Sebi needs to step up criminal enforcement: EU market watchdog
11 years, 4 months ago

Sebi needs to step up criminal enforcement: EU market watchdog

Firstpost  

The European market regulator said that Sebi faces three main challenges that impact the effectiveness of its regulation on the securities market participants. New Delhi: European Esma has lauded Sebi for developing a robust surveillance and enforcement system but has called for a stepped-up criminal enforcement framework for capital market violations in India. “Based on such strong legal framework Sebi has also developed robust regulations for different types of market participants and RSEs,” Esma said. However, Esma said, “An important challenge outside of the control of Sebi is criminal enforcement, which needs to be stepped up.” Moreover, the European market regulator said that Sebi faces three main challenges that impact the effectiveness of its regulation on the securities market participants.

Enforcement European Eu Market Esma Sebi Securities Criminal Enforcement  esma  system  surveillance  step  enforcement  watchdog  european  needs  criminal  sebi  securities  exchange  authority  eu  market

History of this topic

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside
2 weeks, 3 days ago

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside

ABP News  

Markets regulator Sebi has widened the ambit of the scope of Unpublished Price Sensitive Information by including any proposed fundraising activities agreements which can impact the management or control of the company, restructuring plans, and one-time bank settlements. Sebi said that fraud or defaults by the company, its promoter, director, key managerial personnel, or subsidiary or arrest of key managerial …

Terror financing, money laundering course for market agents now on SEBI
2 weeks, 6 days ago

Terror financing, money laundering course for market agents now on SEBI

India Today  

SEBI has launched a new certification course to tackle the problem of money laundering and terrorist finance for market intermediaries. The AML and CFT Provisions in Securities Market Certification Examination course has been developed by SEBI in collaboration with the National Institute of Securities Markets. Some of them are the Prevention of Money Laundering Act, 2002, Scheduled Offences, AML and …

Spotlight on Sebi’s conduct
3 weeks, 6 days ago

Spotlight on Sebi’s conduct

Hindustan Times  

A special court ordering registration of FIRs against Madhabi Puri Buch, who just completed her tenure as the chairperson of the Securities and Exchange Board of India and five others, in connection to allegations of financial fraud, regulatory violations and corruption puts the market regulator under the spotlight again. The Anti-Corruption Bureau court said there was “prima facie evidence of …

'Prima Facie Evidence Of Regulatory Lapses' : Court Orders FIR Against Ex-SEBI Chief Madhabi Puri Buch & BSE Officials
4 weeks ago

'Prima Facie Evidence Of Regulatory Lapses' : Court Orders FIR Against Ex-SEBI Chief Madhabi Puri Buch & BSE Officials

Live Law  

A Special Court in Mumbai on Saturday ordered the Anti-Corruption Bureau, Mumbai to register a FIR against former Securities and Exchange Board of India SEBI) chairperson - Madhabi Puri Buch and also three of its "whole time members" and the top brass of the Bombay Stock Exchange, Special Judge passed the order in an application under Section 156 Cr.P.C. Special …

Mumbai court directs case against Madhabi Buch, top Sebi, stock market officials
4 weeks, 1 day ago

Mumbai court directs case against Madhabi Buch, top Sebi, stock market officials

India Today  

A special Anti-Corruption court in Mumbai on Saturday ordered the registration of an FIR against top officials of the Securities and Exchange Board of India including former Sebi Chairperson Madhabi Puri Buch and Bombay Stock Exchange in a case of alleged stock market fraud and regulatory violations. The complainant contended that Sebi officials failed in their statutory duty, facilitated market …

Sebi imposes ₹5 crore penalty on BSE arm ICCL for regulatory lapses
1 month ago

Sebi imposes ₹5 crore penalty on BSE arm ICCL for regulatory lapses

Live Mint  

In a significant regulatory move, the Securities and Exchange Board of India slapped a penalty of ₹5.05 crore on the Indian Clearing Corporation Ltd., a subsidiary of BSE Ltd, following an inspection that revealed several instances of non-compliance concerning the clearing corporation’s practices and systems. The inspection also revealed that ICCL had not fully complied with Sebi’s cyber security framework, …

