Page 248 - Latest Updates on SEBI
Sebi extends deadlines for brokers' regulatory compliances by a month
New timeline will apply to maintenance of call recordings of orders from clients, funding reporting and permission to operate trading terminals from alternate locations
 "Sebi extends deadlines for brokers' regulatory compliances by a month")
Sebi gives more time to brokers, clearing members to comply with rules
Sebi on Wednesday extended deadlines for complying with certain regulatory requirements by stock brokers, clearing members and KYC registration agencies in view of the ongoing COVID-19 pandemic.
Promoters of over 500 listed firms lose monopoly over independent directors
Voting threshold in favour of appointments will now be 75 per cent, according to Sebi norms.
 "Promoters of over 500 listed firms lose monopoly over independent directors")
Towards better governance
New norms for independent directors need strict monitoring
 "Towards better governance")
Sebi's move to introduce accredited investors concept to benefit AIFs
Capital markets regulator Sebi's decision to introduce the concept of accredited investors' will enhance the attractiveness of alternate investment funds (AIFs), experts said on Wednesday.
Sebi overhauls norms for appointment, removal of independent directors
Move designed to reduce sway of promoters; regulator also prunes minimum application amount for REITs and InvITs to Rs 10,000-15,000.
 "Sebi overhauls norms for appointment, removal of independent directors")
Sebi starts cross margin facility on commodity futures to boost liquidity
The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular
Top headlines: India approves Moderna vaccine; Sebi announces reforms
Business Standard brings you the top news of the evening
 "Top headlines: India approves Moderna vaccine; Sebi announces reforms")
Sebi introduces framework for accredited investors in securities market
Regulator says appointment and removal of independent directors can be done through a special resolution of shareholders.
Debt-laden Go Airlines' planned $485 million IPO put on hold by Sebi
Airlines is depending on the IPO proceeds to repay debt and dues to creditors including Indian Oil Corp.
 "Debt-laden Go Airlines' planned $485 million IPO put on hold by Sebi")
Aditya Birla Sun Life IPO put on hold by markets regulator Sebi
The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer
Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance
Issuance of observations by Sebi implies approval for a public offering
 "Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance")
SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order
In a 100-page order, Sebi has rapped the fund house for "several irregularities" in the running of its six debt schemes that were wound up in April 2020
 "SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order")
Top headlines: Steel leads in capacity expansion, GCCs bet on Indian talent
Business Standard brings you the top headlines on Monday
 "Top headlines: Steel leads in capacity expansion, GCCs bet on Indian talent")
Govt's Rs 50K-cr Fund of Funds scheme for small businesses hits Sebi hurdle
The move will help such small businesses get listed on the domestic bourses as well
 "Govt's Rs 50K-cr Fund of Funds scheme for small businesses hits Sebi hurdle")
Sebi mulls new, easier framework for companies to delist post open offer
Aims to remove sequentially contradictory transactions in the takeover process
 "Sebi mulls new, easier framework for companies to delist post open offer")
Sebi defers implementation of MF employee compensation norms to Oct 1
In April, market regulator announced that 20% pay of senior MF officials must be in the form of units of schemes they oversee
Franklin MF moves SAT seeking stay on Sebi's Rs 5 crore penalty order
Tribunal to issue an order next week on whether plea can be admitted
Sebi boosts liquidity risk management for open-ended debt schemes
The market regulator has also asked AMFI to prescribe a suitable framework in this regard within one month. The framework will be adopted by all AMCs
Sebi looks to broaden IPO reach, plans to rope in payment banks
Considers allowing payments banks, SFBs to handle application process; decision likely in Tuesday's meeting
 "Sebi looks to broaden IPO reach, plans to rope in payment banks")