NSE clarification regarding Segregation and Monitoring of Collateral at Client Level.
Members are instructed that the current cutoff time of T+1 17:00:00 hours for reporting of Client collateral segregation data is extended to 23:59:59 hours. Further, the option for
delayed/modification of collateral data post the cut off time by clearing members is withdrawn with effect from trade date May 15, 2023.
SEBI along with BSE and NSE has established an Investor Service Center (ISC) at New Delhi
This Centre will facilitate resolution of complaints of investors against all listed corporate entities and other registered intermediaries in the securities market and also facilitate conducting of investor awareness programs in the entire Northern Region.
SEBI clarification regarding Investment in units of Mutual Funds in the name of minor through guardian
It is clarified that Payment for investment by any mode shall be accepted fromthe bank account of the minor, parent or legal guardian of the minor,or from a joint account of theminor with parent orlegal guardian. For existing folios, the AMCs shall insist upon a Change of Pay-out Bank mandate before redemption is processed.
Consultation paper on Delisting of Non-Convertible Debt Securities
The objective of this consultation paper is to seek comments/views/ suggestions from the public on the proposal for a mechanism for delisting of non-convertible debt securities.
Regulatory Framework for Micro, Small and Medium REITs
Fractional ownership of real estate assets is proposed to be brought as MSM REITs under SEBI (Real Estate Investment Trusts) Regulations, 2014.
Registration with the finnet 2.0 system of financial intelligence unit – india (fiu-india)
Those who not registered in FIU-India are required to register in FINNET 2.0 in light of FATF mutual evaluation as soon as possible.
Direct Market Access (DMA) to SEBI registered Foreign Portfolio Investors (FPIs) for participating in Exchange Traded Commodity Derivatives (ETCDs)
Stock exchanges/brokers shall adhere to the provisions stipulated in SEBI Circulars which include procedure for application for DMA, operational specifications, Client authorization and broker-client agreement, risk management, etc to avail the permission.
NSE clarification regarding acceptance of business only from empaneled Distributors
The members are advised to ensure that before executing any subscriptions (Fresh/Additional Purchase/SIP/STP) or Switch transactions on BSE StAR MF platform, members should be duly empanelled with the respective AMCs.
NSE issues caution notice for investors
Exchange provides warning to the investors about a person named “Vishnu Darak” (Mob: – 9326799992) who is providing dabba/illegal trading platform with assured profit. He offers to handle investor’s trading A/C by asking their ID and password.
Legal Entity Identifier (LEI) for issuers who have listed and/ or propose to list non-convertible securities, securitized debt instruments and security receipts.
Issuers having outstanding listed non-convertible securities as on August 31, 2023, shall report/ obtain and report the LEI code in the Centralized Database of corporate bonds, on or before September 1, 2023. Similarly, issuers having outstanding listed securitized debt instruments and security receipts as on August 31, 2023, shall report/ obtain and report the LEI code to the Depository(ies), on or before September 1, 2023.
