India

Securities / Derivatives

SEBI Bars Mutual Funds from Investing in Pre-IPO Placements

By Nithya Subramanian | 27/10/2025

The directive limits mutual funds to investing only during the public issue phase or as anchor investors, barring them from participating in pre-IPO placement deals.

Securities / Derivatives

SEBI Proposes Standardised KYC for Mutual Fund Folios

By Nithya Subramanian | 27/10/2025

The regulator aims to tighten KYC compliance and prevent operational lapses by requiring full verification before first investments.

AML / KYC

Belgian Court Clears Extradition of Mehul Choksi to India

By Nithya Subramanian | 26/10/2025

An appellate court approved India’s request to extradite Mehul Choksi, who is wanted in connection with $1.54 billion fraud at Punjab National Bank.

ESG / Sustainability

India’s IFSCA Proposes Flexible Fund Rules to Spur Blended Finance

By Nithya Subramanian | 24/10/2025

IFSCA to permit venture capital and restricted schemes in GIFT City to issue multiple unit classes, enabling risk-adjusted investments in sustainable and climate-linked projects.

Securities / Derivatives

RBI Proposes Mandatory UTI for OTC Derivatives from April 2026

By Manesh Samtani | 24/10/2025

The proposal aims to enhance market transparency and align with global standards for reporting over-the-counter derivative transactions.

Fintech / Regtech

RBI Staff Propose Expanded Data Quality Index for Banks

By Manesh Samtani | 24/10/2025

The proposed model moves beyond supervision to cover all regulatory data, introducing new dimensions like credibility and specific calculation formulas.

Securities / Derivatives

India’s PFRDA Proposes Dual Valuation Framework for Pension Funds

By Nithya Subramanian | 23/10/2025

The proposed dual valuation framework aims to stabilise NPS and APY returns, reduce NAV volatility, and support long-term infrastructure financing.

India’s IFSCA Calls for Tax Exemption for GIFT City Investments

By Nithya Subramanian | 23/10/2025

The IFSCA has sought an exemption on tax collected at source on Indian investments in GIFT City, arguing that the levy adds friction and could divert funds to offshore jurisdictions.

Crypto / Digital Assets

Asian Exchanges Crack Down on Corporate Crypto Hoarding – Report

By Sanday Chongo Kabange | 23/10/2025

Exchanges in Hong Kong, India, and Australia are reportedly blocking firms from becoming crypto-treasuries, citing rules against shell companies and speculative risks.