SEBI Update – Modification in Cyber Security and Cyber Resilience framework of Stock Exchanges, Clearing Corporations and Depositories
SEBI vide its circular dated 24th Aug 2023 has made Modification in the Cyber Security
SEBI Update – Mandating additional disclosures by Foreign Portfolio Investors (FPIs) that fulfil certain objective criteria
All entities holding any ownership, economic interest, or exercising control in the FPI, on a
RBI Update -Fair Lending Practice – Penal Charges in Loan Accounts
On a review of the practices followed by REs for charging penal interest/charges on loans,
SEBI Update – Simplification of KYC process and rationalisation of Risk Management Framework at KYC (Know Your Client) Registration Agencies (KRAs)
Sebi on Friday simplified the KYC process and rationalised the risk management framework at KYC
SEBI Update – Timeline for the Exit Option Window Period for Change in Control of AMC
Sebi on 11th Aug 2023 came out with a new timeline for the exit option
RBI Update – Reserve Bank of India Act, 1934 – Section 42(1A) – Requirement for maintaining additional CRR
It has been decided to issue a directive under Section 42(1A) of the Reserve Bank
Procedure for seeking prior approval for change in control
Sebi on 10th Aug 2023 streamlined the procedure of obtaining prior approval for the proposed
SEBI Update- Reduction of timeline for listing of shares in Public Issue from existing T+6 days to T+3 days
SEBI has reduced the timeline for listing securities after the closure of public issue to
SEBI Update – Transactions in Corporate Bonds through Request for Quote (RFQ) platform by FPIs
Sebi Update about corporate bonds.
SEBI Update – Resources for Trustees of Mutual Funds
The Securities and Exchange Board of India (SEBI) has issued a circular, mentioning that trustees