NSE circular regarding Enhanced Supervision of Stock Brokers/Depository Participants
Members are required to identify their Key Management Personnel (KMP) and update their PAN details on the Exchange platform.
NSE circular regarding change in match score for PAN verification of unregistered participants introduced in CBRICS platform
In CBRICS platform, participant name is validated against the name linked with the PAN number and the match score has been reduced to 80% from 100%.
NSE clarification regarding Reporting of Bank Guarantees (BGs) created out of clients’ funds
Clearing Members are required to report breakup of Bank Guarantee (BG) placed as collateral with NCL on a weekly basis (details is provided in Member portal (ENIT)).
Consultation paper on proposal enabling direct participation by clients/ participants in the Limited Purpose Clearing Corporation – tri-party repo for corporate bonds
This proposal will facilitate direct participation in repo transactions in corporate bonds by entities which cannot take direct membership of the Stock Exchange/ Clearing Corporation viz. bodies corporate, NBFCs, Insurance companies, Mutual Funds, etc.
Consultation Paper on Strengthening of Investor Grievance handling mechanism through SCORES and linking to the Online Dispute Resolution mechanism approved by SEBI
The consultation paper seeks to solicit public comments on the proposal to strengthen the investor grievance handling mechanism through SEBI Complaint Redressal System (SCORES)and link the same with the online dispute resolution(ODR)mechanism which was recently approved by SEBI.
NSE clarification regarding modification of client codes (all segments) – delivery versus payment (dvp) reporting
In view of the circular published in April, trading members of the exchange are required to report all DVP transactions on a daily basis. This information is required to be uploaded in the extranet portal of the Exchange under prescribed format mentioned in the circular.
Master Circular for Registrars to an Issue and Share Transfer Agents
The Registration number contained in the certificate of registration of STAs should be quoted in all the correspondence with SEBI, Government authorities, Stock Exchanges and its clients.
Consultation Paper on proposed review of the definition of Unpublished Price Sensitive Information (UPSI) under SEBI (Prohibition of Insider Trading) Regulations, 2015
SEBI, in its Board meeting held on March 29, 2023, has approved the proposal for review and rationalization of the disclosure of material events or information by the listed entities. The changes approved, inter-alia, also include introduction of quantitative thresholds for determining ‘materiality’ of events / information, disclosure for certain types of agreements binding listed entities, etc.
Consultation paper on draft SEBI (Prohibition of Unexplained Suspicious Trading Activities in the Securities Market) Regulations, 2023
It is proposed that a person or a group of connected persons, if found to be exhibiting UTP, in a security or a group of securities, where such UTP coincides with Material Non-Public Information in relation to that security or group of securities, such UTP will be deemed to be Suspicious Trading Activity.
Consultation paper on proposed amendment to SEBI (Alternative Investment Funds) Regulations, 2012 to strengthen governance mechanisms of Alternative Investment Funds
Consultation paper on proposed amendment to SEBI (Alternative Investment Funds) Regulations, 2012 to strengthen governance mechanisms of Alternative Investment Funds to seek comments and inputs from stakeholders and public on the following proposals for amendment to SEBI (Alternative Investment Funds) Regulations, 2012, with the objective of strengthening governance mechanisms of AIFs.
