Clarification regarding Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors
The Master Circular which supersedes the earlier circulars was issued on November 05, 2019 and prior circulars were rescinded, without retrospective effect.
Clarification on Enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence
It is clarified that a change in underlying security; creation of additional security; or creation of security in case of unsecured debt securities would not constitute a change in the structure of the non-convertible debt securities, provided there are no other changes to the terms/ nature of issue of the non-convertible debt securities like maturity date, coupon rate, face value, redemption schedule, nature of the non-convertible debt securities(secured/unsecured) etc.
Banking industry to be public utility service
Services of the industries engaged in the Banking industry to be public utility service for the purposes of the the Industrial Disputes Act of 1947 for further six months.
Central Motor Vehicles (Twenty-fourth Amendment) Rules, 2022
Ministry of Road Transport and Highways (MoRTH) has revised the Technical Specification of Reference Hydrogen Fuels.
Applicability of SEBI circular on Principles of Financial Market Infrastructures (PFMIs)to AMC Repo Clearing Limited
AMC Repo Clearing Limited was granted recognition as a Clearing Corporation for the purpose of clearing and settling transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognized stock exchange.
Framework for Orderly Winding Down of Critical Operations and Services of a Clearing Corporation
The CCs shall have the policy framework containing the SOP duly approved by their governing boards and make it available on their websites within 90 days from the date of issuance of this circular.
New directions regarding Performance Benchmarking and Reporting of Performance by Portfolio Managers
An investment approach (‘IA’) is the documented investment philosophy to be adopted by the Portfolio Managers while managing the client funds in order to achieve client’s investment objectives. Now, in addition to IA, an additional layer of broadly defined investment themes called “Strategies” shall be adopted by Portfolio Managers.
Guidelines for the import of Pet Animals
Import of dogs is allowed only for the following specific purposes namely: Pet dog with valid pet book and relevant records/documents in the name of the importer, Dogs imported by the R&D Organizations for conducting research with the recommendation of CPCSEA or for internal security by the Defense and Police Force.
Revised BIS standards
BIS revises standards for textile raw materials.
