Securities and Exchange Board of India

    Securities / Derivatives

    Indian Exchanges Suspend Overseas Index Trading

    By Editors | 12/02/2018

    BSE, NSE, MSEI to stop issuing market data licenses to foreign exchanges in a bid to halt migration of liquidity from India.

    Fintech / Regtech

    India to Stiffen Personal Privacy Law, Create Fintech Sandbox

    By Samuel Riding | 12/02/2018

    Inter-regulatory group concerned about ‘dearth’ of coherent law on customer data, recommends multiple measures to support development of fintech regulatory framework.

    Capital / Liquidity

    IMF, World Bank Issue Reports on India Financial Supervision, Market Infrastructure

    By Samuel Riding | 24/01/2018

    Reports praise progress but suggest more can be done on governance at public sector banks, market infrastructure risk management, among other issues.

    Enforcement

    UPDATED – PwC Gets 2-Year Ban from Auditing Listed Firms in India

    By Garima Chitkara | 15/01/2018

    Ban relates to accounting fraud at software exporter Satyam Computer Services, where PwC was auditor.

    Securities / Derivatives

    India Confirms Stock, Commodity Trading to be Allowed on Single Exchanges

    By Garima Chitkara | 04/01/2018

    Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.

    Market Infrastructure

    India Overhauls Credit Rating Agency, Fund Sponsor Regulations

    By Editors | 02/01/2018

    Securities regulator increases net worth requirement for agencies, requires separate legal entities for ‘non-core business’.

    Market Infrastructure

    SEBI Seeks to Establish Clearinghouse Interoperability

    By Editors | 24/12/2017

    Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.

    Securities / Derivatives

    India to Allow Funds, Portfolio Managers to Invest in Commodity Derivatives

    By Editors | 11/12/2017

    Securities regulator says market has had insufficient institutional involvement, leading to poor price discovery and risk management.

    Crypto / Digital Assets

    India’s Highest Court Considering Petition Calling for Bitcoin Regulation

    By Garima Chitkara | 16/11/2017

    Petitioner says central bank, securities regulator refusing to take responsibility for bitcoin regulation by not defining as currency or commodity

    Enforcement

    India Releases Draft Rules for Electronic Trading Platforms

    By Editors | 16/10/2017

    Move comes as National Stock Exchange bids to end case of alleged unfair access via its co-location facility by offering to pay fine.

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