Page 47 - Latest Updates on SEBI
CRA to scrutinise claims of high returns by investment service providers
Under the new norms, the CRA will act as 'Past Risk and Return Verification Agency' with a recognized stock exchange serving as 'Past Risk and Return Verification Agency' data centre
 "CRA to scrutinise claims of high returns by investment service providers")
NSE begins electronic settling of its unlisted shares: Details here
Central Depository Services will facilitate these transactions, ending manual settlements and aligning with Sebi's SECC Regulations
 "NSE begins electronic settling of its unlisted shares: Details here")
No point unsettling system, FPIs should accept current taxation: Sebi chief
Consumption is picking up, and there is an upswing in capital formation both by the government and private companies, he said, while speaking at the Business Today Mindrush 2025 event
 "No point unsettling system, FPIs should accept current taxation: Sebi chief")
Sebi relaxes 'skin in the game' rules for MF employees, effective April 1
The revised rules also adjust lock-in periods. For employees retiring at superannuation age, the lock-in will be waived, except for units in closed-ended schemes
 "Sebi relaxes 'skin in the game' rules for MF employees, effective April 1")
Sebi removes 70K misleading social media posts, accounts since Oct 2024
Addressing the Association of Registered Investment Advisors (ARIA) summit, Narayan underscored Sebi's focus on investor awareness
 "Sebi removes 70K misleading social media posts, accounts since Oct 2024")
Sebi considers easier IFSC access for brokers operating from Gift City
In a consultation paper released on Friday, Sebi outlined plans to allow stock brokers to conduct securities market activities in Gift-IFSC through a separate business unit
 "Sebi considers easier IFSC access for brokers operating from Gift City")
Sebi extends RPT disclosure deadline by 3 months, now effective from July 1
The decision follows feedback from stakeholders requesting more time to adapt to the Industry Standards
 "Sebi extends RPT disclosure deadline by 3 months, now effective from July 1")
Unregistered advisors a threat; 70k misleading posts removed: Narayan
As of February 2025, FPIs held Rs 62 lakh crore or over USD 700 billion of Indian equities, and about Rs 5.9 lakh crores or USD 68 billion in debt
 "Unregistered advisors a threat; 70k misleading posts removed: Narayan")
Sebi may ease FPI disclosure norms, double granular disclosure threshold
This will be the first board meeting after Tuhin Kanta Pandey, who assumed the role of Sebi chairperson earlier this month
 "Sebi may ease FPI disclosure norms, double granular disclosure threshold")
Sebi considers Esop relaxation for startup founders ahead of IPOs
According to a consultation paper released on Thursday, Sebi may allow founders to hold or exercise Esop benefits granted one year before the company's initial public offering (IPO) plan
 "Sebi considers Esop relaxation for startup founders ahead of IPOs")
PhysicsWallah files draft red herring prospectus via confidential route
The Noida-based firm has taken the confidential pre-filing route, which means the financial details will not be made public immediately
 "PhysicsWallah files draft red herring prospectus via confidential route")
Only 2% of finfluencers Sebi-registered, yet 33% give stock recommendations
"Investors must remain vigilant, seek investment guidance from Sebi-registered advisors, and evaluate credentials of influencers they follow," said Arati Porwal, Country Head of CFA Institute - India
 "Only 2% of finfluencers Sebi-registered, yet 33% give stock recommendations")
Sebi proposes key changes for EBP, RFQ platforms to strengthen debt market
The regulator has proposed making EBP mandatory for all private placement issues of issue sizes over ₹20 crore, down from the present threshold of ₹50 crore
 "Sebi proposes key changes for EBP, RFQ platforms to strengthen debt market")
Sebi mandates online filing for share reports, dual option until May 14
This dual submission system will remain in place until May 14, 2025, after which only the online portal will be used for these filings, Sebi said in a circular
 "Sebi mandates online filing for share reports, dual option until May 14")
Sebi tweaks disclosure norms for shareholding patterns to improve clarity
Under the revised format, listed entities are required to disclose details of non-disposal undertakings (NDU), other encumbrances, and the total number of shares pledged or otherwise encumbered
 "Sebi tweaks disclosure norms for shareholding patterns to improve clarity")
Sebi slaps Rs 40L fine on 8 entities for indulging in non-genuine trades
The orders came after the Securities and Exchange Board of India (Sebi) observed large-scale reversal of trades in the illiquid stock options segment of BSE
Sebi mulls clarifying ESOP rules for promoters; minimum holding term in OFS
The proposals, if implemented, would ensure that the rules are clear and consistent, aligning the eligibility for Offer for Sale (OFS) and Minimum Promoter Contribution (MPC) requirements
Investors can soon store, access their demat, MF holdings via DigiLocker
After the user's death, DigiLocker automatically notifies the nominated individuals (DigiLocker Nominees) via SMS and email, helping them manage the deceased's assets
 "Investors can soon store, access their demat, MF holdings via DigiLocker")
Sebi bars Hemant Ghai, two others from dealing in securities for five years
The regulator found that trades executed through the accounts of Ghai's family members were synchronised with stock recommendations aired on his shows
Sebi lowers minimum investment in social stock exchange to Rs 1,000
According to the latest directive, the September 2022 circular will now specify that the minimum investment size for ZCZP instruments will be Rs 1,000
 "Sebi lowers minimum investment in social stock exchange to Rs 1,000")