Page 45 - Securities And Exchange Board Of India

Giving in to lobbying

Deadline extension for splitting CMD post is unfortunate

Mutual fund registrar and transfer agents eye growth in AIFs, insurance

Fee cuts in MFs to have 4-5% impact on pricing

Sebi defers deadline by 2 years to separate roles of chairman & MD

Now, the date of implementation of the regulatory provision has been deferred to April 1, 2022, the regulator said in a notification without giving any reason for the move

Sebi may tweak norms to allow more flexibility to equity fund managers

In October 2017, Sebi came out with the scheme classification norms to ensure that mutual fund schemes make investments in-line with their stated scheme mandate

ESAF Small Finance Bank files DRHP for Rs 976 crore IPO with Sebi

According to the DRHP, the IPO comprises a fresh issue worth Rs 800 crore and an Offer for Sale (OFS) amounting to Rs 176.2 crore

Mukherjee, Chidambaram, Jaitley stood ground against Sahara: Ex-Sebi chief

The biggest and most expensive legal minds in the country appeared for Sahara at various stages

New F&O norms: Brokers to meet Sebi over intra-day margin restrictions

For now, brokerages are bracing for a dip in trading volumes, given that the curbs on leverage trades - effective from January - are likely to hurt transactions in the F&O segment

Timeline for PMS 2.0 guidelines worries Rs 16-trillion industry

Notification awaited a month after announcement; service providers fear sudden implementation

Govt, Sebi spar over transfer of surplus funds as Budget 2020 nears

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far

To strengthen conduct, Sebi asks investment advisers to do risk profiling

The Securities and Exchange Board of India (Sebi) noted that investment advisers (IAs) are providing advice on a free trial basis without considering risk profile of the client

IL&FS case: Sebi fines ICRA, CARE Rs 2.5 mln each for poor due diligence

Markets regulator Sebi on Thursday imposed a penalty of Rs 25 lakh each on rating agencies ICRA and CARE for failing to exercise "due diligence" while assigning credit rating to the non-convertible debentures of IL&FS. Sebi also said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of these rating agencies. The case relates to the default committed by IL&FS and its subsidiary IL&FS Financial Services on their obligations in respect of the commercial paper, inter-corporate deposits (ICDs), as well as on interest payments related to the non-convertible debentures (NCDs). The regulator undertook an examination with respect to the role of the credit rating agencies (CRAs), including CARE Ratings Ltd and ICRA Ltd, in assigning rating to various NCDs of Infrastructure Leasing and Financial Services (IL&FS). According to Sebi, IL&FS and its group companies' financial parameters, especially short-term borrowings, ...

No due diligence, Sebi slaps Rs 5 lakh on ICICI Pru Trust, ICICI Pru AMC

The regulator noted that investments were made in companies other than those in the FMCG industry which was against the mandate of the scheme and in violation of Sebi's rules

Sebi comes out with new mechanism to reward whistleblowers, informants

Insider trading refers to trading of securities while in possession of Unpublished Price Sensitive Information (UPSI) about the particular securities

Sebi asks InvITs to file draft papers 30 days before opening of issue

The draft placement memorandum shall be filed through a Sebi registered merchant banker, the markets watchdog said in a circular

Karvy fallout: Sebi plans tighter norms to protect mutual fund investors

Regulator proposes discontinuing of pooled accounts, to protect investors

Sebi signs pact with Kazakhstan-based AFSA for mutual co-operation

The MoU was signed by Chairman of Sebi Ajay Tyagi and the acting chief executive officer of AFSA Mukhtar Bubeyev

Sebi approves CDSL proposal to set IFSC branch in Gujarat's GIFT City

Central Depository Services (India) Ltd on Monday said it has received approval from markets regulator Sebi for setting up its IFSC (International Financial Services Centre) branch at the GIFT City in Gujarat. CDSL will be the first depository to launch its branch operations from the precincts of IFSC in the GIFT city. "Adding to the list of many firsts, CDSL besides being the first listed depository in India would also be the first depository to set-up its branch at the IFSC Center at GIFT City. We are fully committed to bring in the world class sophistication and services in the products as permitted from time to time. "Additionally, I am sure that it would contribute to the development of the market with the introduction of delivery-based trading to the existing suite of the products traded on the exchanges at the IFSC Center. It would also enable issuers to list their issuances like bonds & depository receipts thereby enhancing the value proposition for the IFSC Center," Nehal

FDA observation, forensic audit by Sebi may keep Sun Pharma under pressure

Halol plant observations add to worries on the extent of upsides from specialty drugs

AMCs can give management, advisory services to fairly regulated FPIs: Sebi

In September, the regulator broad-based the classification for FPIs and simplified their registration process

HNIs curb flows to long-short AIFs as higher taxation pinches

Sebi data shows that commitments raised by category-III AIFs in September quarter were down 10% QoQ