Searched for
FINANCIAL REGULATIONS
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
UK investors sue Binance in London for £150 millionThe claimants, some of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as le...
Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
Cashfree Payments bets on cross-border push with travel, investment paymentsCashfree plans to begin pilots this year for overseas investment, travel and business-to-business payment services, expanding beyond online...
India's SBI-backed Cashfree Payments bets on cross-border push with travel, investment paymentsIndian fintech firm Cashfree Payments is set to significantly expand its cross-border operations, aiming to capture growing international t...
Firstsource Solutions CFO Dinesh Jain violates insider trading codeFirstsource said the violation was procedural and unintentional. The company informed the stock exchanges that Jain had proactively disclos...
Draft National Electricity Data Sharing Framework unveiledThe framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distr...
Private banking sector flux: CFO departures and leadership uncertainty amid regulatory changesIndia's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...
RBI seeks bigger money market access: What draft proposals mean for NBFCs and companiesThe RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financ...
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
Treat internal financial controls as business necessity, not as compliance burden: ICAI officialStrong internal financial controls are crucial for businesses, not just for compliance, according to the ICAI President. He emphasized that...
Sebi rejects Anil Ambani's Reliance Infra settlement applicationIndia's market regulator has rejected Anil Ambani's settlement bids concerning allegations of misusing nearly $700 million in company funds...
China strips generals, ex-financial regulator, politburo member of lawmaker postsChina's top legislative body has removed six military lawmakers, including a key figure in the space program, and a former financial regula...
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
Sebi proposes common advertising code for brokers, mutual funds, may allow celebrity endorsementsSebi has proposed a common advertising code for brokers, mutual funds, investment advisers and other regulated entities, aiming to simplify...
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
Rajesh Exports' troubles deepen with ED searches amid Rs 15 lakh crore revenue rowEnforcement Directorate officials conducted searches at Rajesh Exports' Bengaluru and Mumbai locations. This action follows scrutiny by mar...