Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has issued the Twelfth Amendment to Capital Adequacy Directions for Commercial Banks, refining legal opinion requirements and valuation adjustments for incurred losses.
The RBI has issued the Sixth Amendment to Prudential Norms on Capital Adequacy for Small Finance Banks, aligning legal opinion requirements for clearing members with international standards.
The RBI has revised the daily Cash Reserve Ratio (CRR) maintenance norms, allowing banks to maintain 90% minimum daily CRR while ensuring fortnightly average compliance.
The RBI has modified the foreign exchange risk reserve framework to promote market stability, requiring authorised dealers to maintain dynamic provisioning based on open derivative positions.
The RBI has issued updated guidelines for Authorised Dealer Category-I banks operating in International Financial Services Centres, requiring enhanced risk management protocols for inter-bank dealings and derivatives rebooking.
SEBI amends Mutual Fund advertisement rules, replacing Fifth Schedule with Common Advertisement Code under Intermediaries Regulations.
SEBI proposes to expand FPI access to commodity derivatives with safeguards including T-3 settlement, position transfer limits, and risk controls.
SEBI proposes to extend Vault Managers Regulations to gold and silver ETFs, bullion derivatives, with uniform custody, insurance, and compliance norms.
SEBI proposes to ease Regulation 62A for first-time NCD issuers, removing mandatory retrospective listing while retaining requirement for future issuances.
SEBI proposes a new accreditation framework allowing portfolio managers to certify sophisticated investors based on securities exposure. The move introduces ₹5 crore exposure threshold and three-year validity.
SEBI has proposed amendments to the Settlement Proceedings Regulations, 2018, introducing a revised penalty formula, extended filing timelines, and streamlined procedures. The move aims to enhance transparency and efficiency in enforcement settlements.
RBI tightens norms on rollover and rebooking of foreign exchange derivatives, requiring Authorised Dealers to ensure genuine trade intent and documentation. The move aims to prevent speculative forex trading under the guise of hedging.