#financial-regulation
Spain blocks Polymarket and Kalshi over missing gambling licences
A three-to-four month suspension while Madrid’s gambling watchdog investigates makes Spain the latest European jurisdiction to treat prediction markets as unlicensed betting. Spain has temporarily blocked the US-based prediction markets Polymarket and Kalshi …
Sebi proposes dynamic options strike framework to tackle volatility, improve trading continuity
Securities and Exchange Board of India has proposed a new framework for managing options strike prices during volatile trading sessions. The plan aims to improve strike availability, enable intraday additions without system disruptions, and give exchanges fle…
RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities
The Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data reporting. Mintifi Finserve was fined for delayed customer KYC record uploads. Newa Investments was penalized for appoi…
RBI proposes tighter norms for recovery agents, bank employees; bars abusive language, blocking mobile phones: Details
The RBI has proposed stricter loan recovery rules, including mandatory certification for recovery agents, safeguards against harassment, grievance redressal mechanisms, and compensation for wrongful recovery actions. Lenders also cannot block mobile phones ov…
RBI proposes banks to disclose detailed information on capital, risks under Basel Pillar 3
The Reserve Bank of India is introducing new rules for banks under Basel III. Lenders will soon publish detailed information quarterly on capital, leverage, liquidity, and risks. This aims to boost transparency and market understanding. Banks must explain any…
RBI discontinues investment fluctuation reserve requirement for banks
The Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2026. Balances in the IFR will be transferred to other reserves. The Reserve Bank has issued separate circulars for coope…
SEBI eases tax concerns delaying FPI registrations
Regulator tells custodians and brokers acting for offshore funds they will not be liable for clients’ tax dues; public clarification expected soon
SEBI classifies ‘significant indices’ based on ₹20,000-cr AUM threshold
In its circular on Tuesday, the regulator said the threshold will be assessed for half-yearly periods ending on June 30 and December 31
SEBI forms task force, orders immediate cybersecurity overhaul amid Claude Mythos concerns
SEBI has named Anthropic's Claude Mythos in a cybersecurity circular, directing all regulated financial entities to urgently strengthen cyber defences. The post SEBI forms task force, orders immediate cybersecurity overhaul amid Claude Mythos concerns appeare…
India's markets regulator sets up task force to tackle AI-driven cyber threats
May 5 : India's markets regulator on Tuesday issued an advisory on emerging AI-driven vulnerability detection tools, warning that their use could introduce new cybersecurity risks for regulated entities.Here are some details: • The Securities and Exchange Boa…