SECURITIES AND EXCHANGE BOARD OF INDIA

AML / KYC

India Issues New Beneficial Ownership, KYC Norms for Foreign Investors

By Garima Chitkara | 12/04/2018

Indian securities regulator specifies a narrow definition and identification of beneficial ownership for foreign investors into India and establishes new KYC norms.

Market Infrastructure

India to Democratise Algo Trading Access

By Garima Chitkara | 29/03/2018

New measures aimed at cheaper access to tick data and co-location, greater disclosure on algorithms and latency from exchanges, stiffer penalties for high order-to-trade ratios.

Market Infrastructure

India to Implement Early Warning System for Broker Defaults

By Garima Chitkara | 26/03/2018

SEBI consulting on draft measures on norms on early detection of potential default among stock brokers through an Intelligent and Specific Early Warning System.

Capital / Liquidity

India Releases Risk Management Norms for Clearing Commodity Derivatives

By Garima Chitkara | 22/03/2018

Clearing corporations to maintain liquid assets after margins of INR5 million.

Market Infrastructure

UPDATED – India Securities Regulator Mulls Changes to Algorithmic Trading Framework

By Garima Chitkara | 18/03/2018

SEBI is considering imposing a congestion charge for high volume trading to address concerns on unfair market access to India’s exchange trading systems.

AML / KYC

SEBI Issues Clarifications on New Foreign Investor Norms

By Garima Chitkara | 15/03/2018

Foreign Portfolio Investors should not be Indian residents, non-resident Indians or overseas citizens of India; must be from AML/CTF compliant jurisdictions.

AML / KYC

SEBI Concerned About Money Laundering via PE, VC

By Garima Chitkara | 11/03/2018

Indian regulator says looser investment rules could encourage ‘round-tripping’ of funds by domestic investors, concerned about source of funds.

AML / KYC

SEBI Mulling Omnibus Accounts for Gift City

By Garima Chitkara | 03/03/2018

Omnibus accounts will allow bank clients to trade without undergoing standard KYC procedures and help boost trading from offshore participants.

Securities / Derivatives

India to Ease Capital Markets Norms for Foreign Investors

By Garima Chitkara | 01/03/2018

Government to set up single-window clearance for foreign portfolio investors and allow foreign custodians to trade on behalf of their clients without registering with SEBI.