Finalised Electronic Trading Platforms (ETP) directions have been issued.
The draft circulated by RBI previously for consultation in 2024, proposed that ETPs operating from outside India will get access to the Indian markets without having to set up an Indian subsidiary.
The same has no mention in the final directions.
Directions issued apply with immediate effect.
For further details, please see:
https://website.rbi.org.in/documents/87730/39710850/137MDETPJune162025.pdf
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