India

Market Infrastructure

SEBI Eases Rules for Stock Brokers to Operate in GIFT City

By Nithya Subramanian | 06/05/2025

Stock brokers will be able to carry out activities in GIFT City through a Separate Business Unit (SBU) without seeking SEBI’s approval.

Fintech / Regtech

SEBI Consults on Framework for Orderly Exit of KYC Registration Agencies

By Nithya Subramanian | 06/05/2025

KRAs would be required to develop a Standard Operating Procedure to ensuring continuity of services in the event of voluntary exit or involuntary cessation of operations.

Securities / Derivatives

India Enhances Framework for GIFT City Bullion Market

By Nithya Subramanian | 05/05/2025

The IFSCA has extended the trading hours of IIBX, eased entry barriers for investors, and tightened due diligence rules for vault managers.

SEBI Warns Public Against ‘Opinion Trading’ Platforms

By Nithya Subramanian | 04/05/2025

SEBI warned that ‘opinion trading platforms’ fall outside its regulatory remit, offer no investor protection, and may be operating illegally.

Market Infrastructure

SEBI Tightens Cybersecurity Framework for Regulated Entities

By Nithya Subramanian | 02/05/2025

SEBI is introducing new classification thresholds, exemptions for smaller entities, and stricter controls for larger market participants.

AML / KYC

FIU-IND Sets 30 June Deadline for Reverification of Crypto User KYC Data

By Manesh Samtani | 02/05/2025

FIU-IND has directed crypto exchanges to refresh their KYC data for all users whose details are older than 18 months.

Enforcement

RBI Approves Interim Leadership Committee for IndusInd Bank

By Nithya Subramanian | 02/05/2025

The interim executive committee was formed after the abrupt exit of CEO Sumant Kathpalia, who resigned amid controversy over misreported derivative trades.

Enforcement

SEBI Imposes Trading Ban on Patel Wealth Advisors Over Spoofing

By Nithya Subramanian | 01/05/2025

Interim order restrains Patel Wealth Advisors and its directors from accessing the securities market, citing systematic spoofing practices that generated unlawful gains.

Fintech / Regtech

RBI Directs Regulated Entities to Use RAVAAH Portal from 1 May

By Editors | 01/05/2025

PRAVAAH is a centralised web-based platform launched in May 2024 for regulated entities to submit applications for authorisations, licences, and approvals.