Sebi notches up governance norms and easing procedures: What it means for investors
1 month, 3 weeks ago

Sebi notches up governance norms and easing procedures: What it means for investors

Live Mint  

The market regulator’s latest updates to the listing regulations present a wholesome platter of governance enhancements, accompanied by a fine glass of procedural easing to wash it down. Sebi’s changes in this matter aim at bolstering the independence of secretarial auditors by introducing stricter conditions including mandatory rotation of secretarial auditors, mirroring the approach already present for statutory auditors. Sebi …

Indian market regulator Sebi issues new algo trading rules, here’s why it’s significant – Firstpost
1 month, 3 weeks ago

Indian market regulator Sebi issues new algo trading rules, here’s why it’s significant – Firstpost

Firstpost  

The Securities and Exchange Board of India, by announcing the move, aims to cater to increased demand from retail investors for algorithm trading. The agency had earlier raised concerns over emergence of unregistered algo marketplaces The new guidelines require stockbrokers, exchanges, and algorithmic trading providers to put in place stricter risk management measures. Reuters Indian market regulator, the Securities and …

Sebi takes its investor-protection crusade to algo trading turf
Trending News
1 month, 3 weeks ago

Sebi takes its investor-protection crusade to algo trading turf

Live Mint  

The Securities and Exchange Board of India has unveiled a revised regulatory framework aimed at promoting safer participation of retail investors in algorithmic trading. The new guidelines, outlined in Sebi’s circular issued on Tuesday, will require stockbrokers, exchanges, and algorithmic trading providers to implement stricter risk management measures. "While the framework prevents malpractices by enforcing stricter due diligence for algo …

SEBI fines Motilal Oswal ₹7 lakh for violating stock brokerage regulations: Report
2 months ago

SEBI fines Motilal Oswal ₹7 lakh for violating stock brokerage regulations: Report

Live Mint  

India's capital market regulator, the Securities and Exchange Board of India, on Thursday, January 30, fined the brokerage Motilal Oswal Financial Services ₹7 lakh after conducting an investigation over an alleged violation of stock brokerage regulations, reported multiple media outlets. “After taking into consideration the facts and circumstances of the case, materials available on record, submissions made by the Noticee …

India needs a way to hold autonomous regulators accountable
2 months ago

India needs a way to hold autonomous regulators accountable

Live Mint  

Two former chairmen of the Securities and Exchange Board of India have, over the last four months, called for studying the impact of regulation, so that it can be factored into decision-making. M. Damodaran, speaking at the recent Mint BFSI summit, argued that Sebi must convey the rationale of its decisions effectively because regulation must protect investor interests in appearance …

Front running case: Sebi bans 2 persons from securities market for 6-month
2 months ago

Front running case: Sebi bans 2 persons from securities market for 6-month

Live Mint  

New Delhi, Markets regulator Sebi on Tuesday restrained two persons from the securities market for six months and directed them to disgorge ₹34.26 lakh "wrongful gains" made by them through their involvement in front-running activities. Ltd. in the cash market and equity derivatives segments of NSE by its dealer Kadam in the trading account of Bhatkar based on the impending …

Sebi settles adjudication proceedings against Paytm executives
2 months, 1 week ago

Sebi settles adjudication proceedings against Paytm executives

Live Mint  

Mumbai: Markets regulator Securities and Exchange Board of India has settled adjudication proceedings against several executives and independent directors of One97 Communications Ltd, the parent of fintech firm Paytm, for alleged violations of securities laws. The adjudication proceedings stemmed from concerns raised by Sebi in July 2023 regarding the actions of Amit Khera, Paytm’s then-compliance officer and company secretary, as …

