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 23JA of the Securities Contracts Act, 1956, and Section 19-IA of the Depositories Act, 1996. This amendment has been introduced in conjunction with Section 30 of the Securities and Exchange Board of India Act, 1992, Section 31 of the Securities Contracts Act, 1956, and Section 25 of the Depositories Act, 1996. The notification mentions: “In the Securities and Exchange Board of India Regulations, 2018, in regulation 23, after sub-regulation 2, following sub-regulation shall be inserted- “ In case of specified proceedings which may be initiated or are proposed to be initiated, the Panel of Whole Time Members shall dispose of such proceedings on the basis of the approved settlement terms.” The Securities and Exchange Board of India Regulations, 2018 were published in the Gazette of India on 30.11.2018 vide Notification No.

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History of this topic

Six entities pay ₹4.14 crore to settle FPI rule violation case with Sebi
5 days, 20 hours ago

Six entities pay ₹4.14 crore to settle FPI rule violation case with Sebi

Live Mint  

New Delhi, Mar 21 Six entities, including US-based investment firm Acacia Partners and its affiliates, have settled a case pertaining to alleged FPI rules violation, after paying ₹4.14 crore towards the settlement amount. Acacia Partners, its affiliates and Conifer Management LLC had filed suo-motu settlement applications in terms settlement proceedings norms proposing to settle by neither "admitting nor denying the …

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside
1 week, 6 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SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside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Markets regulator Sebi has widened the ambit of the scope of Unpublished Price Sensitive Information by including any proposed fundraising activities agreements which can impact the management or control of the company,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 …

Bombay High Court halts Maharashtra ACB action against ex-SEBI chief Madhabi Puri Buch, others till March 4
3 weeks, 3 days ago

Bombay High Court halts Maharashtra ACB action against ex-SEBI chief Madhabi Puri Buch, others till March 4

The Hindu  

The Bombay High Court on Monday asked the Anti-Corruption Bureau not to act on a Mumbai sessions court order to register an FIR against former Securities and Exchange Board of India Chairperson Madhabi Puri Buch and five others, until March 4, 2025. The sessions court on March 1, 2025 directed the ACB to register a First Information Report against Buch …

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, …

IBC Weekly Round-Up [17th February-23rd February 2025]
1 month ago

IBC Weekly Round-Up [17th February-23rd February 2025]

Live Law  

Nominal Index: BANK OF BARODA v. FAROOQ ALI KHAN & ORS., CIVIL APPEAL NO. Case Title: Edelweiss Asset Reconstruction Company Ltd. vs. Chirag Rejendrakumar Shah Case Number: Company Appeal No.242 of 2025 The National Company Law Appellate Tribunal New Delhi bench comprising Justice Ashok Bhushan, Barun Mitra and Arun Baroka have re-iterated that that liquidation of the Corporate Debtor should …

Disclosure rules on related-party transaction
1 month, 1 week ago

Disclosure rules on related-party transaction

New Indian Express  

NEW DELHI: Markets regulator Sebi on Saturday introduced industry standards for the minimum information that listed entities are need to provide to the audit committee and shareholders when seeking approval for the related-party transactions. The Industry Standards Forum comprising representatives from three industry associations -- ASSOCHAM, CII and FICCI -- have formulated these standards for minimum information to be provided …

Sebi notches up governance norms and easing procedures: What it means for investors
1 month, 2 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 …

Sebi to auction 26 properties of HBN Diaries in Feb; fixes reserve price of ₹83 cr
1 month, 3 weeks ago

Sebi to auction 26 properties of HBN Diaries in Feb; fixes reserve price of ₹83 cr

Live Mint  

New Delhi, Jan 29 Capital markets regulator Sebi will auction 26 properties of HBN Diaries & Allied Ltd for a reserve price of ₹83 crore in February. The order came after the Supreme Court in its order on May 14, 2024 authorised Sebi to sell the assets of HBN Dairies & Allied Ltd with the active involvement of the liquidator. …

Sebi cancels registration of 4 stock brokers
1 month, 3 weeks ago

Sebi cancels registration of 4 stock brokers

Live Mint  

New Delhi, Markets regulator Sebi on Wednesday cancelled the registration of four stock brokers Single Window Securities, Sunness Capital India, GACM Technologies and Infotech Portfolio after they failed to meet the registration requirements. In its orders, Sebi said that four stock brokers were granted registrations subject to certain conditions, including the condition that they continue to be members of a …

Finance ministry invites applications for Sebi chief as Madhabi Puri Buch’s term nears end
1 month, 3 weeks ago

Finance ministry invites applications for Sebi chief as Madhabi Puri Buch’s term nears end

