Growing criticism over the sale of JTBC bonds fuels discussion in South Korea on whether investor safeguards should focus on issuance or distribution, amid ongoing probes and historical policy debates. Questions over the sale of JTBC bonds have triggered a…
As millions of UK workers accumulate multiple pension pots due to job mobility and automatic enrolment, experts highlight both benefits and risks of consolidation, prompting a nuanced approach tailored to individual circumstances. As retirement saving becomes more fragmented, many workers…
The Reserve Bank of India has revised its scale-based regulation criteria for non-banking finance companies, including Tata Sons, amid increased regulatory scrutiny and changes to asset-based thresholds. The Reserve Bank of India has put 17 non-banking finance companies in its…
India is contemplating a policy shift that could introduce fees on its popular UPI and RuPay payment systems, amid ongoing trade negotiations with the United States and concerns over a perceived digital payments trade barrier. As India and the United…
While often viewed as a bureaucratic hurdle, Know Your Customer rules serve a vital role in safeguarding the financial system. New approaches and increased flexibility aim to make KYC more effective and less burdensome for clients. Know Your Customer rules…
The Reserve Bank of India retains Tata Sons in the upper non-banking financial company layer for 2026-27, leaving the future of its market exit uncertain while the company seeks deregistration amid regulatory changes. The Reserve Bank of India has once…
The Saudi Insurance Authority mandates insurers to comply with new beneficial ownership transparency standards within 30 days, leveraging digital platforms to enhance anti-money laundering efforts and business transparency. Saudi Arabia’s Insurance Authority has told insurers to comply with the Kingdom’s…
India’s securities regulator is launching an extensive reform plan combining lighter compliance, advanced technology, and investor education to deepen and modernise markets in FY27, including AI-driven initiatives and regulatory simplifications. India’s markets regulator is preparing a wider reform drive in…
The Kerala Lok Ayukta has issued directives to ban unregistered bodies from using banking-related terms like ‘bank’ and ‘banker’, aiming to prevent public misrepresentation and safeguard financial trust. The Kerala Lok Ayukta has moved to curb the use of banking-related…
The Delhi Income Tax Appellate Tribunal clarifies that taxpayers cannot claim fresh capital gains exemptions after a notice under Section 148 unless such claims are included in a revised return, impacting property-related tax appeals. The Delhi bench of the Income…
