India

AML / KYC

RBI Said to Lift Cash Withdrawal Limits by End-Feb

By Samuel Riding | 27/01/2017

Report suggests 78-88% of currency supply will be back in the system within 2 months.

Market Infrastructure

India’s Top Banks Eye Blockchain Trade Finance Platform

By Samuel Riding | 27/01/2017

Transaction documents kept on blockchain, reducing need for bank-to-bank reconciliation.

Securities / Derivatives

India Eyes Reduced Securities Transaction Tax

By Samuel Riding | 26/01/2017

Move aims to further attract investors to stock markets, mutual funds and other investment products.

Market Infrastructure

India Could Reintroduce Commodity Spot Market

By Samuel Riding | 25/01/2017

Securities regulator lobbying central bank for new market; last spot exchange shut in 2013.

Securities / Derivatives

SEBI Orders Exchanges to Provide Fair Access

By Samuel Riding | 24/01/2017

Data must include clear and precise information on co-location facilities.

AML / KYC

India to Tighten P-Note Regulation

By Samuel Riding | 24/01/2017

SEBI chairman cites concerns about tax evasion, stock price manipulation.

Market Infrastructure

RBI Conducts Bank Hacking Test

By Samuel Riding | 24/01/2017

Exercise aims to determine countermeasures and enhance defences.

SEBI Tightens Commodity Futures Trading Rules

By Samuel Riding | 23/01/2017

Move aims to curb tax evasion through illiquid contracts.

AML / KYC

RBI Unit to Boost Cybersecurity

By Samuel Riding | 19/01/2017

Central bank unit seeking 39 staff for roles in cybersecurity, research and innovation, systems audit.