Page 302 - Latest Updates on SEBI
Related party transactions: Govt, Sebi at the table to cut inconsistencies
The regulator has proposed widening the definition of related party and RPTs, changing the threshold for determining RPTs, and tighter disclosures and approvals.
 "Related party transactions: Govt, Sebi at the table to cut inconsistencies")
Sebi wants MFs to be agile in stress events, warns industry on mis-selling
The regulator in the past had also asked the industry to focus more on driving the growth of direct plans
 "Sebi wants MFs to be agile in stress events, warns industry on mis-selling")
Amid market volatility, Sebi chief Ajay Tyagi gets 6 months extension
The extension comes on a day the benchmark Sensex logged one of its worst-ever crashes amid a global selloff due to the spread of coronavirus
 "Amid market volatility, Sebi chief Ajay Tyagi gets 6 months extension")
Sebi slaps Rs 17 lakh fine on Motilal Oswal for misuse of clients' funds
The amount of misutilisation was in the range of Rs 5.01 crore to Rs 102.06 crore for the sample dates
Sebi asks investment advisers operating in IFSC to have Rs 5-cr net worth
Earlier, the net worth requirement for investment adviser (IA) in IFSC was $1.5 million
Centre extends Sebi chairman Ajay Tyagi's term by 6 months: Report
Initially, Tyagi was appointed for a period of three years and was eligible for an extension of two years
 "Centre extends Sebi chairman Ajay Tyagi's term by 6 months: Report")
You're an investment advisor or want to become one? The bar just got raised
Complying with the new norms will take a lot of effort and readjustment by existing advisors
 "You're an investment advisor or want to become one? The bar just got raised")
Sebi amends the guidelines for intermediaries operating at GIFT City
Besides, the watchdog has changed the guidelines for reporting of financial statements by issuers listing their debt securities at IFSC.
 "Sebi amends the guidelines for intermediaries operating at GIFT City")
Sebi's Ajay Tyagi stands out for his balanced view as his term comes to end
Tyagi also had to struggle to preserve the autonomy of the market regulator
 "Sebi's Ajay Tyagi stands out for his balanced view as his term comes to end")
PNB scam: Sebi slaps Rs 5-cr fine on Mehul Choksi and Gitanjali Gems
Nirav Modi, who has allegedly defrauded state-run Punjab National Bank of over Rs 14,000 crore, is currently lodged in a British jail
 "PNB scam: Sebi slaps Rs 5-cr fine on Mehul Choksi and Gitanjali Gems")
Exchanges can offer direct mutual fund plans after approval from Sebi
"This is expected to provide level playing field to exchange MF distribution platforms vis-a-vis MF utility," said Ganesh Ram , Head of BSE Star MF
LIC agents earn Rs 14,220 cr in Apr-Dec 2019, twice as much as MF sellers
Commissions paid by LIC on first-year premiums grew at a sharp pace of 46% YoY in December quarter
 "LIC agents earn Rs 14,220 cr in Apr-Dec 2019, twice as much as MF sellers")
IndiGo denies undisclosed related party transactions, answers Sebi queries
InterGlobe Aviation, parent of the country's largest airline IndiGo, also said it has strong processes for ensuring arm's length dealings with related parties
 "IndiGo denies undisclosed related party transactions, answers Sebi queries")
Sebi allows investors to access stock exchange infra to transact in MFs
Before this, Sebi allowed investment advisors and mutual fund distributors to use stock exchanges for sale and purchase of MFs
Sebi probe finds undisclosed related party transactions at IndiGo: Report
While the company said it has not received any communication from Sebi in this regard, shares plunged sharply in afternoon trade on Tuesday
 "Sebi probe finds undisclosed related party transactions at IndiGo: Report")
Sebi mulls larger role for debenture trustees, proposes new norms
Market regulator points out challenges in case of defaulting NBFCs
Sebi proposes stricter framework for corporate bonds, debenture trustees
Sebi has also suggested that NBFCs create charge on the identified assets for every bond issue
FPIs from Mauritius eligible for registration, after more scrutiny: Sebi
The clarification comes in the backdrop of apprehensions among market participants regarding whether inclusion of Mauritius in the 'grey list' would affect the registration of FPIs from Mauritius
 "FPIs from Mauritius eligible for registration, after more scrutiny: Sebi")
Increase in public float of listed firms to 35% may see action next fiscal
Market regulator SEBI has to submit a report to the Finance Ministry on the current Budget proposal to consider raising the current threshold of 25% to 35%
Sebi's review of margin framework expected to lower hedging costs
Strategies using opposing option contracts to see lower margin