Sebi mulls direct reporting of AIFs’ PPM changes to rationalise compliance cost. Market regulator Securities Exchange Board of India (SEBI) is considering some major changes in the private placement memorandum (PPM) of alternative investment funds (AIFs). In order to facilitate the ease of doing business, Sebi has proposed that the PPM of the AIF can be directly submitted to the market regulator rather than processing it through a merchant banker. The proposed move would also […]

Introducing the Future of Health Insurance Regulation Amidst the evolving landscape of healthcare services, a groundbreaking development may accelerate sooner than anticipated, ushering in a new era for health insurance regulation. Anticipated Arrival of a Health Insurance Regulator The Union finance ministry is spearheading efforts towards establishing a distinct health insurance regulator at the forefront of policy agendas. Key Features and Benefits Consultations initiated with stakeholders including insurance companies, healthcare providers, and the National Health […]

Can Regulation Technology Solve Bank Compliance Challenges Introduction Compliance is a critical function in banks, vital for organizational resilience and stability. However, inadequate compliance can have serious consequences for banks and the financial sector as a whole. This article explores the role of regulatory technology (reg-tech) in addressing banks’ compliance woes. The Importance and Complexity of Compliance Regulatory expectations for banks have increased significantly since the 2008 Global Financial Crisis. These expectations cover a wide […]

Funding Winter Persists for Indian Startups Despite Arrival of Summer Season The Indian startup ecosystem witnessed a decline in venture capital funding during the first quarter of 2024, reversing the moderate growth recorded in the previous three quarters. Startups raised just $2 billion during the March-ended quarter, a decline from the $2.3 billion raised in the previous quarter. The number of funding rounds also hit a three-year low. Emergence of New Unicorns The slow quarter […]

How a domestic rating agency wants to take on the big guns. Mumbai: Homegrown Care Ratings Ltd plans to start its sovereign debt ratings service with countries in Asia and Africa, followed by Europe in the long term, a top executive said. The agency, which is creating a subsidiary in GIFT City for the purpose, will start with countries where it already has some presence, such as Nepal, Mauritius, and South Africa. The board of […]