Live Mint  

The Ministry of Finance's Department of Economic Affairs has invited applications for the post of chairperson of the Securities and Exchange Board of India as the term of the current chair Madhabi Puri Buch is set to end on 28 February. Experts believe that Buch’s tenure as Sebi chairperson will be remembered for transformative initiatives that strengthened the integrity and …

SEBI plans new measures for IPO trading amid surge in first-time share sales
2 months ago

SEBI plans new measures for IPO trading amid surge in first-time share sales

Hindustan Times  

India’s securities market regulator is considering steps to formalize trading in initial public offerings where bidding has closed, but the shares are yet to be listed. Madhabi Puri Buch, the chairwoman of the Securities and Exchange Board of India, stated that investors who get allocations may be permitted to exchange their right to those shares before the listing. The Securities …

Court Not Prohibited From Looking Into Material Considered By SEBI While Adjudicating Plea For Compounding Of Offence: Delhi High Court
2 months ago

Court Not Prohibited From Looking Into Material Considered By SEBI While Adjudicating Plea For Compounding Of Offence: Delhi High Court

Live Law  

The Delhi High Court has held that the SEBI Regulations, 2018, cannot prohibit any Court from looking into material which led the SEBI or its High Powered Advisory Committee to allow or reject a plea for compounding of offences alleged under the SEBI Act, 1992. Justice Subramonium Prasad observed, “In the opinion of this Court, these Regulations cannot prohibit any …

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 proposes mandatory issuance of new securities in demat form post stock split, mergers
2 months, 1 week ago

SEBI proposes mandatory issuance of new securities in demat form post stock split, mergers

Live Mint  

To encourage demat holding of securities, Sebi on Tuesday proposed mandating listed companies to issue securities only in demat form following stock split, consolidation of face value of shares, and merger or demerger. Considering this, while Sebi is encouraging holding of securities in demat form by the investors, at present a few investors hold securities in physical form. Accordingly, to …

SEBI revokes ICEX recognition, approves voluntary exit from exchange business
2 months, 3 weeks ago

SEBI revokes ICEX recognition, approves voluntary exit from exchange business

Live Mint  

Capital markets regulator Securities and Exchange Board of India on Friday, December 27, notified that the recognition granted to the Indian Commodity Exchange Ltd has been withdrawn, formally signifying its exit from the bourse business. "The SEBI hereby notifies that the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this …

SEBI suspends trading of Bharat Global Developers over financial misrepresentation
3 months ago

SEBI suspends trading of Bharat Global Developers over financial misrepresentation

Deccan Chronicle  

New Delhi: Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. In fact, such wealth has arisen from misrepresentation of the company's business and financials to general investors and shareholders," Sebi Whole Time Member Ashwani Bhatia said in his 25-page order. Accordingly, Sebi in …

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation
Top News
3 months ago

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation

Hindustan Times  

Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. The SEBI Bhavan at BKC Bandra in Mumbai Additionally, the regulator has barred the company, its managing director Ashok Kumar Sewada, CEO Mohsin Shaikh and directors --Dinesh Kumar Sharma and Nirali Prabhatbhai Karetha -- and …

Six entities pay ₹3.49 crore to settle front-running trade case with Sebi
3 months, 1 week ago

Six entities pay ₹3.49 crore to settle front-running trade case with Sebi

The Hindu  

Six entities, including Samir Kothari and Jitendra N. Kewalramani, has settled with Sebi in a case pertaining to the suspected front-running of trades by paying ₹3.49 crore towards settlement charges. These included disgorgement of unlawful gain totalling ₹2.06 crore along with 12 per cent interest per annum from the date of the impugned transaction to the date of filing of …

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 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 …

Sebi extends optional T+0 settlement cycle to top 500 stocks
3 months, 2 weeks ago

Sebi extends optional T+0 settlement cycle to top 500 stocks

New Indian Express  

MUMBAI: The markets regulator Securities and Exchange Board has enhanced the scope of optional T+0 rolling settlement cycle in equity cash markets to the top 500 stocks and said stock brokers can charge differential brokerage for T+0 and T+1 settlement cycles, within regulatory limit. In a circular issued on Tuesday, Sebi said the optional T+0 settlement cycle shall be made …

Delisting Regulations Of SEBI Not Applicable To Delisting Of Equity Shares Under Resolution Plan: Bombay High Court
3 months, 2 weeks ago

Delisting Regulations Of SEBI Not Applicable To Delisting Of Equity Shares Under Resolution Plan: Bombay High Court

Live Law  

The Bombay High Court bench of Justices M.S.Sonak and Jitendra Jain has held that Delisting Regulations framed by the SEBI would not be applicable to the delisting of shares of the company in pursuance of the approval of a Resolution Plan under section 31 of the code. The petitioner submitted that the impugned regulation violates the objective of the SEBI …

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 Mandates Online Document Repository for Merchant Bankers Starting Jan 2025
3 months, 3 weeks ago