Sebi bans Ketan Parekh, 2 others from securities markets over involvement in front-running scheme
2 months, 4 weeks ago

Sebi bans Ketan Parekh, 2 others from securities markets over involvement in front-running scheme

Live Mint  

Markets regulator Sebi on Thursday barred three individuals, including Ketan Parekh, from the securities markets with immediate effect for their alleged involvement in a front-running scheme which generated illegal gains of ₹65.77 crore. The regulator also restrained Ketan Parekh, Rohit Salgaocar and Ashok Kumar Poddar from associating with any intermediary registered with Sebi, either directly or indirectly, with immediate effect. …

Unlisted securities: The high-stakes gamble luring India’s retail investors
3 months ago

Unlisted securities: The high-stakes gamble luring India’s retail investors

Live Mint  

Lured by the promise of outsized returns, early access to high-growth companies, and lower fees, retail investors are venturing into the unregulated and risky world of unlisted securities. What the platforms say Platforms play a pivotal role in the unlisted securities market, acting as intermediaries that provide liquidity to early investors or Esop holders in companies gearing up for public …

Sebi suspends Bharat Global trading after stock rally 10,000 per cent in one year
Trending News
3 months, 1 week ago

Sebi suspends Bharat Global trading after stock rally 10,000 per cent in one year

New Indian Express  

MUMBAI: The market regulator Sebi has ordered the suspension of trading in Bharat Global Developers’ stocks, which have surged more than 10,000 per cent in the past year. The decision came after it was discovered that the company had falsely claimed to have secured large orders from marquee corporates like Reliance, Tata Group, UPL, and McCain India Agro. In a …

SEBI Tightens Rules on Offshore Derivative Instruments to Boost Transparency
3 months, 1 week ago

SEBI Tightens Rules on Offshore Derivative Instruments to Boost Transparency

Deccan Chronicle  

The Securities and Exchange Board of India has introduced significant changes to the regulations governing Offshore Derivative Instruments issued by Foreign Portfolio Investors. A circular issued on Tuesday outlined the new requirements aimed at enhancing market transparency and stability.Under the revised framework, FPIs are prohibited from issuing ODIs with derivatives as their underlying assets or using derivatives to hedge their …

Sebi against exuberance, price manipulations in SME listings; board to discuss it soon: WTM Bhatia
3 months, 1 week ago

Sebi against exuberance, price manipulations in SME listings; board to discuss it soon: WTM Bhatia

Live Mint  

Mumbai, Dec 17 Capital markets regulator Sebi wants to prevent exuberance, price manipulations and fraudulent trading practices on the Small and Medium Enterprises exchange, a senior official said on Tuesday. Addressing the India SME Banking Summit here, Whole Time Member Ashwani Bhatia said the regulator's board will be taking up the issue at its forthcoming meeting. "We are cognisant of …

SEBI Warns Against Trading Unlisted Securities on Unauthorized Platforms
3 months, 2 weeks ago

SEBI Warns Against Trading Unlisted Securities on Unauthorized Platforms

Deccan Chronicle  

The Securities and Exchange Board of India has issued a cautionary advisory to investors, warning against trading in securities of unlisted public limited companies on unauthorized electronic platforms.In a statement, SEBI highlighted that certain electronic platforms and websites have been facilitating such transactions, which violates the Securities Contract Act, 1956, and the SEBI Act, 1992. These laws are intended to …

Are SEBI’s new F&O rules successful in curbing Indian stock market’s volatility? Experts weigh in
3 months, 3 weeks ago

Are SEBI’s new F&O rules successful in curbing Indian stock market’s volatility? Experts weigh in

Live Mint  

However, the efficacy of these changes is now being questioned by experts, as they anticipate some unintended consequences.Earlier this year, the Securities and Exchange Board of India announced new rules to tackle high volatility in the derivatives market and safeguard the interest of retail investors. Impact on Retail Traders Retail investors, who are often drawn to the quick profit potential …

