The FinTech Hub
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Monday mandated all qualified stockbrokers to provide their clients with a unified payments interface (UPI) for blocking funds or a 3-in-1 trading system to trade in the secondary markets. From 1 February 2025, all qualified stockbrokers must offer either the UPI-blocked trading facility…
Source: Live Mint Here is a look at how investors can buy and sell bonds on online bond platforms, the limitations they are likely to face, and other options for investors. Let’s look at OBPs first. OBPs: Buying and selling Sebi has stipulated that OBPs use exchanges’ request for quote (RFQ) facility for investors to…
Source: Live Mint The Securities and Exchange Board of India (SEBI) on Monday cautioned investors about virtual trading and gaming platforms that provide trading advice based on stock prices. “It has come to the notice of the Securities and Exchange Board of India that some apps/web applications/platforms are offering virtual trading services or paper trading…
Source: Live Mint The proposal mandates asset management companies (AMCs) to allocate funds within 30 days of NFO closure, with a possible 30-day extension upon committee approval. The market regulator’s objective is to enhance transparency and safeguard investor interests by reducing fund idle time and ensuring alignment with stated asset allocations. Why Sebi is setting…
Source: Live Mint NEW DELHI : In China, some social media influencers are being taken by the police for questioning for spreading misinformation online. An Economist article recently cited how China’s police are taking online fibbing seriously. Globally, misinformation causes a lot of stress, but the biggest source of evil is from finance influencers who…
Source: Live Mint While inviting suggestions from the members of public, Capital markets regulator Securities Exchange Board of India (Sebi) has released a consultation paper on review of issue and listing of debt instruments and security receipts. For those who are unaware, Sebi had set up a working group to review the regulations relating to…
Source: Live Mint The central recommendation is a 30-day window for deploying these funds in line with the asset allocation specified in the scheme. Sebi’s push for this timely deployment of NFO funds aims to protect investors from prolonged market exposure delays and ensure their money is actively invested as intended. The current regulatory framework,…
Source: Live Mint Nitin Sawant, founder of NS Wealth, a Sebi-registered investment advisory firm, secured final approval from the Reserve Bank of India (RBI) on 28 October to launch an account aggregator (AA) platform under his new venture, OMS Fintech Account Aggregator. This initiative aims to provide a consumer-focused AA service. Sawant, who began his…
Source: Live Mint Recently, the capital markets regulator, Securities and Exchange Board of India, proposed changes to make it easier for individuals to become registered investment advisors (RIA) for individuals looking to get advice on their personal finances. SEBI has done this, presumably, with the objective of encouraging more professionals to seek out the RIA…
Source: Live Mint Starting 1 November, insiders in mutual fund companies, including asset management company (AMC) executives, trustees, and their immediate relatives, will be subject to the same stringent rules that govern trades in listed securities. This is the first time mutual funds will be regulated under insider trading rules, ensuring that those with access…
