All Fund Management Entities directed to obtain authorization from IFSCA for each scheme
In order to provide operational clarity, it has been decided that all Fund Management Entities shall henceforth seek authorization from the Authority for each scheme filed.
Revised Reporting format for AIFs
The report shall be submitted within 15 calendar days from the end of each quarter. The report for the quarter ending September 30, 2023 shall be submitted in the revised format by November 15, 2023. From quarter ending December 31, 2023 onwards, AIFs shall submit quarterly report in the revised format as mentioned at paragraph 5 above.
SEBI clarification regarding Board nomination rights to unitholders of Infrastructure Investment Trusts
The circular provides that the Manager of the Infrastructure Investment Trusts shall, within ten days from the end of each calendar month, review whether the Eligible Unitholder(s) who have exercised the board nomination right, continue to have/hold the required number of units of Infrastructure Investment Trusts and make a report of the same.
SEBI clarification regarding Board nomination rights to unitholders of Real Estate Investment Trusts
The circular provides that the Manager of the REIT shall, within ten days from the end of each calendar month, review whether the Eligible Unitholder(s) who have exercised the board nomination right, continue to have/hold the required number of units of REIT and make a report of the same.
NSE Advisory on Cyber Security Alert for G20 Summit
All listed members are advised to maintain vigil, monitoring and be aware of the health of your digital assets. They shall keep in place immediate measures to be taken if a cyber incident occurs and report the same immediately to CERT-In (incident@cert-in.org.in ) and SEBI (mkt_incidents@sebi.gov.in, ciso@sebi.gov.in).
Clarification regarding investment of Mutual Funds Schemes in units of Corporate Debt Market Development Fund
It is clarified that for calculation of asset allocation limits of mutual fund schemes, investment in units of CDMDF shall be excluded from base of net assets.
Guidelines under SEBI KYC (Know Your client) Registration Agency (KRA) Regulations, 2011
Clients whose KYC are not found valid by KRA, such UCCs shall neither be Permitted to Trade on the Exchange, nor will they be able to square up their open positions, if any, w.e.f. September 02, 2023, until they comply with the requirement.
SEBI has announced a Change in Mode of Payment w.r.t. SEBI Investor Protection and Education Fund Bank Account SEBI
SEBI has opened a new bank account to facilitate market participants to make payment to SEBI Investor Protection and Education Fund (SEBI IPEF). In this regard, a link has been provided in the Homepage of SEBI website (www.sebi.gov.jn) under the head “Click here to make payment to SEBI IPEF”
SEBI issues new format of abridged prospectus for public issues of Non-Convertible Debt Securities and/or Non-convertible Redeemable Preference Shares
A copy of the Abridged Prospectus shall be made available on the website of issuer, merchant bankers, registrar to an issuer and a link for downloading Abridged Prospectus shall be provided in issue advertisement for the public issue with QR code.
The Issuer/ Merchant Bankers shall ensure that the qualitative statements in the Abridged Prospectus shall be substantiated with quantitative factors.
SEBI Consultation Paper on Flexibility in the framework on Social Stock Exchange
Comments may be sent by email to consultationcfd@sebi.gov.inlatest by September 19, 2023.
