SEBI Revises norms on Daily Price Limits for commodity futures contracts.
As per the revised norm, the base price for fixing the DPL slabs shall be the previous day’s closing price of the underlying contract on the respective stock exchange and the stock exchanges shall ensure that their system should only accept those orders which are within the relevant prescribed slab at any point of time.
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
The amendment has added to the events/information, upon occurrence of which a listed entity shall make disclosure to stock exchange the events in relation to the corporate insolvency resolution process (CIRP) of a listed corporate debtor under the Insolvency Code.
SEBI notifies Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2021.
The Amendment is brought under regulation 20 which specifies the general obligations in which the Manager shall be responsible for investment decisions of the Alternative Investment Fund.
SEBI amends ICDR regulation for non requirement of minimum promoters’ contribution.
Under the amended clause, the requirements of minimum promoters’ contribution shall not apply in case where the equity shares of the issuer are frequently traded on a stock exchange for a period of at least 3 years immediately preceding the reference date.
SEBI revise the monthly reporting format of portfolio managers.
The Portfolio Managers are required to submit a monthly report regarding their portfolio management activity, on the SEBI Intermediaries Portal within 7 working days of the end of each month, as per the prescribed format.
SEBI allows the transfer of bourses excess contribution from core SGF to the Core SGF of another Clearing Corporation.
The Clearing Corporations shall ensure compliance with requirements of Minimum Required Corpus (MRC) of Core SGF as prescribed by SEBI.
RBI announces Special Open Market Operations (OMO) Simultaneous Purchase and Sale of Government of India Securities
RBI has Announced Special Open Market Operations (OMO) Simultaneous Purchase and Sale of Government of India Securities for an aggregate amount of ₹10,000 crores each on January 14, 2021.
SEBI issues timeline for release of security deposit by exchanges upon surrender of Trading Member’s registration
SEBI directed all exchanges that on approval of application for surrender of Trading Member’s registration by SEBI, the Exchange shall release Security Deposit within prescribed timeline.
SEBI reviews Ownership and Governance norms to facilitate new entrants to set up Stock Exchange / Depository
SEBI proposed to create a liberalized ownership framework by allowing higher shareholding at initial / inception stage with dilution over a period of time.
NSE directs trading members to submit undertaking to exchanges to access the information pertaining to all bank accounts.
The trading members shall submit Undertaking/Authorisation to Exchange to access the information/statements pertaining to all bank accounts, maintained by members, opened/reported to the Exchange from time to time, from Banks or through a financial technology solution provider authorized by the Exchange.
