SEBI issues new norms for foreign portfolio investors The Securities and Exchange Board of India has allowed foreign portfolio investors who had issued participatory notes under the erstwhile regulations to hold the position till the date of expiry of such positions or till end of December 2020. The regulator said in a clarificatory note posted … Read More →
SEBI eases trading requirement in currency derivatives segment With an aim to ease trading requirements in the currency derivatives segment, markets regulator Sebi today said position limit linked to open interest will be applicable at the time of opening a position. Such positions will not be required to be unwound in the event of a … Read More →
SEBI to ease norms for REITs, portfolio managers The Securities and Exchange Board of India (SEBI) plans to relax norms for portfolio managers to enable more offshore fund managers to relocate to India. The regulator is also looking to change the norms for Real Estate Investment Trusts (REITs) to attract more real estate companies in … Read More →
SEBI to take action against more brokers for manipulative ‘self-trades’ More equity brokers are likely to be penalised by market regulator Sebi for execution of ‘self trades’. Sebi’s action to impose heavy fines on a few brokers last year for failure to curb self trades has been challenged in court. But the regulator intends to … Read More →
Securities Exchange Board of India (SEBI) was set up in 1988 to regulate the functions of securities market. SEBI promotes orderly and healthy development in the stock market but initially SEBI was not able to exercise complete control over the stock market transactions. It was left as a watch dog to observe the activities but … Read More →
Sebi to make it easier for fund managers to move to India To make it easier for the foreign fund managers keen to relocate to India, markets regulator Sebi is considering allowing them to function as ‘Portfolio Managers’ under an easier regulatory regime. The move assumes significance in the wake of the government already having … Read More →
To make start-up listing platform more attractive, regulator Sebi plans to relax norms by next month to help them tap this avenue for raising funds as also to give an easier exit opportunity to their existing investors including from abroad. The platform is aimed at providing easier exit options for angel investors, domestic and foreign … Read More →
Allaying concerns about any further misuse of Participatory Notes, market watchdog Sebi’s Chairman U K Sinha has said Indians can no longer use these offshore instruments, even indirectly, and a strong safety net has been put in place to check any routing of black money. He also said that foreign investors have been taken “completely … Read More →
SEBI Plans To Seek Amendments To Securities Law Sebi plans to approach the government seeking amendments to securities law for more clarity on adjudicating officers’ discretionary powers in determining the quantum of monetary penalty in cases of violations. The move comes after the Supreme Court recently rejected the regulator’s plea that an adjudicating officer has … Read More →
De-listing Process: SEBI provides clarity for small companies Promoters of small companies who get written consent from at least 90 per cent of the public shareholders to delist shares will be considered to have complied with the delisting norms, according to Sebi. The clarification has been provided in the latest set of Frequently Asked Questions … Read More →