SEBI Mandates Online Document Repository for Merchant Bankers Starting Jan 2025

Deccan Chronicle  

The Securities and Exchange Board of India has directed all merchant bankers to electronically upload records and documents related to due diligence in public issue activities on a dedicated Document Repository platform set up by stock exchanges. This requirement applies to draft offer documents filed on or after January 1, 2025, for listing on both mainboard and SME exchanges.The Document …

Sebi norms may have partly fuelled recent FPI sell off
3 months, 3 weeks ago

Sebi norms may have partly fuelled recent FPI sell off

Live Mint  

MUMBAI : Was the humongous foreign portfolio investor selling of the past two months driven only by poor corporate earnings and rising bond yields in the US? One fund manager said some of the funds awaited global index provider MSCI's rebalancing of its Emerging Markets Index on 25 November. Another fund manager said the circular has been "a matter of …

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms
3 months, 3 weeks 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 imposes ₹9 lakh fine on Reliance Securities for ‘flouting market norms’
3 months, 3 weeks ago

SEBI imposes ₹9 lakh fine on Reliance Securities for ‘flouting market norms’

Hindustan Times  

The Securities and Exchange Board of India on Friday imposed a ₹9 lakh monetary penalty on Reliance Securities for “flouting market norms” and stock broker rules. According to a PTI report,the market regulator's order came after National Stock Exchange and Bombay Stock Exchange carried out a thematic onsite inspection of the books of accounts, records and other documents of authorised …

BSE, NSE to be alternative trading venues to each other in case of outages: SEBI
3 months, 3 weeks ago

BSE, NSE to be alternative trading venues to each other in case of outages: SEBI

Hindustan Times  

The Bombay Stock Exchange and the National Stock Exchange will act as alternative trading venues to each other from April 1, 2025, in case of outages, the Securities and Exchange Board of India announced in a circular on Thursday. The Bombay Stock Exchange and the National Stock Exchange will act as alternative trading venues to each other from April 1, …

SEBI Directs NSE And BSE To Act As Alternative Trading Venues Starting April 2025. What Does It Mean?
3 months, 3 weeks ago

SEBI Directs NSE And BSE To Act As Alternative Trading Venues Starting April 2025. What Does It Mean?

ABP News  

A move to bolster market resilience, the Securities and Exchange Board of India has mandated that the National Stock Exchange and the BSE function as alternative trading venues for each other. Guidelines for Interoperable Segments The circular also detailed specific measures for different market segments, including cash markets, equity derivatives, currency derivatives, and interest rate derivatives: Common Trading Products For …

SEBI to ensure seamless trading: BSE, NSE to act as alternative trading venue on outage on one exchange
3 months, 3 weeks ago

SEBI to ensure seamless trading: BSE, NSE to act as alternative trading venue on outage on one exchange

Live Mint  

Capital markets regulator Securities and Exchange Board of India, on Thursday, November 28, announced measures to ensure seamless trading during technical outages, particularly in interoperable segments such as equities, derivatives, and currency markets on stock exchanges. Under these measures, SEBI said that for identical or correlated products-- single stock derivatives, index derivatives -- participants can hedge their positions on another …

Sebi proposes revisions to custodian regulations
4 months, 1 week 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 …

SC dismisses Sebi’s ₹25 crore penalty plea against Mukesh Ambani in RPL share manipulation case
4 months, 2 weeks ago

SC dismisses Sebi’s ₹25 crore penalty plea against Mukesh Ambani in RPL share manipulation case

Live Mint  

The Supreme Court on Monday dismissed a plea by the Securities and Exchange Board of India to impose a ₹25 crore penalty on Mukesh Ambani, chairman and managing director of Reliance Industries Ltd, over alleged share manipulation involving Reliance Petroleum Ltd in November 2007. A two-judge bench of Justices J.B. Pardiwala and R. Mahadevan agreed to hear Sebi's broader case …

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's Demat Reform: A Step Towards Financial Inclusion for Collective Entities
5 months ago

Sebi's Demat Reform: A Step Towards Financial Inclusion for Collective Entities

Live Mint  

India is taking significant steps towards financial inclusion and regulatory simplification with the Securities and Exchange Board of India (Sebi) proposing a key reform for non-corporate entities. The proposal allows Associations of Persons (AoPs) to open demat accounts in their names for holding non-equity securities. This reform aims to enhance the ease of doing business for entities such as housing …

SEBI Tightens Eligibility Criteria For Stocks In Derivatives Segment With Stricter Standards And New Product Success Framework
6 months, 3 weeks ago

SEBI Tightens Eligibility Criteria For Stocks In Derivatives Segment With Stricter Standards And New Product Success Framework

