SEBI withdraws recognition granted to the Indian Commodity Exchange Limited
The Securities and Exchange Board of India has now notified that, the recognition granted to the Indian Commodity Exchange Limited stands withdrawn.
Master Circular for Stock Exchanges and Clearing Corporations
This Master Circular covers the relevant circulars/communications pertaining to Stock Exchanges and Clearing Corporations issued by SEBI up to October 3 1, 2024.
SEBI circular on Allowing subscription to the issue of Non- Convertible during trading window closure period
SEBI’s latest circular is a positive step toward balancing market integrity with investor interests. By permitting subscription to Non-Convertible Securities during the trading window closure period, SEBI has enhanced the flexibility of market operations while maintaining the core objective of preventing insider trading. This change is expected to smoothen the processes for corporate transactions and ensure that investors can continue to participate in critical market activities without unnecessary restrictions.
Review of Guidelines for setting up and operation of International Trade Financing Services Platform (ITFS)
The revised ITFS guidelines mark a critical step forward in strengthening India’s role as a hub for global trade finance. By simplifying eligibility criteria, expanding permissible activities, and allowing greater participation from various financial entities, these guidelines not only make the ITFS platforms more inclusive but also ensure that they remain competitive and efficient in supporting global trade. These changes promise to provide exporters and importers with better access to capital, at more competitive rates, and with enhanced flexibility—contributing to the overall growth of international trade and finance.
SEBI circular on transfer of shareholdings among immediate relatives and transmission of shareholdings and their effect on change in control
The circular aims to provide clarity on the effects of transferring or transmitting shareholding, particularly among immediate relatives, and its implications for the change in control of the intermediary firms.
Review of Guidelines for setting up and operation of International TradeFinancing Services Platform
The revised guidelines for ITFS platforms mark a significant step forward in enhancing the accessibility, flexibility, and effectiveness of international trade finance services. With streamlined processes, expanded activities, and a broader range of eligible participants and financiers, the updated framework will contribute to a more robust global trade finance ecosystem. As the world increasingly shifts toward digital finance, these reforms represent a critical move towards bridging the financing gap and fostering greater global trade collaboration.
Review of Guidelines for setting up and operation of International Trade Financing Services Platform
The revised IFSCA guidelines for setting up and operating these platforms, released on December 23, 2024, introduce key changes aimed at enhancing operational flexibility and expanding the scope of services. These changes come after extensive consultations with market participants and stakeholders following the initial guidelines issued on July 9, 2021.
SEBI’s New Circular on Data Sharing Policy for Research Purposes
The circular sets clear guidelines on how market infrastructure institutions (MIIs) should segregate data into two categories and share it with accredited academic institutions, while ensuring that sensitive and personal information remains protected.
SEBI Circular on Industry Standards for Reporting of BRSR Core
The primary objective of this circular is to facilitate the effective implementation of the BRSR Core disclosure requirements for listed entities. The BRSR Core, introduced by SEBI in 2021, mandates listed companies to report their performance across several sustainability indicators, covering areas such as climate risk, resource use, stakeholder engagement, and governance practices. This circular serves to standardize the process and simplify the way companies report these parameters, ensuring consistency, comparability, and transparency in their ESG disclosures.
SEBI Circular on Draft Scheme Information Documents (SID) Submission
The recent SEBI circular marks a significant step in improving the mutual fund disclosure process in India. By reducing the public comment period and simplifying certain procedural requirements, SEBI is enhancing the efficiency of the process without compromising on transparency and investor protection. These changes reflect SEBI’s ongoing efforts to adapt to the evolving needs of the asset management industry while ensuring that investors continue to receive the necessary information to make informed investment decisions.
