Securities and Exchange Board of India

Securities / Derivatives

SEBI Cautions Investors of Fraudsters Claiming to Represent FPIs

By Ajoy K Das | 27/02/2024

Fraudsters are falsely claiming affiliations with SEBI-registered FPIs and offering trading opportunities and online courses to entice investors.

Securities / Derivatives

SEBI Proposes to Relax Requirements for Mutual Funds

By Ajoy K Das | 27/02/2024

Separate dedicated fund managers would no longer need to be appointed for commodity and overseas investments.

AML / KYC

India to Centralise FATCA, CRS Certifications at KYC Registration Agencies

By Ajoy K Das | 21/02/2024

RFIs are directed to upload certifications under FATCA and CRS received from clients directly into the KRA system.

Securities / Derivatives

India to Develop GIFT City Currency Derivatives Market

By Ajoy K Das | 20/02/2024

The IFSCA has established an advisory committee to study the introduction of a GIFT City market for exchange traded currency derivatives.

Securities / Derivatives

SEBI Proposes Registration Requirement for PMS Distributors

By Ajoy K Das | 16/02/2024

The proposal is in line with the mutual fund industry where distributors are required to be registered with AMFI.

Securities / Derivatives

SEBI Bars TV Guests, Analysts from Securities Market

By Ajoy K Das | 13/02/2024

11 individuals and 4 entities made unlawful gains of $900,000 from trading in stock they were recommending in TV broadcasts.

Market Infrastructure

India: AMNI Agrees to Extend Trading Hours for Index Futures

By Ajoy K Das | 09/02/2024

The Brokers’ Industry Standards Forum will submit a letter to SEBI recommending that the extended trading hours be implemented.

Securities / Derivatives

SEBI to Adjust Timelines for FPIs to Disclose Material Changes

By Ajoy K Das | 09/02/2024

Material changes will be categorised into two groups, with different reporting timelines. New framework also proposed for dealing with securities after FPI registration expires.

Securities / Derivatives

SEBI Issues Guidelines on Preparation of Offer Documents

By Ajoy K Das | 08/02/2024

Draft offer documents should be prepared in “simple language”. SEBI will return noncompliant documents to issuers for correction and resubmission.