SEBI Update – Ease of doing business – Streamlining of prudential norm for passive schemes regarding exposure to securities of group companies of the sponsor of Mutual Funds
It was decided to streamline the extant prudential norm applicable to investments by passively managed
SEBI Update – Dispatch of Consolidated Account Statement (CAS) for all securities assets
Considering the increasing reach of digital technology, electronic mode now being the preferred mode of
SEBI Update – Ease of Doing Investments- Non-submission of ‘Choice of Nomination’ (i) Doing away with freezing of Demat Accounts and Mutual Fund Folios for existing investors; (ii) To remove freeze on payment of corporate benefits and service of physical folios; (b) Only 3 fields to be provided mandatorily for updating Nomination Details
SEBI, vide circular no. SEBI/HO/MIRSD/POD-1/CIR/2023/193 dated December 27, 2023 extended the last date for submission