ADVERTISEMENT
Securities / Derivatives
SEBI Eases Norms on Mutual Fund Transactions by Investors
By Editors | 23/03/2022
Norms prohibiting the use of one-time mandates to accept payments for mutual fund transactions have been eased.
RBI Issues New Guidelines on the Provision of Microfinance Loans
By Ranamita Chakraborty | 23/03/2022
The RBI is lifting the interest rate ceiling on microfinance loans, but says it will continue to check that lenders do not charge “usurious” rates.
AML / KYC
GLEIF Welcomes LEI System’s First India Validation Agent
By Editors | 22/03/2022
Rubix Data Sciences has become the first India-based Validation Agent within the Global LEI System, and the sixth globally.
Fintech / Regtech
India, China to Enable Cross-Border Payments With Arab World
By Editors | 21/03/2022
India’s NPCI and China’s UnionPay have signed agreements to establish interoperability with Buna, a payment system owned by the Arab Monetary Fund.
AML / KYC
RBI Orders Paytm Payments Bank to Stop Onboarding Clients
By Editors | 19/03/2022
The bank reportedly violated rules by allowing data to flow to servers overseas and did not properly verify thousands of customers.
Market Infrastructure
SGX Selects Tata Consultancy Services to Power GIFT Connect
By Editors | 17/03/2022
The GIFT Connect system will permit SGX members to place orders on NSE IFSC using FIX/proprietary APIs or the TCS BaNCS dealing terminal.
Enforcement
RBI Lifts Restrictions on Digital Product Launches at HDFC
By Editors | 16/03/2022
The restrictions were imposed in 2020 in response to multiple digital outages that impacted customers. HDFC is India’s largest private bank.
Fintech / Regtech
RBI Launches New Services to Drive Digital Payments Adoption
By Editors | 15/03/2022
UPI-based instant payments can be enabled on some 400 million feature phones in India that do not have an internet connection.
Enforcement
SEBI Seizes Records from Market Manipulators in 4 States
By Editors | 14/03/2022
Individuals and entities were operating Telegram channels to encourage investors to deal in listed stocks, thereby creating “artificial volume and price rise”.
Securities / Derivatives
SEBI Raises Limit for Debt Investments via UPI Mechanism
By Editors | 11/03/2022
The limit for investments in debt securities via the UPI mechanism is being increased from INR 200,000 to INR 500,000, effective 1 May 2022.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.