India

AML / KYC

India MFs Must Offer Divestment Before Derivatives

By Samuel Riding | 23/02/2017

Funds no longer need to obtain positive consent for shift in investment strategy.

Market Infrastructure

SEBI Eyes Action Against Spot Market Brokers

By Samuel Riding | 22/02/2017

Five firms said to be involved in exchange being unable to repay investors,

Capital / Liquidity

RBI Considering ‘Bad Asset’ AMCs

By Samuel Riding | 22/02/2017

Indian central bank also working on means of recapitalising or resolving stressed banks.

Capital / Liquidity

SEBI to Allow Banks to Trade Commodities

By Samuel Riding | 20/02/2017

Outgoing chairman UK Sinha says lenders need to hedge lending exposure to the sector.

Market Infrastructure

India to Allow Integrated Commodity, Equity Broking

By Samuel Riding | 16/02/2017

Integration of exchanges to follow, allowing single-platform trading of commodities, equities and currencies.

Securities / Derivatives

Bank of England Fines Japanese Bank $33.34Mn

By Samuel Riding | 13/02/2017

Bank failed to report US regulator’s enforcement action against them to the Bank of England.

Market Infrastructure

SEBI Eyes Commodity Market Reform

By Samuel Riding | 13/02/2017

Regulator to consider institutional investor participation; integrate spot, derivatives markets.

AML / KYC

New SEBI Chief Appointed

By Samuel Riding | 13/02/2017

Senior finance ministry official Ajay Tyagi to replace UK Sinha on 1 March.

Capital / Liquidity

RBI Sets up Enforcement Unit

By Samuel Riding | 10/02/2017

Indian central bank also setting up standing committee on cybersecurity.