SEBI Terms and Conditions for Research Analysts

The primary objective of the SEBI Circular is to provide a standardized and mandatory framework for research analysts (RAs) in terms of the Most Important Terms and Conditions (MITC) that must be disclosed to clients. As per Regulation 24(6) of the SEBI (Research Analysts) Regulations, 2014, RAs are required to disclose the terms and conditions of their research services to clients and obtain their consent. This disclosure is aimed at creating transparency and ensuring that clients are fully aware of the services they are subscribing to.

New process of issuing laws: SEBI regulations

The regulations serve as the foundation for SEBI’s regulatory framework, outlining the process by which SEBI creates, revises, and reviews the rules and guidelines governing India’s securities market.

SEBI Invites Public Comments on Draft Circular for Financial Disclosures and Compliance by REITs and InvITs

Securities and Exchange Board of India (SEBI) issued a draft circular for public comments, outlining proposed changes to the disclosure of financial information and continuous compliance requirements for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). This review, prompted by inputs from various stakeholders, including industry bodies like the Indian REITs Association and Bharat InvITs Association, aims to enhance transparency and streamline the regulatory process for these investment vehicles.

Dematerializing investments: relaxed timelines for AIFs

From July 1, 2025, all investments made by AIFs, whether directly in the investee company or acquired from another entity, will be required to be held in dematerialized form. This includes any new investments made post this date, ensuring uniformity in the treatment of securities and streamlining the entire investment process. Investments made by AIFs prior to July 1, 2025, are generally exempt from the requirement to hold investments in dematerialized form.

Revised timelines for issuance of Consolidated Account Statement

According to the guidelines, CAS was to be generated on a monthly basis, and Asset Management Companies (AMCs) and Mutual Fund Registrar and Transfer Agents (MF-RTAs) were required to share common PAN data with depositories within three days of the month-end. Depositories, in turn, had ten days to consolidate the information and dispatch the CAS.

Postal Life insurance services for rural areas

Various steps have been taken by the Government to create awareness among rural population about the advantages of taking Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) policy. Promotion and publicity of PLI and RPLI is done by way of advertisement through social media campaigns, radio jingles, outdoor publicity and organisation of awareness camps and melas throughout the country.

Government initiatives for extending telecommunication to rural areas

Various telecom assets are mapped on the PM Gati Shakti (PMGS) National Master Plan (NMP) platform in addition to 1600+ layers of different Ministries/departments. The usage of PMGS NMP tools and other mapped telecom assets will aid in the effective planning of additional Bharat Net projects.

Measures for promotion of Electric vehicles: Green mobility schemes

Electric Mobility Promotion Scheme (EMPS) 2024 notified vide Gazette Notification 1334 (E) dated 13.03.2024 was launched with an aim to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country. The scheme has since been subsumed in the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme which was notified vide Gazette Notification dated 29.09.2024. The PM E-DRIVE scheme’s duration is till 31.03.2026.

UGC directions for academic research: New standards for journals

HEIs may establish internal committee(s) to fine-tune the above-suggested parameters from time to time as needed in their specific cases to ensure they continue to meet the quality standards and to align with the institute’s academic and research goals.