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance
3 months, 3 weeks ago

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance

Live Mint  

The Supreme Court has declined to intervene in the Calcutta High Court’s decision to give the Calcutta Stock Exchange, India’s oldest stock exchange, more time to comply with the Securities and Exchange Board of India’s 2012 Exit Policy. The court said it would review CSE’s compliance with the Exit Policy at the next hearing on 7 March 2025. Sebi had …

Sebi proposes online monitoring framework for stockbroker audits
3 months, 3 weeks ago

Sebi proposes online monitoring framework for stockbroker audits

Live Mint  

The Securities and Exchange Board of India has proposed a new online system to improve the monitoring and supervision of stockbrokers' system audits. This proposal, aimed at enhancing audit quality and accountability, will create a web-based platform for stock exchanges to oversee the system audit process for brokers in real-time. These risks include audits conducted without physical visits to stockbrokers’ …

Sebi crackdown against bond platforms may have revealed a regulatory gap
3 months, 4 weeks ago

Sebi crackdown against bond platforms may have revealed a regulatory gap

Live Mint  

Mumbai: The crackdown against a clutch of online bond platforms is just an extension of India’s market regulator’s efforts to protect retail investors as these entities exploited regulatory gaps. “Instances where securities were sold shortly after allotment, and to more than 200 investors, bring these transactions under Sebi’s regulatory purview, requiring compliance with public issue norms, such as disclosure requirements …

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms
4 months ago

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms

Live Mint  

Capital markets regulator Securities and Exchange Board of India on Friday, November 29, penalized Reliance Securities with ₹9 lakh for flouting market norms and stock broker rules. The order came after the regulator and exchanges, NSE and BSE, conducted a thematic onsite inspection of the books of accounts, records, and other documents of authorised persons of Reliance Securities Ltd, a …

SEBI directs MIIs to establish SOPs for disciplinary actions against KMPs
4 months, 1 week ago

SEBI directs MIIs to establish SOPs for disciplinary actions against KMPs

Live Mint  

The Securities and Exchange Board of India has issued new directives for Market Infrastructure Institutions to develop internal Standard Operating Procedures for disciplinary actions against Key Managerial Personnel in case of non-compliance with regulatory requirements and internal guidelines. Sebi’s regulations stipulate that all MIIs must adhere to the same corporate governance norms and disclosure requirements as those for listed companies. …

Sebi proposes revisions to custodian regulations
4 months, 2 weeks ago

Sebi proposes revisions to custodian regulations

Live Mint  

The Securities and Exchange Board of India has issued a consultation paper seeking feedback on proposed updates to the Sebi Regulations, which govern the operations of custodians in the Indian securities market. Given the importance of custodians in ensuring smooth market operations, especially for institutional investors, the consultation paper proposes several changes to enhance regulatory oversight and operational resilience. Sebi …

SEBI warns investors against unauthorised virtual trading, gaming platforms offering stock price-based advice
4 months, 3 weeks ago

SEBI warns investors against unauthorised virtual trading, gaming platforms offering stock price-based advice

Live Mint  

The Securities and Exchange Board of India on Monday cautioned investors about unauthorised virtual trading and gaming platforms that provide trading advice based on stock prices. “By mimicking securities market activities and promising financial returns, many of these platforms can create an unauthorised trading experience that often leads to investor exploitation,” said Sumit Agrawal, founder of Regstreet Law and former …

Sebi's fixed timelines to address delays in NFO fund deployment
4 months, 3 weeks ago

Sebi's fixed timelines to address delays in NFO fund deployment

Live Mint  

NEW DELHI : In a pivotal regulatory proposal, the Securities and Exchange Board of India has outlined fixed timelines for deploying funds collected through new fund offers. Why Sebi is setting a deployment timeline Historically, delays in fund deployment have raised concerns, with investors expecting their contributions to be promptly invested according to each fund’s objectives. Sebi’s motivation behind a …

