The Reserve Bank of India today released draft directions on Prohibition of Market Abuse. Comments on the draft directions are invited from market participants and other interested parties by October 31, 2018
Feedback on the draft directions may be forwarded to:
The Chief General Manager, Reserve Bank of India
Or by email with subject line “Feedback on draft directions on Prohibition of Market Abuse”
Reserve Bank of India had, in its Statement on Developmental and Regulatory Policies, the Second Bi-monthly Monetary Policy Statement dated June 06, 2018, announced that it will introduce regulations, in line with the best global practices, to prevent abuse in markets regulated by the Reserve Bank. Accordingly, draft directions on Prohibition of Market Abuse are being issued for feedback.
Press Release : 2018-2019/737
Source: RBI Press Releases