisted companies.

Climate Risk

Indian Banks Unprepared for Climate Actions

By Jill Wong | 07/08/2023

India faces the highest climate risks but its banks are unprepared to undertake climate action, according to a new report by India-based think tank Climate Risk Horizons.

Cryptocurrency

India Offers Recommendations on Global Crypto Regulatory Framework

By Editors | 04/08/2023

As G20 president, India outlines global crypto regulations amidst domestic pressure from the Supreme Court for clearer crypto-related laws.