Page 318 - Latest Updates on SEBI
UPI system payments glitch: Sebi knocks on RBI-regulated NPCI's door
Several investors were irked for failing to get allotment in the hugely successful IRCTC issue
 "UPI system payments glitch: Sebi knocks on RBI-regulated NPCI's door")
Sebi directs listed firms to tighten due diligence for demat requests
The transfer of securities held in physical form is not permitted from April 1, 2019.
 "Sebi directs listed firms to tighten due diligence for demat requests")
Sebi issues operational norms to facilitate rollout of new FPI regulations
Under the new norms, all insurance entities and funds from FATF member countries have been classified as category-I FPIs
 "Sebi issues operational norms to facilitate rollout of new FPI regulations")
Sebi issues detailed circular on Aadhaar e-KYC for domestic investors
Under PMLA, entities in the securities market that are notified by the central government can undertake Aadhaar authentication
 "Sebi issues detailed circular on Aadhaar e-KYC for domestic investors")
Bourses should refrain from using their oligopolistic position: Sebi chief
Tyagi said trust is a very important in business and underlined that while ease of doing business is important, protection of investor interest is "more important".
 "Bourses should refrain from using their oligopolistic position: Sebi chief")
Sebi issues clarifications on prohibition of insider trade regulations
Trading in such depository receipts is covered under the Prohibition of Insider Trade (PIT) Regulations, Sebi clarified.
Sebi tightens governing norms for rating agencies; CEOs can't be on panel
The latest steps are to reduce conflict of interest situations at Credit rating agencies
 "Sebi tightens governing norms for rating agencies; CEOs can't be on panel")
MD, CEOs of rating agencies not to be members of rating committees: Sebi
In case the board is chaired by an executive director, half of the board shall comprise independent directors
 "MD, CEOs of rating agencies not to be members of rating committees: Sebi")
Experts raise alarm bells on talent flight amid crackdown on audit firms
On the other hand, officials at regulatory and enforcement agencies said the audit firms tend to put the blame on individuals after finding themselves in the dock for their alleged role in frauds
 "Experts raise alarm bells on talent flight amid crackdown on audit firms")
Mutual fund houses approach Sebi with 125 new schemes in 2019 so far
Fund houses attributed the fewer NFOs (new fund offers) in 2019 to tepid investors' sentiment and liquidity crisis in debt funds
Three banks report divergence in bad loans a day after Sebi directive
or LVB, the net loss widened to Rs 1,006 crore from Rs 894 crore.
 "Three banks report divergence in bad loans a day after Sebi directive")
Sebi tightens asset quality disclosure norms for all listed banks
The move is aimed at improving transparency and to help investors assess the risk better
Credit Suisse pays more than Rs 25 lakh to settle a case with Sebi
The regulator had initiated proceedings against the firm for allegedly violating provisions of Foreign Portfolio Investors Regulations and the regulator's circular
 "Credit Suisse pays more than Rs 25 lakh to settle a case with Sebi")
Fraudulent trading: Sebi bars 6 entities from securities market for 2 years
The order follows an investigation carried out by the markets regulator between April 1, 2010, and September 30, 2010
 "Fraudulent trading: Sebi bars 6 entities from securities market for 2 years")
How the RBI can get its act together
In the concluding part of the series, the author draws attention to the central bank's problems that need urgent fixing
 "How the RBI can get its act together")
Mauritius' regulator red-flags removal of investment status by Sebi
Mauritius funds may now look to shift their fund management activities to FATF member countries if Sebi does not relax its existing norms, said experts
Sebi starts probe into whistleblower's complaint against Infosys management
Sources said the regulator has already asked the stock exchanges to collate trading data of Infosys' shares as well as about derivative positions
 "Sebi starts probe into whistleblower's complaint against Infosys management")
The promoter pledge: Regulators must join hands to check misuse
Tighter oversight and regulation, along with better disclosure norms, will help improve a method of raising funds that often leads to over-leverage and increases the risk of contagion across sectors
 "The promoter pledge: Regulators must join hands to check misuse")
Govt brings commodity option trading, settlement at par with equities
Commodity options can now be settled directly instead of the current practice of options devolving into futures first and then being settled
Sebi tightens norms to deal with abrupt resignations of auditors
The market regulator has said that an auditor will have to provide review - limited or complete audit report - for the quarter during which it resigns