Page 7 - Latest Updates on SEBI
Sebi revamps mutual fund registration process, sets out eligibility norms
Sebi has also proposed extensive regulatory and background checks as part of the registration process.
 "Sebi revamps mutual fund registration process, sets out eligibility norms")
Sebi launches portals to strengthen cybersecurity incident reporting
The Incident Reporting Portal will streamline cybersecurity incident reporting, while the Cyber Suraksha Portal will serve as a central hub for information sharing
Svatantra Microfin files papers with Sebi for ₹3,000 crore public offer
The proposed IPO comprises a fresh issue and an offer for sale of Rs 1,500 crore each; fresh proceeds will be used to augment the microfinance lender's Tier-I capital
 "Svatantra Microfin files papers with Sebi for ₹3,000 crore public offer")
Sebi moots digital KYC for NRIs, overseas citizens and foreigners
Regulator seeks to ease onboarding in FATF-compliant countries via remote verification
 "Sebi moots digital KYC for NRIs, overseas citizens and foreigners")
Sebi proposes settlement framework overhaul, seeks simpler calculations
The regulator has proposed a simpler formula for settlement amounts, lower additional charges for refiling and allowing settlement applications at the appellate stage
Sebi allows online bond platforms to offer GIFT-IFSC-regulated bonds
Sebi has allowed online bond platforms to offer GIFT-IFSC-regulated securities, expanding their product range while mandating clear overseas labelling and regulatory compliance
Sebi issues show-cause notice to Paytm officials over Dec 2023 disclosure
Sebi has questioned key managerial personnel of Paytm parent One 97 Communications over the timing of a December 2023 disclosure and its classification as unpublished price sensitive information
Sebi proposes mandatory 'Credit Risk-o-Meter' for debt securities
Under the proposal, issuers and online bond platform providers (OBPPs) would be required to display the Credit Risk-o-Meter in offer documents, abridged prospectuses, private placement memorandums
Smaller IPOs see sharper anchor investor exits after lock-in periods: Sebi
Sebi's study of 242 mainboard IPOs found an inverse relationship between issue size and anchor exit rates, with sub-Rs 250 crore issues recording the sharpest exits
Sebi proposes manager-led accreditation, wider eligibility for investors
Sebi has proposed allowing investment managers to determine accredited status during onboarding and adding securities market assets as an eligibility criterion for investors
Paytm CEO, CFO get Sebi notice over 2023 disclosure curbing small loans
The company, in a statement on December 6, 2023, said it would issue fewer sub-₹50,000 (about $525) personal loans, after the Reserve Bank of India tightened rules on consumer lending
 "Paytm CEO, CFO get Sebi notice over 2023 disclosure curbing small loans")
Closing Auction System is transparent, says Sebi Chairman Pandey
The regulator is seeking stakeholder feedback on the new auction mechanism as fund houses flag closing-price uncertainty, settlement constraints and initial operational issues
Sebi looks to ease position-limit, margin norms in commodity markets
The regulator is also considering wider FPI access, simpler settlement rules and lower participation costs while retaining safeguards in the commodity derivatives market
Balanced hybrid MFs suit moderate-risk investors with five-year horizon
Balanced hybrid funds maintain 40-60 per cent allocations to both equity and debt, offering moderate-risk investors diversification and rule-based rebalancing
 "Balanced hybrid MFs suit moderate-risk investors with five-year horizon")
Sebi sees no manipulation in closing auction session: Tuhin Kanta Pandey
The closing auction is a separate 20-min session introduced in which exchanges collect buy and sell orders to determine a stock's closing price at a level where the maximum volume can be executed
 "Sebi sees no manipulation in closing auction session: Tuhin Kanta Pandey")
India's retail traders lose $9.6 billion in options despite curbs
The losses eased slightly from ₹1.1 trillion a year earlier, while the number of traders fell to fewer than 8 million from 9.8 million, according to a written reply by MoS Finance Pankaj Chaudhary
 "India's retail traders lose $9.6 billion in options despite curbs")
New Bill will make tribunal appointments transparent and independent
Courts have settled that tribunals that take up the jurisdiction of high courts must have the latter's independence and capacity
 "New Bill will make tribunal appointments transparent and independent")
Sebi plans wider vaulting norms for bullion ETFs and derivatives
Move will extend Vault Managers Regulations beyond EGRs to ETFs, derivatives
 "Sebi plans wider vaulting norms for bullion ETFs and derivatives")
Calcutta Stock Exchange has not submitted formal revival plan to Sebi: Govt
The exchange asked Sebi in July to put its February 2025 exit application on hold, but the regulator has yet to receive a formal proposal for its revival
 "Calcutta Stock Exchange has not submitted formal revival plan to Sebi: Govt")
Sebi proposes wider FPI access to non-agri commodity derivatives
The regulator has also proposed safeguards for physical contracts