Tag: RBI
May 8, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
RBI Issues Draft Circular for the Regulation of Payment...
In April 2024, the Reserve Bank of India ("RBI") issued the Draft Circular for the Regulation of Payment Aggregators ("Draft Circular"), in keeping with their pivotal role in the ever-evolving financial services industry. The Draft Circular is slated to update the extant Guidelines on Regulation of Payment Aggregators and Payment Gateways, as issued by the RBI on March 31, 2021 ("Guidelines"). ......
August 17, 2022
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
New M&A Norms for Payment System Operators
Payment and settlement systems are essential for the smooth functioning of financial markets, individual remittances, financial inclusion and growth of the economy as a whole. For this reason, central banks across the globe take a keen interest in their safe and efficient functioning. ......
July 13, 2022
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Digital Payments and Payment Aggregators: A Regulatory ...
In recent years, the digital payments space has grabbed eyeballs across India, with the upsurge in the use of debit cards, credit cards and UPI payments. The increase in the use of digital payments can be largely attributed to the increase in access to the internet, e-commerce websites, mobile applications and the pandemic that forced several individuals to shop online, even for basic necessities. ......
June 30, 2021
Intellectual Property | Copyright
Intellectual Property | Copyright
Unshackling the Art World: NFTs, Blockchain, and Copyri...
In the first part of this two-part series, we offered a brief overview of NFTs and their applicability in the art world. This second part discusses the copyright and other related legal implications surrounding NFTs. ......
June 29, 2021
Intellectual Property | Copyright
Intellectual Property | Copyright
Unshackling the Art World: NFTs, Blockchain, and Copyri...
The business of purchasing art is traditionally associated with the sale of unique, physical objects whose source was verified by galleries, auction houses and, typically, a trail of paper, to distinguish an original from a copy. In the physical world, you can simply go and buy a painting that you wish to hang on your wall. ......
June 22, 2018
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Indian companies having foreign investment to ensure re...
The Reserve Bank of India (“RBI”) has introduced a system of the Single Master Form (“SMF”) for foreign investment reporting. Significantly, the RBI now requires all Indian entities having foreign investment to provide an update of the total foreign investment by July 12, 2018....