New Delhi: Markets regulator Sebi has deferred by two years till April 2022 it’s directive for companies to separate the roles of chairman and managing director in view of demand from the corporates and to keep compliance cost lower amid slowing economy. Under the Sebi norms, the top 500 listed entities by market capitalization were mandated … Read More →
MoU signed between Ministry of Corporate Affairs & SEBI June 8, A formal Memorandum of Understanding (MOU) was signed between Union Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) for data exchange between two regulatory organizations and to tighten regulatory oversight…0 Key Highlights of MoU The MoU was signed by … Read More →
The Securities and Exchange Board of India has sent officials to Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings from each of the three countries’ financial regulators. The securities watchdog aims to engage with international regulators and gain a deeper understanding of their crypto mechanisms and systems in order to … Read More →
The Capital market regulator Securities and Exchange Board of India (SEBI) plans to relax its norms for direct registration of foreign investors and also fast-track the listing process for companies, including start-ups, as part of efforts to make the Indian stock market more attractive for domestic and overseas investments. This strategic move has been made … Read More →
Markets regulator SEBI is looking to allow investors to buy mutual funds worth up to Rs 50,000 through digital wallets to make it easier for investors to purchase these instruments, especially by young generation. The move would help in speedy and easy transactions, while reducing failures due to payment gateway issues. Besides, the Securities and … Read More →
The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) are looking into the breach of investment limit by foreign portfolio investors (FPIs) in HDFC Bank Ltd last week, as well as steps to prevent such violations in the future, a SEBI official said on the condition of anonymity on … Read More →
Sebi Steps up Effort to Tackle Cyber Crime Following reports of cyber security threat in the Indian banking system, the Securities and Exchange Board of India (Sebi) has initiated an urgent review of the overall risk management and has decided to set up a high-level committee to ensure prudent response and quick, corrective measures for … Read More →
SEBI puts in place disclosure norm for InvITs Putting in place disclosure norms for Infrastructure Investment Trusts (InvITs), Sebi on Thursday said the offer document will contain financial information, related party transactions and past performances. The move comes after the board of Sebi last month decided to further relax InvITs norms in a bid to … Read More →
SEBI Proposals To Bring Transparency But Costs May Rise SEBI’s proposed amendments to the Investment Advisers regulations will bring in more transparency in the system and benefit investors at large, but it could also increase the cost for investors, say advisors. In one of its proposals, SEBI has said that corporates should float a separate … Read More →
MF Distributors Approach Sat Over SEBI’s Direction On Commissions Disclosure Mutual fund distributors have approached the Securities Appellate Tribunal (SAT) against the regulator’s direction to disclose the commission received from every individual investor, three people familiar with the development said. “Distributors, represented by United Forum of distributors, have challenged Sebi’s (Securities and Exchange Board of … Read More →