norms

Sebi relaxes financial disincentives norms for technical glitches, restricts it to Market Infrastructure Institutions

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Sebi relaxes financial disincentives norms for technical glitches, restricts it to Market Infrastructure Institutions

Securities and Exchange Board of India (Sebi) on Friday relaxed the rules governing financial disincentives imposed on Market Infrastructure Institutions (MIIs) and individuals for omissions and commissions leading to technical glitches. In a circular issued on Friday, Sebi restricted the imposition of existing financial disincentives to MIIs only. From now on, it will also provide … Read more

EU moves to tweak rules on foreign central counterparties amid tussle between RBI and European regulators

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EU moves to tweak rules on foreign central counterparties amid tussle between RBI and European regulators

Mumbai: European Union authorities have proposed amending norms on exposure to third-country clearing houses, a move that comes amid a protracted tussle between the Reserve Bank of India (RBI) and regulators from the continent on treating the primary domestic sovereign bond platform. ET has seen a document dated February 13 that showed the General Secretariat … Read more