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.
SEBI Board Meeting Highlights: Enhancing Business Environment for SMEs and Investors
On the 18th of December 2024, the 208th meeting of the Securities and Exchange Board of India (SEBI) Board convened in Mumbai to deliberate on significant measures aimed at improving the business environment in the capital markets. The meeting’s agenda featured a variety of reforms impacting primary markets, small and medium enterprises (SMEs), and mutual funds, among others. These approved measures are expected to bolster investor protection, encourage transparency, and facilitate smoother operations within these sectors.
In continuation of the said directions, the suspension in trading in the above contracts has been extended till January 31, 2025.
The suspension in trading in the wheat and paddy commodity derivative contracts has been extended till January 31, 2025.
SEBI has clarified that FPIs have only been barred from issuing ODIs with derivative instruments as the underlying
It is further clarified that ODIs referencing cash market securities can continue to be issued.
Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2024
Regulations provides the obligations and functional procedure of Mutual fund lite asset management company.
Consultation paper on draft circular for “Service platform for investors to trace inactive and unclaimed Mutual Fund folios: MITRA (Mutual Fund Investment Tracing and Retrieval Assistant”
MITRA is designed to provide a searchable database of inactive and unclaimed mutual fund folios, allowing investors to trace investments they may have forgotten or even investments made by others for which they could be the rightful claimant.
Securities and Exchange Board of India (Research Analysts) (Third Amendment) Regulations, 2024
The amendment has provided that an individual research analyst or a principal officer of a non-individual research analyst registered under these regulations, individuals employed as research analyst and partners of a research analyst, if any, engaged in research services shall have the prescribed minimum qualifications.
Securities and Exchange Board of India (Investment Advisers) (Second Amendment) Regulations, 2024
The amendment provides that an investment adviser who uses Artificial Intelligence tools, irrespective of the scale and scenario of adoption of such tools, for servicing its clients shall be solely responsible for the security, confidentiality, integrity of the client data, use of any other information or data to arrive at investment advice, investment advice based on output of Artificial Intelligence tools and compliance with any law for the time being in force.
