Page 303 - Latest Updates on SEBI
SAT upholds Sebi decision to recover over Rs 300 cr from Samruddha Jeevan
The recovery proceedings were initiated against these entities after they failed to pay over Rs 300 crore which was due to investors.
 "SAT upholds Sebi decision to recover over Rs 300 cr from Samruddha Jeevan")
Sebi bans Midvalley from securities market for 7 years over fund diversion
Sebi conducted an investigation between January-February, 2011 to ascertain any irregularities with respect to the initial public offer (IPO) made by the firm
Shah to hold bilateral security cooperation talks with Maldives counterpart
This is for the first time Shah will meet Abdulla, who is on a four-day visit to India beginning on Thursday
 "Shah to hold bilateral security cooperation talks with Maldives counterpart")
Regulatory confusion
Curbs on investment advisers may not address mis-selling
 "Regulatory confusion")
Sebi fee cap: Move could force players to change biz model, say advisors
Industry participants say this could make life difficult for advisors offering services to high net-worth investors, where operating costs are on the higher side.
PMS players experiment with pay-only-for-profit model, skip fixed fees
The model has emerged during a period of regulatory change
 "PMS players experiment with pay-only-for-profit model, skip fixed fees")
Trailing payouts catch Sebi attention, regulator examining divergence
This is part of its examining instances of divergence between first-year and subsequent commission payouts in some MF schemes, according to people aware of the matter
 "Trailing payouts catch Sebi attention, regulator examining divergence")
One India, one stewardship
While the stewardship codes were first rolled out in 2017, India's experience with stewardship began earlier with Sebi's March 2010 circular.
UTI MF, Nippon India MF side pocket Vodafone Idea exposure of Rs 413 cr
In December 2018, regulator Sebi had permitted mutual funds to create segregated portfolios, or side-pocketing, with respect to debt and money market instruments
 "UTI MF, Nippon India MF side pocket Vodafone Idea exposure of Rs 413 cr")
Sebi okays proposal to segregate investment advisory, distribution services
While an individual investment adviser will have no option of offering distribution services separately, corporate entity may have leeway as long as it keeps segregation at the client-level.
 "Sebi okays proposal to segregate investment advisory, distribution services")
Custodians to call on Sebi to clear haze around new CAF norms for FPIs
The key issue vexing the custodians is the requirement to fill in tax details on behalf of FPIs, an area where they lack expertise and which is currently handled by the tax consultants
Sebi to come out with circular to prevent Karvy-like incidents: Ajay Tyagi
Tyagi said also said KSBL has told the NSE that it would pay fund shortfall of Rs 678 crore by March
Sebi set to relax investment manager eligibility norms for InvITs
Sebi will now allow a combined relevant experience of at leat 30 years of directors, partners and employees of the investment manager, even if it is a newly created entity
Sebi to tighten eligibility norms for investment advisers, cap fees
Sebi will also introduce enhanced eligibility criteria for registration as an investment adviser including for networth qualification and experience
 "Sebi to tighten eligibility norms for investment advisers, cap fees")
Sebi approves regulatory sandbox for live testing of new products
Initially, all Sebi-registered entities will be eligible to participate in such a 'regulatory sandbox'
Street signs: Coronavirus scare, arbitrage opportunity in DMart, and more
Experts say people have turned averse to taking out, especially meat products, following the outbreak
 "Street signs: Coronavirus scare, arbitrage opportunity in DMart, and more")
Sebi directs CARE to initiate inquiries into ex-top officials' past conduct
Former CEO'S and chairman's conduct under question
Ongoing tension between US, China to impact MF industry, says Sebi official
The official of the Securities and Exchange Board of India said that liquidity is an important benchmark
 "Ongoing tension between US, China to impact MF industry, says Sebi official")
Sebi plans to implement governance structure to ensure ongoing compliance
After completion of risk assessment, the agency is expected to review all the existing policies and SOPs
Sebi issues show-case notice to 2 former senior executives of CARE Ratings
This is for the alleged interference in rating action of YES Bank and DHFL