Regulatory News Wrap for Asia

Monday, 2026-11-02 · covering the last 72h

India

SEBI

SEBI eases the FPI KYC review cycle, stretching it to up to eight years. A circular amending the FPI Master Circular replaces the prior annual-or-three-year KYC review requirement with a tiered schedule: specified Category I and regulated Category II FPIs move to review intervals of up to eight years, while other categories (including higher-risk Category II) move to two years; SEBI also dropped the requirement to flag information changes at registration continuance. Government- and sovereign-related FPIs and SWAGAT-FI FPIs, already on separate cycles, are unchanged. The change loosens the compliance burden rather than tightening it. Effective December 1, 2026. Press release

Exchanges (NSE/BSE)

BSE extends clearing-corporation interoperability to tender offers. Buyback, takeover and delisting tender offers can now be routed through either clearing corporation under BSE's existing CC-interoperability framework, letting members and custodians pick their designated clearing corporation for these offers; detailed risk-management and clearing guidelines are to follow in a separate circular. Effective on or after November 27, 2026. BSE notice

NSE's other filings stayed routine this window — surveillance-list refreshes (ASM/ST-ASM/ESM/GSM), auction and listing notices, and a pre-trade risk-control update tightening order-ID validation — nothing else touching algo trading, colocation, tick sizes, circuit limits or block/bulk deal rules.

RBI, IFSCA & other

No new FEMA/FPI, settlement or payment-system rule-making from RBI as rule-maker this window, and nothing equities-relevant from IFSCA.

Rest of Asia — Developed Markets

Australia — ASIC: ASIC opened a consultation on updates to RG 172, its financial-resources guidance for licensed market operators, proposing scenario and stress-testing expectations for significant market venues alongside new reporting and monitoring requirements and clarified guidance generally. Comments close December 4, 2026. Media release

Japan, Hong Kong, Singapore and New Zealand were quiet this window.

Rest of Asia — Emerging Markets

Nothing material surfaced from China, Korea or Taiwan's regulators, exchanges or central banks this window.

Thailand, Indonesia, Malaysia and the Philippines stayed quiet too.

Informational only — summaries of public regulatory and central bank sources; not advice.