India

Securities / Derivatives

SEBI Panel Offers Recommendations on Social Stock Exchange Listings

By Ranamita Chakraborty | 12/05/2021

A technical group was set up last September to develop a framework for on-boarding non-profit organisations and for-profit social enterprises on social stock exchanges.

ESG / Sustainability

SEBI Enhances Sustainability Reporting Rules for Listed Entities

By Manesh Samtani | 12/05/2021

The new Business Responsibility and Sustainability Reports will contain disclosures relating to ESG risks, sustainability performance, environmental metrics, and social factors.

Market Infrastructure

RBI to Review Supervisory Process for Banks, UCB, NBFCs

By Ranamita Chakraborty | 12/05/2021

Firms are invited to help the RBI review its supervisory processes for the banking sector and the supervisory ratings models used for UCBs and NBFCs.

Capital / Liquidity

RBI Announces Support Measures for Second Covid Wave

By Editors | 05/05/2021

The measures include liquidity for bank lending to businesses, continued regulatory exemptions, and an additional round of restructuring and moratoria flexibility.

Securities / Derivatives

SEBI Issues Compensation Guidelines for Fund Managers

By Editors | 05/05/2021

20% of compensation of key AMC employees must be paid in the form of units of the mutual fund schemes in which they have a role or oversight.

RBI to Require Banks, NBFCs to Seek Annual Auditor Approval

By Editors | 03/05/2021

Banks and NBFCs will be required to obtain approval for the appointment and reappointment of their statutory auditors on an annual basis.

Securities / Derivatives

SEBI Issues Guidelines for CRAs on Issuing Provisional Ratings

By Editors | 01/05/2021

Credit rating agencies cannot assign a rating, including provisional decisions, to an issuer or client evaluating strategic decisions.

ESG / Sustainability

RBI Joins Network for Greening the Financial System

By Editors | 29/04/2021

The RBI expects to benefit from the membership of NGFS by learning from and contributing to global efforts on green finance.

RBI Issues New Rules for Senior Bank Executives, Board Members

By Editors | 29/04/2021

Banks will have until 1 October 2021 to comply with new rules capping the tenure of top executives at 15 years.