NSE has clarified the process through which close price for the future contracts shall be determined
In continuation to Exchange circular no. 47756 dated March 24, 2021, regarding Daily Price Limits (DPL) for
Commodity Futures Contracts, NSE has clarified the process through which close price for the future contracts shall be determined.
NSE clarification regarding Segregation and Monitoring of Collateral at Client Level.
Members are instructed that the current cutoff time of T+1 17:00:00 hours for reporting of Client collateral segregation data is extended to 23:59:59 hours. Further, the option for
delayed/modification of collateral data post the cut off time by clearing members is withdrawn with effect from trade date May 15, 2023.
RBI directs banks to complete transition away from the London Interbank Offered Rate
The Reserve Bank of India (RBI) has issued an advisory to banks and other RBI-regulated entities, emphasizing the need to take steps to ensure a complete transition away from the London Interbank Offered Rate (LIBOR) from July 01, 2023.
RBI launches ‘100 Days 100 Pays’ Campaign for Return of Unclaimed Deposits
This measure will complement the ongoing efforts and initiatives by the Reserve Bank to reduce the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners/ claimants.
SEBI along with BSE and NSE has established an Investor Service Center (ISC) at New Delhi
This Centre will facilitate resolution of complaints of investors against all listed corporate entities and other registered intermediaries in the securities market and also facilitate conducting of investor awareness programs in the entire Northern Region.
SEBI clarification regarding Investment in units of Mutual Funds in the name of minor through guardian
It is clarified that Payment for investment by any mode shall be accepted fromthe bank account of the minor, parent or legal guardian of the minor,or from a joint account of theminor with parent orlegal guardian. For existing folios, the AMCs shall insist upon a Change of Pay-out Bank mandate before redemption is processed.
Consultation paper on Delisting of Non-Convertible Debt Securities
The objective of this consultation paper is to seek comments/views/ suggestions from the public on the proposal for a mechanism for delisting of non-convertible debt securities.
Regulatory Framework for Micro, Small and Medium REITs
Fractional ownership of real estate assets is proposed to be brought as MSM REITs under SEBI (Real Estate Investment Trusts) Regulations, 2014.
