INDIA

    Fintech / Regtech

    India to Strengthen Digital Payments with Blockchain

    By Editors | 15/04/2019

    The National Payments Corporation of India is soliciting interested partners to build a blockchain-powered digital payments platform for the country.

    Fintech / Regtech

    India Brokers Asked to Report on AI, ML Systems by 15 Apr

    By Editors | 13/04/2019

    In line with  January circular from SEBI, BSE India has asked stock brokers to submit their cybersecurity compliance reports for the Jan-Mar quarter.

    Market Infrastructure

    SEBI Issues CCP Guidelines for Risk-Based Capital, Net Worth

    By Editors | 12/04/2019

    New norms have been issued by India’s regulator on computing risk-based capital and net worth requirements for clearing corporations.

    Market Infrastructure

    RBI to Unify Complaints Handling for Digital Payments

    By Editors | 10/04/2019

    The RBI plans to speed up customer complaint processing and redressal times across all domestic payment platforms by end-June.

    Capital / Liquidity

    RBI Defers Mandatory Pegging of Loan Rates to External Benchmarks

    By Editors | 08/04/2019

    The RBI has deferred a requirement for banks to link loan rates to external benchmarks, citing difficulties the change presents to banks’ interest rate risk management.

    Securities / Derivatives

    RBI to Allow Non-Residents to Trade Interest Rate Derivatives

    By Editors | 07/04/2019

    Under draft rules, non-resident retail investors can hedge through interest rate derivatives; non-retail investors can participate for other specified purposes.

    Capital / Liquidity

    RBI to Draw Up New Guidance on Bad Debt Resolution

    By Editors | 05/04/2019

    The central bank will have to issue a revised circular for banks on bad debt resolution after a February 2018 circular was invalidated by the Supreme Court this week.

    Capital / Liquidity

    RBI Large Exposures Framework Takes Effect

    By Editors | 04/04/2019

    The RBI has issued a notice on its large exposures framework, which is now in effect, clarifying that non-cleared derivatives will be considered outside its remit for another year.

    Enforcement

    SEBI Proposes SRO Nomination Plan for Mutual Fund Distributors, Advisers

    By Editors | 02/04/2019

    A consultation proposes the creation of a nomination committee comprising external experts to recommend a self regulatory organisation for mutual fund distributors and advisers to curb mis-selling.

    Market Infrastructure

    NSE, SGX Reach Agreement on India Derivatives

    By Editors | 01/04/2019

    NSE and SGX have reportedly finalised an agreement that will enable SGX to offer trading in Nifty derivatives to Singapore investors through a special purpose vehicle operating as a broker at GIFT City.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team