India

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    AML / KYC

    SEBI Eases KYC Norms for Mutual Fund Investors

    By Ajoy K Das | 15/05/2024

    SEBI will allow investors to obtain a ‘KYC-Registered’ status even if their PAN and Aadhaar accounts are not linked.

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    Securities / Derivatives

    SEBI to Mandate Direct Payout of Securities to Investor Accounts

    By Ajoy K Das | 14/05/2024

    SEBI has proposed a new rule that will require all securities payouts to be credited directly to investors’ demat accounts.

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    Securities / Derivatives

    SEBI Proposes Reduced Regulatory Burden on REITs, InvITs

    By Ajoy K Das | 13/05/2024

    SEBI also proposes to speed up distributions to unitholders and enable them to attend and vote at meetings remotely.

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    Securities / Derivatives

    SEBI to Ease Disclosure Rules for Non-convertible Securities

    By Ajoy K Das | 13/05/2024

    SEBI proposed to remove requirements to disclose the PAN and personal addresses of promoters.

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    Securities / Derivatives

    RBI Relaxes Margin Requirements for Derivatives

    By Ajoy K Das | 13/05/2024

    Regulatory amendments are intended to make it easier for foreign investors to invest in derivatives.

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    Capital / Liquidity

    RBI Finalises Margin Rules for Non-Cleared OTC Derivatives

    By Manesh Samtani | 13/05/2024

    The master direction on VM and IM exchange for non-centrally cleared OTC derivatives will enter into force from 8 November 2024.

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    Fintech / Regtech

    RBI Lifts Restrictions on Bank of Baroda Mobile App

    By Ajoy K Das | 12/05/2024

    The bank was barred from onboarding customers on its ‘BoB World’ app following misuse by employees.

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    Capital / Liquidity

    RBI Directs NBFCs to Limit Cash Disbursals for Gold Loans

    By Ajoy K Das | 10/05/2024

    The Income Tax Act prohibits any individual from receiving more than INR 20,000 as a loan amount in cash.

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    Securities / Derivatives

    SEBI Standardises Reporting Format for Investment Advisers

    By Ajoy K Das | 10/05/2024

    Investment advisers will need to submit reports to IAASB in a standardised format every six months.

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    Securities / Derivatives

    SEBI Rejects NSE Proposal for Extended Trading Hours

    By Ajoy K Das | 08/05/2024

    SEBI cited a lack of feedback from the stock broking community. NSE has now shelved its extended time frame plan.

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