The Cryptocurrency Bill, 2021 – from prohibition to regulation
Following the Indian Supreme Court decision in March 2020 (see our update on the ruling here), under which the ban on cryptocurrencies was lifted,...
SEBI’s proposed changes to preferential issue guidelines
The SEBI has released a consultation paper on the preferential issue guidelines prescribed under Chapter V of SEBI (Issue of Capital and Disclosure...
Reserve Bank of India announces tighter regulations for NBFCs in India
Non-Banking Financial Companies (NBFCs) form a major part of the financial system in India. Some large NBFCs like Indiabulls Group and Bajaj...
The case for social security benefits to gig workers in India
Recently, the Indian Federation of App Based Transport Workers, a registered trade union federation representing app-based transport and delivery...
IRDAI’s guidance document on cyber insurance policies – an analysis
On account of an unprecedented increase in cybercrimes since the advent of the Covid-19 pandemic, the Insurance Regulatory and Development Authority...
Sweeping reforms to India’s securities regulations
Background Late last month, the Securities & Exchange Board of India (SEBI) took several key decisions in its board meeting, including: the...