Legal Framework SEBI Act, 1992
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Current affairsRBI-SEBI Real World Asset (RWA) Tokenisation Pilot: India's First Tokenised Corporate Bond and the Blockchain Finance FrontierRBI Governor Sanjay Malhotra and SEBI Chairperson Tuhin Kanta Pandey jointly launched India's first tokenised corporate bond pilot at Global Fintech Fest 2026. REC Limited raised ₹500 crore via blockchain, settled in RBI's wholesale CBDC (e₹-W). By September 10, three issuers raised ₹1,025 crore under SEBI's Demat 2.0 framework — marking India's entry into blockchain-based capital markets. Current affairsSEBI-ESMA MoU on Central Counterparties (September 2026): India-EU Clearing House Cooperation and Its SignificanceSEBI and ESMA (European Securities and Markets Authority) signed an MoU on September 4, 2026, in Paris, covering cooperation and information exchange on Central Counterparties (CCPs). The agreement — signed by SEBI Chairman Tuhin Kanta Pandey and ESMA Chair Verena Ross — replaces the 2017 MoU and enables Indian CCPs to re-apply for ESMA recognition under EMIR, restoring EU clearing members' access to Indian clearing infrastructure. Current affairsSEBI IT Resilience Index for Market Infrastructure Institutions: Nine-Parameter Framework and Implications for India's Capital MarketsThe Securities and Exchange Board of India (SEBI) issued a circular on August 24, 2026 mandating a standardised IT Resilience Index (ITRI) for all Market Infrastructure Institutions — stock exchanges, depositories and clearing corporations — rated on nine parameters including availability and security, to be operationalised within six months.