SEBI amends the guidelines for grievance redressal by Real Estate Investment Trusts
All complaints including SCORES complaints received by the REIT shall now on be disclosed in the format mentioned in Annexure – A on the website of the REIT.
SEBI amends the guidelines for the Grievance Redressal by Investment Trusts
All complaints including SCORES complaints received by the InvIT shall now on be disclosed in the format mentioned in Annexure – A on the website of the InvIT.
Life Insurance Corporation General Regulations, 2021
The Corporation may issue securities either in physical form or in dematerialized form in accordance with the provisions of the Depositories Act and the Depositories and Participants Regulations.
International Financial Services Centers Authority (Issuance and Listing of Securities) Regulations, 2021
The new regulations detail the general principles, eligibility criteria, procedure and other qualifications of Issuance and Listing of Securities at IFSC.
SEBI extends timeline for compliance with regulatory requirements by Debenture Trustees
The timelines for compliance with the regulatory requirements of the SEBI by Debenture trustees for the quarter/half year/ year ending March 31, 2021 has been extended.
SEBI notifies Framework on segregation, monitoring of collateral at client level.
In order to provide visibility of client-wise collateral (for each client) at all levels, viz., TM, CM and Clearing Corporation (CC), a reporting mechanism, covering both cash and non-cash collateral, shall be specified by the CCs.
SEBI issues Circular on Block Mechanism in demat account of clients undertaking sale transactions.
A facility of block mechanism in the Demat account of clients has been made available by the depositories. The securities lying in the client’s Demat account may be blocked in favour of Clearing Corporation either by the client himself using depository’s online system or eDIS mandate or through depository participant based on physical DIS given by client or Power of Attorney (POA) holder.
SEBI introduces expected loss-based rating scale for rating agencies.
The expected loss (EL) based rating is divided into a scale of seven levels, spanning from lowest to highest expected loss.
RBI invites comments on the draft circular on ‘issue of share capital and securities- primary(urban) co-operative banks’
The feedbacks on the draft circular is to be forwarded by mail by 31st August, 2021 from UCBs, sector participants and other interested parties.
IFSCA constitutes an expert committee on longevity finance
An Expert Committee has been constituted by IFSCA in its endeavor to develop a Longevity Finance Hub in GIFT IFSC.