Page 105 - Latest Updates on SEBI
Sebi penalises individual for not complying with summons in HAL case
The Securities and Exchange Board of India (Sebi) had initiated adjudication proceedings against Mishra for the alleged violation of the regulatory norms
 "Sebi penalises individual for not complying with summons in HAL case")
Plea asks SC to direct govt, Sebi to probe market crash after poll results
Lawyer says matter is 'question mark upon regulatory mechanism', wants Sebi to submit report on US shortseller's allegations against Adani Group
 "Plea asks SC to direct govt, Sebi to probe market crash after poll results")
Sebi bags 'Best Conduct of Business Regulator' award by The Asian Banker
The award was received by Sebi's Whole Time Member Kamlesh Chandra Varshney in a ceremony held in Hong Kong
 "Sebi bags 'Best Conduct of Business Regulator' award by The Asian Banker")
Sebi mandates KRAs to update KYC info on Central KYC Records Registry
Sebi has asked KYC registration agencies to upload KYC details of all capital market investors from August 1
 "Sebi mandates KRAs to update KYC info on Central KYC Records Registry")
Sebi asks KRAs to integrate systems with Central KYC Records Registry
In a circular, Sebi asked registered intermediaries to continue to upload or modify the KYC information with proper authentication on the systems of KRA
Sebi warns ICICI Bank over investor outreach for ICICI Securities delisting
ICICI Securities, a subsidiary of ICICI Bank, had secured a shareholder nod in March for the delisting
 "Sebi warns ICICI Bank over investor outreach for ICICI Securities delisting")
Foreign investors now have more time to report changes to regulator Sebi
f an FPI delays informing a custodian (called a Designated Depository Participant or DDP) about a change, the DDP is required to report the delay to Sebi within two working days.
Making investing easier: Sebi proposes changes for small investors
Sebi on Wednesday proposed to enhance the threshold for the basic service demat account (BSDA) to Rs 10 lakh from the current Rs 2 lakh in a bid to boost the participation of retail investors
 "Making investing easier: Sebi proposes changes for small investors")
Sebi eases timelines for FPIs to report, disclose material changes
While Sebi has specified a 14-point list for type 1 material changes, all other changes will fall under Type 2 category and will be required to be reported within thirty days with supporting documents
 "Sebi eases timelines for FPIs to report, disclose material changes")
Sebi mulls raising threshold for basic service demat account to Rs 10 lakh
At present, an individual can hold debt securities worth up to Rs 2 lakh and other than debt securities worth up to Rs 2 lakh in a single demat account to be eligible for BSDA
 "Sebi mulls raising threshold for basic service demat account to Rs 10 lakh")
Sebi mandates process of securities payout directly to client accounts
This will become effective from October 14, the Securities and Exchange Board of India (Sebi) said in a circular
Sebi relaxes timelines for FPIs to make material event disclosures
At present, FPIs get up to seven working days to submit information to the watchdog with regard to any material change in its structure or ownership or control or investor group
Sebi forms panel to review ownership, economic structure of clearing corps
The ad-hoc committee would be chaired by Usha Thorat, former Deputy Governor of the Reserve Bank of India. It will examine the need to alter the caps on the shareholding of various entities in a clear
 "Sebi forms panel to review ownership, economic structure of clearing corps")
Sebi launches 'Saarthi 2.0' mobile app for investors: All you need to know
The app is packed with tools to make complex financial concepts easier to understand, according to Sebi
Sebi seeks firms make additional disclosures to fast track public offers
The regulator has sought 31 additional disclosures, the most significant of which are information about conflict of interest with management, directors, large shareholders and subsidiaries
Sebi launches app for investor awareness; Kronox Lab IPO subscribed 11x
Along with videos to help investors to do personal finance planning, the app also has financial calculators, modules to explain Know-Your-Customer (KYC) procedures, information on mutual funds
 "Sebi launches app for investor awareness; Kronox Lab IPO subscribed 11x")
Sebi seeks additional IPO disclosures to speed up clearance process
After a co files for IPO, Sebi may seek additional details from merchant bankers, and the companies can also file addendums to their draft documents based on clarifications sought by market regulator
 "Sebi seeks additional IPO disclosures to speed up clearance process")
Sebi introduces 'Saarthi 2.0' mobile app on personal finance for investors
The app includes financial calculators and has modules that introduce and explain KYC procedures, mutual funds, ETFs, buying and selling shares on stock exchanges, and the Online Dispute Resolution
 "Sebi introduces 'Saarthi 2.0' mobile app on personal finance for investors")
Venturing into the deep: Credit funds chase 8.5% yields in risk-heavy seas
Money managers set sail with lower-rated papers in a rising corporate tide
 "Venturing into the deep: Credit funds chase 8.5% yields in risk-heavy seas")
Top 100 firms must verify market rumours within 24 hrs starting today
Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature
 "Top 100 firms must verify market rumours within 24 hrs starting today")