Page 3 - Sebi Board Meeting

Prompt disclosures

Sebi's suggestions will reduce information asymmetry

Transfer pay-outs to client's demat account within a day, says Sebi

Regulator issues fresh guidelines for unpaid securities

Sebi seeks to protect public shareholders' interests during CIRP

Non-promoter entities in bankruptcy-hit firms to be given opportunity to acquire shares

Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14

Number of pending notices was up 31% to 2,872 at the end of FY22, from 2,193 the previous year

Stricter disclosure norms may trigger DRHP filing rush in next two months

Industry players expect companies to advance their DRHP filings before new rules kick in

Sebi to allow confidential pre-filing of IPO documents in Sept 30 meet

The Securities and Exchange Board of India (Sebi) is set to allow confidential pre-filing of offer documents to safeguard sensitive business information

Regulatory changes on Sebi plate: Here's a list of key discussion papers

Continuing with its consultative approach, the markets regulator, over the past one year has floated a number of discussion papers in areas such as IPO pricing, retail algo, and pricing of share sales

Sebi comes out with new guidelines on settlement of running account

Capital markets regulator Sebi on Wednesday came out with new guidelines on settlement of running accounts of clients' funds lying with stock brokers, to be applicable from October 1. Under the guidelines, the settlement of the running account of funds of the client will be done by the trading member after considering the End of the day (EOD) obligation of funds as on the date of settlement across all the exchanges on the first Friday of the quarter for all the clients. The running account of funds will be settled on the first Friday of October 2022, January 2023, April 2023, July 2023, and so on for all the clients, the Securities and Exchange Board of India (Sebi) said in a circular. If the first Friday is a trading holiday, then such settlement will happen on the previous trading day. For clients, who have opted for monthly settlement, running accounts will be settled on the first Friday of every month. If the first Friday is a trading holiday, then such settlement will happen

Sebi clears appointment of BSE's Ashish Kumar Chauhan as NSE chief

The NSE will now have to obtain shareholders' nod before Chauhan can take charge

Sebi allows virtual annual meetings for InvITs, REITs till end of December

Markets regulator Sebi on Friday allowed InvITs and REITs conduct annual meetings of their unitholders and other meetings through video-conferencing and other audio-visual means.

Sebi strengthens investor grievance redressal mechanism through framework

Capital markets regulator Sebi on Friday came out with a new framework for investor grievance redressal mechanism as part of its effort to strengthen the process. The new mechanism will come into effect from July 1, the Securities and Exchange Board of India (Sebi) said in a circular. For any dispute between the member and client relating to the transactions in a stock exchange, which is of civil nature, the complainant or member is required to first refer the complaint to the investor grievance redressal mechanism (IGRC) and/or to the arbitration mechanism provided by the bourse before resorting to other remedies available under any other law, Sebi said. For the removal of doubts, the regulator has clarified that the sole arbitrator or the panel of arbitrators appointed under the stock exchange arbitration mechanism may consider any claim relating to any dispute between a stockbroker and client, arising out of the transactions in a stock exchange, and shall always be deemed to have

Sebi withdraws permanent recognition granted to Indian Commodity Exchange

Markets regulator Sebi on Thursday said it has withdrawn the recognition granted to the Indian Commodity Exchange Limited (ICEX). "The Securities and Exchange Board of India has withdrawn the recognition granted to the Indian Commodity Exchange Limited, vide notification dated May 18, 2022," according to a press release issued by the regulator. The withdrawal of recognition follows an order passed by Sebi on May 10 after finding the bourse non-compliant on several grounds like net worth and infrastructural requirements. Consequent to the withdrawal, ICEX has been directed to transfer the money available in the Investor Protection Fund and Investor Services Fund of ICEX to Sebi's Investor Protection and Education Fund. Besides, it has been asked to set aside sufficient funds to provide for settlement of any claims, clear the dues outstanding to Sebi and pay Sebi registration fees as per brokers' norm by its trading members. Further, ICEX has been directed to refrain from using th

Unitholder say-so must for mutual fund scheme wind-up, says Sebi

Sebi also approved amendments to the mutual fund (MF) regulations to mandate MF schemes to follow Indian Accounting Standard (Ind AS) from 2023-24 onwards

Sebi board meeting today: Here are the important issues on agenda

Will market regulator Sebi take up measures allowing PE players to set up mutual funds at today's board meeting? Will there be a decision on the M&A norms, and special voting rights for startups?

TMS, Ep 8: Sebi board meeting, Auto PLI scheme, Virat Kohli's T20 captaincy

Will Sebi discuss SVR at today's board meet? Does the auto PLI scheme give short shrift to two-wheeler EV makers? Will end of Virat's T20 captaincy hurt Brand Kohli? Get the answers in this podcast

Sebi defers implementation of MF employee compensation norms to Oct 1

In April, market regulator announced that 20% pay of senior MF officials must be in the form of units of schemes they oversee

Sebi eases FPI norms: Here are the key takeaways from the meeting

Sebi said FPIs would no longer be required to meet the 'broad-basing' criteria, under which at least 20 investors were required to establish a fund. Listen to this podcast for more

Mutual funds to gain as Sebi tightens norms for portfolio managers

The regulator will also prescribe a formula for profit sharing

Sebi eases FPI norms, approves changes in rules prohibiting insider trading

The easing of FPI norms comes at a time when overseas investors have pulled out over $3 billion from the domestic markets since the Union Budget

Sebi plans tighter checks on credit rating agencies, reward for informants

Reward, hotline for informants on the cards