India

Fraud, Scams & Cybercrime

SFC Warns on Unlicensed Forex Broker

By Samuel Riding | 30/11/2015

IQSFX added to alert list on suspicion of conducting unlicensed business in Hong Kong.

Structural Regulation

SEBI Pushes Commodity Exchange Consolidation

By Samuel Riding | 27/11/2015

Regional commodity exchanges have two years to demutualise, will be brought under securities contract regulation by 2018.

Anti-Money Laundering

India Probes HSBC Accounts Over Money Laundering Concerns

By Samuel Riding | 24/11/2015

Indian central bank conducted investigation into books of accounts between March and April 2015.

Structural Regulation

RBI Introduces 5% Rule on Bank Stakes

By Samuel Riding | 19/11/2015

Investors seeking stakes of more than 5 percent in private lenders will require central bank approval.

Trading & Investment

India Lines up Level Playing Field for Traders

By Samuel Riding | 19/11/2015

BSE addresses HFT concerns by ensuring all market participants have equal market access.

Trading & Investment

How Regulatory Easing is Attracting Global Capital to India

By Samuel Riding | 19/11/2015

Indian regulators’ forward thinking on market participation and products benefits investors and infrastructure providers alike.

Trading & Investment

India to Issue Guidelines on Cross-currency Trading

By Samuel Riding | 17/11/2015

Regulators also propose to extend exchange hours beyond 5pm to allow domestic markets to benefit during peak global trading.

KYC & CDD

SEBI to Ease KYC for Mutual Fund Investments

By Samuel Riding | 12/11/2015

Investments of less than USD3,000 will not require in-person verification.

KYC & CDD

Dhanlaxmi Bank Fined for KYC Violations

By Samuel Riding | 06/11/2015

RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.