This follows the RBI’s issuance ofnew guidelinesin August 2024, imposing bans on P2P lending companies from advertising P2P loans as investment products. Further, the RBI mandated new fund transfer provisions enabling fund transfer through escrow account mechanisms operated by a bank-promoted...
Under the new guidelines, registered market intermediaries and ‘Market Infrastructure Institutions’ (MIIs), which include stock exchanges, clearing corporations and depositories, etc., are required to ensure that no real-time price data is shared with any third party unless the “sharing of such i...
(g)Depositories and Depository Participants (h)Investment Advisors and Research Analysts (i)KYC Registration Agencies (j)Merchant Bankers The applicability of various standards and guidelines of CSCRF is based on different categories of Regulated Entities. CSCRF follows a graded approach and cla...
2. In order to further streamline the operations at IFSC, based on consultations with the stakeholders, it has been decided to amend provisions of the aforesaid guidelines, by incorporating new Clause 8 (3) as under: “8(3) An entity, based in India or...
Depository and Depository user are both governed on the basis of guidelines provided by them under SEBI's jurisdiction. The process for issuing a registration certificate as a depository client is explained below: The applicant requiring registration shall, together with the fees of INR 15,000, sub...