Page 5 - Sebi Norms

Sebi proposes stricter norms for green bond reviewers to curb conflicts

Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds. In a draft circular, Sebi said that the current norms for green bonds, introduced in February 2023, lack detailed requirements around reviewer independence, conflict of interest mitigation, and disclosure standards that are now in place for other ESG-linked securities under a June 2025 circular. The regulator's latest proposal seeks public comments on a revised framework that would bring parity by incorporating comprehensive criteria for third-party certifiers of green bonds on non-convertible securities. Under the proposed norms, issuers of green debt securities will need to appoint reviewers who are independent of their management, directors, and key managerial personnel. These reviewers will be remunerated in a way that prevents any conflicts of interest and possess relevant ...

Jane Street not cooperating in India tax probe, says Income Tax Dept

Jane Street is accused of blocking server access and keeping financial records abroad, as the Income Tax department probes alleged tax violations linked to Sebi's earlier market manipulation case

Sebi plans larger quota for institutions in big IPOs, trims retail share

Sebi said its proposals reflect current market conditions, marked by robust mutual fund inflows and larger IPO sizes

Sebi asks institutions to ensure digital access for special-needs persons

Capital markets regulator on Thursday directed all regulated entities to make their digital platforms accessible to persons with disabilities, in compliance with the Rights of Persons with Disabilities Act. In a circular, Sebi said, "The move is aimed at protecting the rights and dignity of persons with disabilities and ensuring their full and effective participation in the securities market". The directive follows a Supreme Court verdict dated April 30, 2025, that recognised digital access as a fundamental right under the right to life and liberty. The mandate applies to all Sebi-regulated entities (REs), including stock exchanges, clearing corporations, depositories, brokers, mutual funds, and KYC agencies. They must ensure compliance with key provisions of the Rights of Persons with Disabilities (RPwD) Act and related rules to facilitate access to websites, mobile apps and other platforms. Sebi said the regulated entities (REs) must submit lists of their digital platforms and .

Jane Street to argue that retail demand drove its India options trades

Sebi's 105-page order highlights Jane Street's trades on Jan 17, 2024 - its most profitable day in a two-year period under review by the regulator

India's derivatives delusion: Regulatory triumph exposes market flaws

The larger question is whether India's F&O market serves any real purpose

One nation, one KYC: Sebi shows the way, other regulators should follow

Other regulators should follow Sebi's lead in explicitly stating that once a client completes KYC with one intermediary, they shouldn't have to repeat the process with another

Sebi tells Linde: No room for word games in related party norms definition

Market regulator and public shareholders accuse industrial gases firm of splitting hairs to escape scrutiny over dealings with its arm

Sebi proposal to allow AMCs to manage family office funds sparks debate

Sebi's plan to let AMCs manage non-broad-based pooled funds without PMS licences has sparked debate over regulatory parity, competitive fairness, and market safeguards

Sebi plans revamp of MF categorisation norms to curb scheme overlap

Sebi proposes a revamp of mutual fund categorisation norms to reduce redundant schemes, allow more fund innovation, and provide flexibility to fund houses while ensuring diversification and better liq

Sebi aims to deepen equity market, flags concerns over derivatives frenzy

SEBI on Thursday expressed concern over the growing dominance of ultra-short-term derivatives trading, cautioning that such trends could undermine the health of India's capital markets, while contemplating steps to extend the tenure and maturity of these products. Very short-term derivatives continue to dominate equity derivative volumes, especially expiry-day index options. This is an imbalance that is obviously unhealthy and may have potential for adverse consequences," said SEBI Whole-Time Member Ananth Narayan. He was addressing the 11th Capital Markets Conclave organised by the CII. "I would strongly endorse the view that, towards this end, we must look for ways to further deepen our cash equities markets, even as we look to improve the quality of our derivatives market by extending the tenure and maturity of the products and solutions on offer. We need constructive engagement from all stakeholders to achieve this," he said. Citing the market regulator's own research, Narayan

Sebi looks to extend tenure of derivatives contracts, says official

The surge in derivatives trading, which has also been driven by retail investors, has prompted the Sebi to limit the number of contract expiries

US trading firm Jane Street deposits ₹4,844 crore in escrow account

HFT firm Jane Street moves Sebi to lift interim curbs after parking Rs 4,844 crore in escrow; regulator says it will issue appropriate directions soon

Jane Street ban threatens 900% rally for Asia's oldest stock exchange

The Jane Street fallout has already taken a toll on BSE, with the shares on July 4 suffering one of their steepest declines this year - extending a slide that had already begun

Jane Street fallout hits NSE's pre-IPO valuation, sparks market concerns

The drop in NSE's unlisted shares follows a stunning surge since late October, fueled by hopes for a listing of the world's biggest equity-derivatives bourse

Traders watch expiry day moves after Sebi ban on Jane Street Group

The benchmark NSE Nifty 50 Index opened little changed, with its biggest components - HDFC Bank Ltd., Reliance Industries Ltd. and ICICI Bank Ltd. - barely moving

Sebi vs Jane Street: Legal showdown could redefine India's derivatives mkt

Already, the overhaul of the derivatives trading rules - prompted, in part, by the aggressive nature of hft firms like jane street - is beginning to impact market dynamics

Groww, Zerodha see big drop as 2 million active investors exit top brokers

Despite a rally in the market, top brokers including Groww and Zerodha lost two million active investors in H1 2025 as Sebi's stricter F&O norms dampen retail trading interest and client growth

Jane Street shows dangers of treating finance as 'shampoo sachet'

Sebi's trading ban on Jane Street and freezing ₹4,840 crore ($570M) profits sends shockwaves through global finance and algorithmic trading markets

Jane Street to challenge Sebi's market manipulation charges, email shows

Jane Street's email sent to its employees said it was "beyond disappointed" by the regulator's "extremely inflammatory" accusations and was working on a formal response