FPI Debt Investment Limits and Credit Default Swaps
The Reserve Bank of India has issued A.P. (DIR Series) Circular No. 05 setting FPI investment limits for FY 2026-27 (April 2026 to March 2027). The percentage limits for G-Secs (6%), SGSs (2%), and corporate bonds (15%) of outstanding stocks remain unchanged under the General Route. A key policy change requires all Voluntary Retention Route investments to now be subject to General Route limits. Total debt limits have been revised to ₹15,51,646 crore for the first half and ₹16,32,640 crore for the second half, with an additional ₹3,30,464 crore CDS limit.
Soph Co LLC Entity Exclusion
U.S. Customs and Border Protection added Soph Co LLC to the System for Award Management (SAM.gov) entity exclusions list. This federal debarment action prohibits the company from receiving federal contracts and federally-funded grants. Exclusion records on SAM.gov are binding across all federal agencies.
Proposed Removal of Prescriptive Rule on Indirect Vehicle Loan Servicing
The NCUA Board published a proposed rule to remove prescriptive regulatory requirements governing third-party servicing of indirect vehicle loans currently codified at §§ 701.21(h) and 741.203(c). The existing rule limits indirect loans and participations purchased from any one servicer to 50% of a credit union's net worth (increasing to 100% after 30 months of experience). The proposal seeks comment on reducing regulatory burden and providing credit unions greater operational flexibility through a principles-based supervisory approach.
Real-Time Reconciliation and Kill Switches Required for Virtual Asset Exchanges
The Financial Services Commission of Korea met with five major virtual asset exchanges and DAXA on April 6, 2026, to announce enhanced requirements following inspections after Bithumb's erroneous payout incident. Inspections revealed inadequate ledger-to-wallet reconciliation (24-hour basis only), missing kill switches, and poor high-risk transaction controls. Exchanges must now implement real-time reconciliation every five minutes, automated kill switches for large-scale mismatches, and increase external verification from quarterly to monthly.
Hurricane Milton Regulatory Relief for Financial Institutions
The FDIC, Federal Reserve, Florida Office of Financial Regulation, NCUA, and OCC issued an interagency statement on October 15, 2024, providing supervisory relief for financial institutions affected by Hurricane Milton. The statement addresses lending flexibility, temporary facility operations, publishing requirements, and regulatory reporting. The agencies will not assess penalties against institutions taking reasonable and prudent steps to comply with reporting requirements.
Florida Financial Institution Tropical Cyclone Nine Proclamation
The Florida Office of Financial Regulation issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding potential Tropical Cyclone Nine. The advisory serves as advance notice to the regulated community to prepare for potential storm impacts. No specific compliance requirements or deadlines were established in this proclamation.
License Renewal Deadlines for OFR-Licensed Financial Services Entities
The Florida Office of Financial Regulation announces open license renewal periods for entities licensed under Chapters 494, 517, 559, and 560, Florida Statutes. Deadlines range from December 26, 2023 through January 3, 2024 depending on license type. Affected entities include FINRA member dealers, investment advisers, mortgage lenders/originators, collection agencies, and money services businesses.
Changes in Check Cashing Laws - HB 1185
FL OFR issued an industry alert notifying licensed check cashers of House Bill 1185, which creates new restrictions on cashing corporate checks under s. 560.309(11), F.S. The bill prohibits cashing corporate checks exceeding 200% of the payee's workers' compensation policy payroll amount and makes knowing and willful violations a third-degree felony. The law takes effect July 1, 2023.
Proclamation to Florida Financial Institutions Regarding Tropical Storm Milton
The Florida Office of Financial Regulation (FL OFR) issued a proclamation on October 6, 2024, to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Milton. The proclamation appears to be a standard emergency notification mechanism for the financial services sector during severe weather events. No specific compliance obligations, deadlines, or penalties are detailed in the notice.
Second Amended Hurricane Debby Proclamation for Florida Financial Institutions
The Florida Office of Financial Regulation issued a second amended proclamation extending hurricane regulatory relief provisions to Florida state-chartered financial institutions and securities professionals regarding Hurricane Debby. The proclamation extends previously issued relief measures to ensure continued operation of financial services during the hurricane emergency.
Money Market Operations Data Release
Reserve Bank of India released routine money market operations data as of April 3, 2026. The press release provides statistical information on money market operations including amounts in ₹ crore and interest rates. This is a regular operational data publication from RBI with no new regulatory requirements.
Money Market Operations Report
The Reserve Bank of India published money market operations data for April 2, 2026, showing total market volume of ₹6.4 trillion (₹6,400 billion) with overnight call money rates ranging from 4.77% to 5.80%. The report provides statistical data on interbank money market transactions for market participants and monetary policy analysis.
Overnight Money Market Operations Data
The Reserve Bank of India published its daily money market operations report dated April 6, 2026, showing data as of April 4, 2026. The overnight money market recorded transactions totaling ₹33,600 crore (₹33.6k crore) at a weighted average interest rate of 4.42%. This is a routine statistical release providing market participants with daily monetary operation data.
Extension of Sadbhav Nagrik Bank Directions
The Reserve Bank of India has extended the regulatory directions issued to Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, Madhya Pradesh for a further period of three months. The extension runs from the close of business on April 07, 2026 to the close of business on July 07, 2026, subject to review. All other terms and conditions of the original directive remain unchanged.
Daily Money Market Operations Data
Reserve Bank of India published daily money market operations data for April 5, 2026, containing aggregate lending and borrowing statistics in the Indian money market. The report provides figures on various money market instruments including amounts and weighted average rates.