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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.
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.
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.
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.
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.
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.
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.
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.
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.
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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