The Reserve Bank of India will mandate unique transaction identifiers (UTIs) for all over-the-counter derivative trades starting January 1, 2027. This move aims to enhance traceability and risk monitoring for instruments like FX and interest rate derivatives. Market participants must upgrade systems for compliance, with CCIL expected to provide operational guidelines soon.
Goldman bans staff from participating in finance, politics prediction markets, source says
Goldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political events. The policy aims to prevent