Live Law  

The Securities and Exchange Board of India has updated the eligibility criteria for the entry and exit of stocks in the derivatives segment. The revised criteria introduce stricter standards for stocks to be eligible for entry into the derivatives segment. SEBI has also introduced revised exit criteria to ensure that stocks that no longer meet the stringent requirements are promptly …

SEBI Cancels Registration Of 39 Stock Brokers, 7 Commodity Brokers, And 22 Depository Participants For Non-Compliance
6 months, 3 weeks ago

SEBI Cancels Registration Of 39 Stock Brokers, 7 Commodity Brokers, And 22 Depository Participants For Non-Compliance

Live Law  

The Securities and Exchange Board of India has cancelled the registration of 39 stock brokers, seven commodity brokers, and 22 depository participants. SEBI clarified that these brokers and depository participants remain accountable for any actions taken or omitted during their tenure as registered entities. According to these regulations, stock brokers must maintain membership with a recognized exchange, and depository participants …

ICICI Securities Settles Regulatory Case With SEBI For ₹69.82 Lakh
7 months ago

ICICI Securities Settles Regulatory Case With SEBI For ₹69.82 Lakh

Live Law  

ICICI Securities Limited has reached a settlement with the Securities and Exchange Board of India to resolve a case involving alleged regulatory violations. The report noted issues with site visit reports and the lack of adequate documentary evidence supporting the objectives of public issues managed by ICICI Securities. In addition to resolving the regulatory case, ICICI Securities is seeking to …

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 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 …

'Dishonest, Misleading': SEBI Rejects Defence And Mandates Disclosure, Shareholder Approval For Material Related Party Transactions
8 months ago

'Dishonest, Misleading': SEBI Rejects Defence And Mandates Disclosure, Shareholder Approval For Material Related Party Transactions

Live Law  

The Securities and Exchange Board of India has issued a final order concerning Linde India Limited and its related party transactions with Praxair India Pvt Ltd and Linde South Asia Services Pvt Ltd. SEBI's investigation was triggered by complaints from LIL's shareholders who alleged that these RPTs were conducted without proper shareholder approval and were potentially detrimental to the interests …

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, 1 week 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 Introduces New Guidelines To Enhance Credit Rating Agency Operations
8 months, 2 weeks ago

SEBI Introduces New Guidelines To Enhance Credit Rating Agency Operations

Live Law  

The Securities and Exchange Board of India has released a new set of guidelines designed to streamline operations and enhance business ease for Credit Rating Agencies. Under the new framework, CRAs must communicate the rating to the issuer within one working day following the Rating Committee meeting. CRAs are required to publish a press release on their website and notify …

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 …

Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr
8 months, 3 weeks ago

Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr

Business Standard  

The order came after Raselle Capital proposed to settle the instant proceedings initiated against it without "admitting or denying the findings of facts and conclusions" of the law. | Photo: Bloomberg Foreign portfolio investor Raselle Capital VCC has settled a case related to the alleged violation of FPI rules with capital markets regulator Sebi after paying Rs 1.23 crore as …

SEBI Extends Reporting Deadlines For Foreign Portfolio Investors, Offers Greater Flexibility
9 months, 2 weeks ago

SEBI Extends Reporting Deadlines For Foreign Portfolio Investors, Offers Greater Flexibility

Live Law  

The Securities and Exchange Board of India has introduced changes related to reporting requirements for Foreign Portfolio Investors which offers them greater flexibility. The primary modification introduced by SEBI involves the categorization of material changes notified by FPIs into two distinct groups: Type I and Type II. FPIs are required to report Type I changes within seven working days and …

SEBI Mandates Direct Transfer Of Securities To Client Demat Accounts
9 months, 2 weeks ago

SEBI Mandates Direct Transfer Of Securities To Client Demat Accounts

Live Law  

The Securities and Exchange Board of India has issued new guidelines mandating the direct transfer of securities to clients' demat accounts by clearing corporations. The existing practice involves brokers pooling securities received in payout and then crediting them to respective client demat accounts. Under the new guidelines, clearing corporations are required to provide a mechanism for trading members/clearing members to …

Sebi makes process of securities payout directly to client’s account mandatory
9 months, 3 weeks ago

Sebi makes process of securities payout directly to client’s account mandatory

The Hindu  

To enhance operational efficiency and reduce the risk to clients' securities, markets regulator SEBI on May 5 decided to make the process of direct payout of such securities to the client's account mandatory. Currently, the clearing corporation credits the pay-out of securities in the pool account of the broker, who then credits the same to the respective client's demat accounts. …

SEBI pushes for ease of doing business, approves relaxations for FPIs, AIFs, fund-raising entities
1 year ago

SEBI pushes for ease of doing business, approves relaxations for FPIs, AIFs, fund-raising entities

India TV News  

Business news: Regulator Securities and Exchange Board of India on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. "Verifiable compliance with such due-diligence requirements would provide the regulatory comfort necessary for the …

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