SEBI tightens noose on insider trading
6 months ago

SEBI tightens noose on insider trading

The Hindu  

In a bid to tighten the noose on insider trading, the Securities and Exchange Board of India on Monday decided to expand the definition of “connected persons” who have access to price sensitive information. According to the decision ratified by the board, a connected person would now include “a firm or its partner or its employee in which a ‘connected …

SEBI Imposes Rs 11 Lakh Fine On IIFL Securities For Compliance Failures
7 months ago

SEBI Imposes Rs 11 Lakh Fine On IIFL Securities For Compliance Failures

Live Law  

The Securities and Exchange Board of India has levied a fine of Rs 11 lakh on IIFL Securities Limited for breaches of various regulatory guidelines under the Securities Contracts Rules and associated SEBI circulars. The SEBI order highlighted that IIFL Securities violated multiple provisions related to margin trading and client fund management. The broker was found to have transferred securities …

Sebi imposes ₹11 lakh penalty on IIFL Securities for violating stock broker regulations
7 months, 1 week ago

Sebi imposes ₹11 lakh penalty on IIFL Securities for violating stock broker regulations

Live Mint  

Capital market regulator Sebi on Wednesday slapped a fine of ₹11 lakh on brokerage firm IIFL Securities for flouting stock broker rules and other regulatory norms. Sebi conducted an inspection of IIFL Securities Ltd covering the period from April to July 2022 to assess the firm’s adherence to regulatory requirements. In its 35-page order, Sebi noted that IIFL Securities acknowledged …

SEBI’s Buch Under Pressure: Can India’s Market Watchdog Chief Weather the Storm?
7 months, 2 weeks ago

SEBI’s Buch Under Pressure: Can India’s Market Watchdog Chief Weather the Storm?

The Hindu  

Published : Aug 16, 2024 20:42 IST - 8 MINS READ When the Satyam scam came to light in January 2009, it was a bolt from the blue for India’s stock market. The report accuses Buch of investing in an offshore Mauritius fund that’s part of the very fund structure being probed by SEBI for its fund flows into Adani …

​Step down: On upholding the integrity of SEBI
7 months, 2 weeks ago

​Step down: On upholding the integrity of SEBI

The Hindu  

Not since the Harshad Mehta scam of 1992 has India’s securities regulations and oversight come under such scrutiny. However, the accusations of a conflict of interest levelled by New York-based short-seller Hindenburg Research against SEBI chairperson Madhabi Puri Buch in the conduct of the ongoing investigations against the Adani Group, the Ahmedabad-based global infrastructure to FMCG major, for alleged stock …

SEBI Fines IFGL Rs. 4 Lakh For Regulatory Breaches And Deficient Investor Grievance System
8 months ago

SEBI Fines IFGL Rs. 4 Lakh For Regulatory Breaches And Deficient Investor Grievance System

Live Law  

The Securities and Exchange Board of India has fined Delhi-based Indian Finance Guaranty Ltd Rs. The primary issues identified included IFGL's engagement in fund-based activities and multiple deficiencies in its investor grievance redressal system. SEBI mandates that stock brokers must provide a designated email ID exclusively for investor grievances, yet IFGL used the personal email of its CEO and compliance …

SEBI Proposes Amendments To Handle Securities Law Violations By Intermediaries Through Summary Proceedings
8 months, 2 weeks ago

SEBI Proposes Amendments To Handle Securities Law Violations By Intermediaries Through Summary Proceedings

Live Law  

The Securities and Exchange Board of India has issued a consultation paper proposing amendments to the SEBI Regulations, 2008 which introduces provisions for summary proceedings to handle specific types of securities law violations by intermediaries. The introduction of summary proceedings addresses issues observed in the current regulatory framework. However, SEBI has noted an increased number of violations by other intermediaries, …

