INDIA

AML / KYC

India Raises Cash Withdrawal Limit

By Samuel Riding | 17/01/2017

RBI also applies increased limits to overdraft and cash credit accounts.

AML / KYC

SEBI allows MFs to Invest in REITs, InvITs

By Samuel Riding | 16/01/2017

Merging of firms aims to widen public shareholdings; regulator also cuts brokerage levy.

Market Infrastructure

India’s NSE Wins Approval for International Exchange

By Samuel Riding | 12/01/2017

National Stock Exchange says to start international trading by mid-February.

Market Infrastructure

SEBI Said to Ask NSE Take Remedial Action on HFT

By Samuel Riding | 11/01/2017

Regulator is also considering possibility of individual fault despite forensic audit conclusions.

Market Infrastructure

India Opens 1st International Exchange

By Samuel Riding | 10/01/2017

INX features equity, currency and commodities derivatives; trade starts 16 January.

AML / KYC

India Considering Special Panama Papers Investigation

By Samuel Riding | 10/01/2017

New investigation team would consider about 500 entities allegedly involved in offshoring controversy.

AML / KYC

India Demonetisation Nets USD213bn

By Samuel Riding | 09/01/2017

Amount recovered is 93.5% of outstanding notes; RBI plans to expedite counting, identify fake notes.

Market Infrastructure

SEBI to Allow FPIs to Operate in IFSCs

By Samuel Riding | 06/01/2017

FPIs should abide with conditions such as informing custodians of their participation.

Market Infrastructure

SEBI Approves BSE Listing

By Samuel Riding | 04/01/2017

Indian exchange will seek to sell stake of just under 30%; SGX to divest its 4.7% stake.