SEBI issues guidelines for investment advisors.
The investment adviser shall maintain a record on annual certificate from an auditor confirming compliance with the client level segregation requirements as specified in Regulation 22 of amended IA Regulations.
Guidelines on resources of trustees of mutual fund shall be in force from 1st January 2020.
The timeline for appointment of dedicated officers for administrative assistance to trustees in monitoring various activities of asset management companies shall be applicable from 1st January 2020.
SEBI extends Timeline for submission of public comments on the Formats for Business Responsibility and Sustainability Reporting
Extension of Timeline for submission of public comments on the Formats for Business Responsibility and Sustainability Reporting till October 18, 2020
SEBI revises guidelines for writing off securities by FPIs.
In view of the requests received from various stakeholders, SEBI has been decided to permit said FPIs to write-off shares of all companies which they are unable to sell.
SEBI issues framework for negative pricing in commodity futures.
The clearing corporations (CCs) will have to ensure the readiness of their systems to implement the prescribed framework within 60 days.
SEBI regulatory measures to continue till 29th October 2020
For stocks in the F&O segment meeting certain criteria, market-wide position limit was revised to 50 per cent of the existing levels as part of the measures announced in March.
SEBI extended the time for sharing information by listed companies relating to System driven disclosures
SEBI has informed the Exchange that the time for sharing the information relating to System driven disclosures with designated depository shall be extended till September 30, 2020 .
SEBI directs Mutual Fund house to establish policy on trade execution and allocation.
SEBI has directed the asset management companies (AMCs) to put in place a written down policy such as specific activities, role and responsibilities of various teams engaged in fund management, compliance, risk management and back-office, among others, with regard to order placement, execution of order, trade allocation among various schemes and other related matters.
SEBI permits InvITs and REITs to list on bourses operating in IFSC.
Stock exchanges in IFSC shall evolve a detailed framework prescribing the initial and continuous listing requirements for such InvITs and REITs whose units are listed/proposed to be listed on stock exchanges in IFSC.
SEBI issues clarification on collection and reporting of margins by trading member in cash segment.
The TMs/CMs will have time till ‘T+2’ working days to collect margins (except VaR margins and ELM) from their clients and if the trading members collects minimum 20% upfront margin in lieu of VaR and ELM from the client, then penalty for short-collection/non-collection of margin shall not be applicable.
