IFSCA (Bullion Market) Regulations, 2025
The Bullion Market Regulations prescribe minimum net worth as USD 10 million each for a Bullion Exchange and a Bullion Clearing Corporation. If required, as a risk management measure, IFSCA may specify higher net worth for a Bullion exchange or a Bullion clearing corporation based on the nature and scale of their respective business.
Public Comments received on Consultation Paper on the Review of IFSCA (Fund Management) Regulations, 2022
In response to the Consultation Paper on the Review of IFSCA (Fund Management) Regulations, 2022, issued by the International Financial Services Centres Authority (IFSCA) on August 5, 2024, several public comments and suggestions were received. These insights came from various fund management entities (FMEs) and professionals operating within India’s International Financial Services Centre (IFSC), primarily GIFT City. The feedback, which spans regulatory clarifications, suggestions for improving compliance flexibility, and proposals for enhanced operational efficiency, touches on key aspects of fund management operations in the IFSC.
New process for making SEBI rules
One of the most notable features of SEBI’s new regulations is the emphasis on public consultation. This is in line with SEBI’s broader goal of making its regulatory processes more transparent. Under the new rules, before any regulation is finalized, SEBI is required to publish the draft proposal on its official website, inviting comments from the public.
SEBI issues Most Important Terms and Conditions (MITC) for Research Analysts and investment advisors
SEBI has issued Most Important Terms and Conditions (MITC) for Research Analysts and investment advisors. the same shall be standardized by Industry Standards Forum (‘ISF’) in consultation with RAASB and SEBI.
Asset management companies to invest in mutual funds
SEBI has issued Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2025. They shall come into force with effect from April 1, 2025. The asset management companies shall invest a percentage of the remuneration of such employees as specified by the Board in units of mutual fund schemes based on the designation or roles of the designated employees in the manner as may be specified by the Board.
Unauthorised transactions in trading account: SEBI proposes new preventive measures
For investors, the primary benefit of these new measures is the creation of a secure trading environment. With the combination of hard-binding SIM devices, biometric authentication, and enhanced verification procedures, the risk of unauthorized transactions and fraudulent activities will be significantly reduced. The security features are designed to ensure that only the rightful account holder can access and execute trades, even if the investor’s mobile device is lost or stolen.
Approval of a related party transactions: new process for audit committee and shareholders
SEBI has issued Industry Standards on “Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction. The listed entity shall provide the audit committee with the information as specified in the Industry Standards on Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction while placing any proposal for review and approval of an RPT.
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.
