Page 49 - Securities And Exchange Board Of India
Sebi's 'difficult to recover' tag for some defaulters will ease court cases
A proposal in this regard is expected to be discussed by Sebi's board at its meeting this week
 "Sebi's 'difficult to recover' tag for some defaulters will ease court cases")
Sebi to relax start-up listing norms following tepid market interest
The relaxation in the norms follows tepid market interest to the existing platform and demands from various stakeholders to make the norms easier and the platform more accessible
 "Sebi to relax start-up listing norms following tepid market interest")
Sebi to expand OFS framework, relax select FPI norms at next week's meet
Sebi is also considering changes in its regulatory framework for debenture trustees
 "Sebi to expand OFS framework, relax select FPI norms at next week's meet")
KPMG, Deloitte empanelled to conduct forensic audits of listed firms
The move comes amid Sebi ordering a forensic audit of a slew of companies including Fortis Healthcare
 "KPMG, Deloitte empanelled to conduct forensic audits of listed firms")
Sebi's ISIN guidelines hit market for structured products in India
A maximum of five ISINs maturing per financial year are allowed only for structured products/market-linked debt securities
Disclosure norms for algo and high-frequency trading to be more stringent
Brokers will also be required to reveal statistics such as trade-to-order ratio of the algo during a period as well as details of any changes made to the core program
 "Disclosure norms for algo and high-frequency trading to be more stringent")
Brokerages urge Sebi to modify plan to extend derivatives trading hours
Local and foreign brokers have asked the Sebi to postpone until January its plan to introduce longer trading hours, citing the need for more testing
 "Brokerages urge Sebi to modify plan to extend derivatives trading hours")
Sebi in process to develop interoperability framework for clearing corps
In August 2015, Sebi had decided to hold public consultations on a new set of norms to enable interoperability of clearing corporations
Sebi mulls capping tenure of stock exchange CEOs to maximum two 5-yr terms
Sebi is planning to bring in new ownership norms for setting up of stock exchanges as it feels that entry of new players can benefit investors with better product choices and effective cost structures
 "Sebi mulls capping tenure of stock exchange CEOs to maximum two 5-yr terms")
Sebi defers implementation of new higher margin norms for derivatives
Sebi said besides collecting initial margin, trading members will have to collect exposure margin
Sebi asks banks to explain bad loan under-reporting
Wants to ensure banks and auditors adhered to disclosure requirements; evaluating RBI status report
 "Sebi asks banks to explain bad loan under-reporting")