SEBI Releases Master Circular On Surveillance of Securities Market
8 months, 2 weeks ago

SEBI Releases Master Circular On Surveillance of Securities Market

Live Law  

The Securities and Exchange Board of India has recently issued Master Circular on the Surveillance of the Securities Market. Under the new guidelines, SEBI mandates that trading in certain securities, including those affected by corporate actions such as mergers, demergers, and capital reductions, must initially occur in the Trade for Trade segment. The circular stated that such misinformation, often disseminated …

Market surge emphasizes importance of Sebi, SAT: CJI DY Chandrachud
8 months, 3 weeks ago

Market surge emphasizes importance of Sebi, SAT: CJI DY Chandrachud

Live Mint  

Chief Justice of India D.Y. Chandrachud on Thursday emphasized the importance of market regulator Securities and Exchange Board of India and its appellate body Securities Appellate Tribunal in view of the relentless surge in stock prices. “It gives you a sense of the market sentiment," justice Chandrachud said, adding that it also “emphasizes the importance of regulatory authorities including Sebi …

Sebi chief Madhabi Buch urges industry to report market misconduct
8 months, 3 weeks ago

Sebi chief Madhabi Buch urges industry to report market misconduct

Live Mint  

In a call to action, market regulator Securities and Exchange Board of India has urged industry stakeholders to proactively report any malpractices within their sectors. This, Sebi chairperson Madhabi Puri Buch emphasized, is crucial to maintaining investor trust—a cornerstone for a growing market. Amid this surge, Sebi has implemented stricter measures to ensure market integrity, including stringent instructions to regulated …

SEBI Can Now Impose Fine On Market Infrastructure Institutions (MIIs) For Surveillance-Related Lapses
9 months, 3 weeks ago

SEBI Can Now Impose Fine On Market Infrastructure Institutions (MIIs) For Surveillance-Related Lapses

Live Law  

The Securities and Exchange Board of India has issued a circular to address surveillance-related lapses at market infrastructure institutions. Financial disincentives or fines imposed by SEBI vary depending on the annual revenue of the MII and the recurrence of surveillance-related lapses. Subsequent instances incur higher disincentives, with the third instance onwards potentially resulting in a penalty of up to Rs …

Sebi to implement facility of ‘voluntary blocking’ of trading accounts
1 year, 2 months ago

Sebi to implement facility of ‘voluntary blocking’ of trading accounts

Live Mint  

Securities and Exchange Board of India has planned to offer the facility of voluntary freezing or blocking of the ‘Trading Accounts’ by clients as it is available in Demat accounts, ATMs, and Credit Cards. In a circular on Friday, the stock market regulator said, “It has been observed that at times, suspicious activities are noticed by the investors but the …

Respecting SEBI’s mandate, expertise, functional freedom
1 year, 2 months ago

Respecting SEBI’s mandate, expertise, functional freedom

Hindustan Times  

On January 3, the Supreme Court disposed of four writ petitions filed in the wake of two reports that raised multiple allegations against the Adani group of companies. The first principle is reproduced below: “Courts do not and cannot act as appellate authorities examining the correctness, suitability, and appropriateness of a policy, nor are courts advisors to expert regulatory agencies …

Adani-Hindenburg: The apex court has endorsed regulatory independence
1 year, 2 months ago

Adani-Hindenburg: The apex court has endorsed regulatory independence

Live Mint  

In its decision of 3 January on the matter of an Adani Group probe in the wake of Hindenburg’s allegations, the Supreme Court upheld trust in the regulatory system under the Securities and Exchange Board of India, emphasizing its commitment to financial transparency and market integrity, by endorsing Sebi’s regulations. The SC also directed Sebi to scrutinize any “infractions" by …

