Securities and Exchange Board of India

    Securities / Derivatives

    SEBI Prescribes New Limits for Debt Fund Exposures

    By Editors | 10/10/2019

    The regulatory has prescribed new limits for debt mutual funds’ investment in unlisted, unrated and credit enhanced securities, and tightened sector and group level exposure limits.

    AML / KYC

    India Establishes High Level Panel on AML/CFT

    By Editors | 08/10/2019

    The inter-ministerial committee comprises senior officials from government departments, ministries, law enforcement agencies and regulatory bodies, including the RBI, SEBI and IRDAI.

    Securities / Derivatives

    SEBI Issues Norms for Funds on Money Market, Debt Valuations

    By Editors | 01/10/2019

    Mutual funds should value money market and debt securities using the waterfall approach on the basis of traded yields, SEBI said in a circular.

    Securities / Derivatives

    SEBI Prescribes New Risk Management Norms for Liquid Funds

    By Editors | 24/09/2019

    From 1 April 2020, liquid and overnight funds must hold at least 20% of their net assets in liquid assets such as cash, government securities and treasury bills.

    Enforcement

    Tribunal Overturns SEBI Order Banning PwC from Auditing

    By Editors | 10/09/2019

    The Securities Appellate Tribunal cited a lack of evidence against PwC, and said SEBI had no jurisdiction to impose the ban in the first place.

    Securities / Derivatives

    RBI Task Force Urges Development of Secondary Market for Loans

    By Editors | 05/09/2019

    The task force recommends easing rules for loan asset securitisation, and to allow secondary market participation from funds and insurers.

    Securities / Derivatives

    SEBI Extends Deadline for New Rules on Handling Client Securities

    By Editors | 30/08/2019

    Following feedback from stock exchanges and market participants, SEBI has decided to extend the effective dates in a June circular by one month.

    AML / KYC

    India Withdraws FPI Tax Surcharge Amid Foreign Pressure

    By Editors | 26/08/2019

    The surcharge, introduced last month, increased capital gains tax on foreign trusts investing in India to over 40%, prompting the stock market’s worst July in 17 years.

    Securities / Derivatives

    SEBI Eases Requirements for FPI Registration

    By Editors | 23/08/2019

    SEBI has consolidated 57 circulars and 183 FAQs issued over the years into a single circular for FPIs, easing several requirements in the process.

    SEBI to Force Borrowers to Disclose Defaults to CRAs

    By Editors | 23/08/2019

    The move follows a spate of defaults in India where credit rating agencies were blamed for being unable to flag potential credit risks.

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