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While buying digital gold is legal, there is still no clarity on whether it is regulated or formally recognised by any government authority. The SEBI advisory has caused concern among industry participants

Former RBI deputy guv NS Viswanathan to chair India Fintech Foundation, seeks SRO recognition

The India Fintech Foundation, also referred to as the SRO-Fintech Development Foundation (SROFT-DF), is an offshoot of IAMAI's Fintech Convergence Council (FCC).

FCC members float new entity to compete for SRO-Fintech licence

The SRO-FT Development Foundation is an offshoot of FCC. Self-regulatory organisations (SROs) are expected to act as a bridge between the industry and the regulator, setting standards for the conduct of fintech firms

RBI sets the ball rolling for a self-regulatory body for account aggregators

The initiative aims to streamline data exchange and resolve operational issues within the financial sector

ISRO SpaDeX docking on January 9: Where and how to watch India's historic mission LIVE

ISRO's SpaDeX mission will attempt India's first-ever in-orbit docking experiment on January 9. Watch the live event and witness a new space milestone for India.

Microfinance supervisor Sa-Dhan caps RoA at 4% after RBI whip on NBFCs: Report

Sa-Dhan will meet its members during a national conference this week to review the situation.

FCC, DLAI taking required actions to qualify for RBI's fintech SRO license

The need to form SROs for the fintech industry arose after the central bank, on May 30, released its final guidelines regarding SROs for enforcing regulatory standards and fostering transparency in the sector.

Coming soon: A new regulator to monitor your fintech apps. Here's what a fintech SRO can do

The RBI has released a draft framework for fintechs to create self-regulatory organisations (SRO-FT) which will ensure members adhere to industry standards and comply with relevant laws and regulations. That apart, they will play an important role in serving consumer interest

Fintechs to get self-regulatory organisation in 3-6 months, say industry players

These industry players who are in conversation with the RBI on the matter said the SRO will focus on code of conduct and overall infrastructure for the sector.

SEBI asks AMFI to get ready for self-regulatory body of distributors: Sources

The SRO for mutual fund distributors will be responsible for micro-regulations of its members

SC slams Sebi move to hear MF's SRO case afresh

The apex court held that this is an issue that has been brought to the notice of the apex court and that Sebi was acting as a parallel to the process when the matter is already sub-judice and with the SC

Nasdaq fails to win dismissal of Facebook IPO lawsuit

Nasdaq had argued that its status as a self-regulatory organization (SRO) gave it immunity from claims it broke securities laws and was negligent in how it executed orders to buy and sell shares of the social media company on May 18, 2012, the first day of trading.

MF biz starts SRO selection to meet Sebi deadline

CNBC-TV18's Manasvi Ghelani reports that the mutual fund sector has started the process for the selection of SROs to meet the Sebi deadline of July 31, 2013.

SEBI invites applications for mutual fund distribution SRO

Starting the process for setting up a Self Regulatory Organisation for the mutual funds distributors, capital markets regulator SEBI invited applications from groups of intermediaries interested in forming such an oversight body.

Sebi notifies regulations to set up SRO for MF distributors

In a move to regulate mutual fund distribution business, Sebi said it has notified regulations to set up a Self Regulatory Organisation (SRO) to monitor distributors of mutual fund and portfolio management products.