SEBI extends the commencement of Investment Advisers Amendment Regulations, 2021
The new fee structure for registration of investment advisors shall come into force w.e.f April 1, 2021.
NSE publishes Penalty structure for Non-submission of authorization to access the information of bank accounts maintained by members
The stock exchange has previously directed the trading members to submit authorization to exchange to access the information/statements pertaining to all bank accounts, maintained by members reported to the Exchange. The Exchange has now formulated an indicative penalty structure for any non-compliance of this requirement.
SEBI further grants relaxation in procedural matters of issues and listings.
In terms of Regulation 76 of the ICDR Regulations, an application for a rights issue shall be made only through ASBA facility.
Sebi grants relaxation to companies from compliance with certain LODR provisions due to covid-19 pandemic.
SEBI has granted relaxations in respect of sending physical copies of annual report to shareholders and requirement of proxy for general meetings held through electronic mode which is extended for listed entities till 31st December, 2021.
SEBI clarifies the norms for investment and disclosure by Mutual Funds in Exchange Traded Commodity Derivatives
Mutual funds shall not write options, or purchase instruments with embedded written options in goods or on commodity futures.
SEBI repeals the (Central Database of Market Participants Regulations, 2003
SEBI HAS repealed the Securities and Exchange Board of India (Central Database of Market Participants) Regulations, 2003. The repeal of the regulations shall not affect any pending proceedings.
NSE allows listing of privately placed securities on the debt market segment of the Exchange
Privately placed debt instruments have been admitted to dealings on the Debt Market Segment of the Exchange with effect from the date of notification.
Consultation paper on Role of KYC Registration Agencies (KRAs)/Market Infrastructure Institutions (MIIs) in performing KYC
It is being proposed that the KYC and account opening process may be separated by doing client KYC through KRAs (which includes Market Infrastructure Institutions like Stock Exchanges, Depositories).
The Securities and Exchange Board of India (Investment Advisers) (Amendment) Regulations, 2021
For the purpose of the grant of Investment Advisors registration certificate, the Board shall take into account whether the applicant is a body or body corporate recognized for the purpose of regulating investment advisers.
Sebi reviews volatility scan range for option contracts in commodity derivatives.
Sebi, in consultation with clearing corporations, has decided to prescribe minimum VSR values for commodities based on their volatility as high, medium and low.