Shielding SEBI: On Supreme Court’s ruling and SEBI probe
1 year, 2 months ago

Shielding SEBI: On Supreme Court’s ruling and SEBI probe

The Hindu  

The Supreme Court of India’s ruling on a batch of petitions, filed in the wake of a U.S.-based short seller’s allegations of malfeasance including stock price manipulation at the Adani group of companies, has squarely tossed the ball back to the markets regulator’s court. The Court has opted to subordinate petitioners’ entreaties to protect larger public interest to its chariness …

‘Sebi has to balance development, regulation, investor protection’
1 year, 4 months ago

‘Sebi has to balance development, regulation, investor protection’

Live Mint  

Mumbai: The role of the Securities and Exchange Board of India is to maintain a fine balance between regulating and developing markets, and protecting investor interest, a senior official at the markets regulator said on Thursday. Trust me it’s not an easy walk, we do it every day,” said Amarjeet Singh, whole-time member of Sebi, while addressing the Gatekeepers of …

Anti-money laundering: Sebi releases fresh set of guidelines. Details here
1 year, 5 months ago

Anti-money laundering: Sebi releases fresh set of guidelines. Details here

Live Mint  

The capital markets regulator Securities Exchange Board of India on Friday released a set of amendents on anti-money laundering standards and combating the financing of terrorism. Client is a company: The beneficial owner is the natural persons whether acting alone or together, or through one or more juridical person, has a controlling ownership interest or who exercises control through other …

Sebi extends timeline for verification of market rumours by listed entities
1 year, 5 months ago

Sebi extends timeline for verification of market rumours by listed entities

Live Mint  

The Securities and Exchange Board of India has extended the timeline for verification of market rumours by listed entities. “It has been decided to extend the effective date of implementation of the proviso to regulation 30 of the LODR Regulations for top 100 listed entities by market capitalization, to February 1, 2024 and for top 250 listed entities by market …

SEBI suggests maintaining a distance between intermediaries and ‘finfluencers’. Here are 4 key reasons
1 year, 7 months ago

SEBI suggests maintaining a distance between intermediaries and ‘finfluencers’. Here are 4 key reasons

Live Mint  

The Securities and Exchange Board of India has introduced a proposal to limit interactions between its regulated entities and unregistered “finfluencers”. SEBI said in its consultation paper, “No SEBI registered intermediaries/regulated entities or their agents/representatives shall, directly or indirectly, have any association/relationship in any form, whether monetary or non-monetary, for any promotion or These proposed regulations would mandate that SEBI-regulated …

SEBI Notifies Modification In Cyber Security, Cyber Resilience Framework Of Stock Exchanges, Clearing Corporations & Depositories
1 year, 7 months ago

SEBI Notifies Modification In Cyber Security, Cyber Resilience Framework Of Stock Exchanges, Clearing Corporations & Depositories

Live Law  

In a recent development, the Securities and Exchange Board of India has announced a notable modification in the Cyber Security and Cyber Resilience framework for Stock Exchanges, Clearing Corporations, and Depositories. SEBI's latest circular dated August 24, 2023, revises certain aspects of the existing cybersecurity guidelines. The revised framework mandates that Market Infrastructure Institutions must carry out comprehensive cyber audits …

SEBI still probing 13 overseas entities’ holdings in Adani group
1 year, 7 months ago

SEBI still probing 13 overseas entities’ holdings in Adani group

The Hindu  

The Securities Exchange Board of India said its investigation into two crucial aspects raised by the Hindenburg Research report against the Adani Group continues to be in an “interim” stage. One of the two investigations which has so far foxed SEBI is about the 13 overseas entities who were classified as public shareholders of the Adani group of companies. Explained …

SEBI (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings
1 year, 7 months ago

SEBI (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings

Live Law  

In a significant development, the Securities and Exchange Board of India has introduced an amendment to the Securities and Exchange Board of India Regulations, 2018, via the Securities and Exchange Board of India Regulations, 2023. The Securities and Exchange Board of India has exercised its powers under Section 15JB of the Securities and Exchange Board of India Act, 1992, Section …

Discover Related