Standardized approach to valuation of investment portfolio of Alternative Investment Fund
AIF securities covered under the SEBI (Mutual Funds) Regulations, 1996, the valuation process should align with the norms specified for mutual funds. For securities not covered under the aforementioned norms, AIFs should follow the valuation guidelines endorsed by an AIF industry association representing at least 33% of SEBI registered AIFs.
IFSCA clarification regarding Direct Market Access (DMA) facility
Direct Market Access (DMA) is a facility which allows Broker-Dealers to offer their clients direct access to the trading system of the Stock Exchange, through the Broker-Dealer’s trading systems, without any manual intervention by the Broker-Dealer.
Master Circular on Scheme of Arrangement
All listed entities shall ensure that all dues to, and/or fines/penalties imposed by SEBI, Stock Exchanges and the Depositories have been paid/settled before filing the draft scheme with the designated stock exchange.
NSE Reminder for Submission of Cyber Security and Cyber Resilience Audit Report
The submission of Cyber Security & Cyber Resilience Audit Report is mandatory for all active Members of the Exchange. Submission is to be made electronically through ENIT Member Portal on or before due date, to avoid any penal/disciplinary action.
Revised SEBI Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT) /Obligations of Securities Market Intermediaries under the Prevention of Money-laundering Act, 2002 and Rules framed there under
The guidelines are revised in the light of Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023.
SEBI Guidelines for online bond platform providers
To protect user data privacy and prevent unauthorized cross-selling, any entity associated with the online bond platform provider that offers products, securities, or services not regulated by SEBI, RBI, IRDAI, or PFRDA should neither have access to nor receive any information about the users of the online bond platform. This provision reinforces the importance of data security and ensures that users are not subjected to unsolicited offerings outside the regulated scope of the platform.
SEBI Master circular for Research Analysts
The circular provides an INVESTOR CHARTER IN RESPECT OF RAs to ensure that every investor is able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.
Master Circular for Investment Advisers
In order to bring more transparency and enable the investors to take informed decision regarding availing of advisory services, IAs shall display the compliant data on the homepage (without scrolling) of their website/mobile app. The information should be displayed properly using font size of 12 or above and made available on monthly basis (within 7 days of end of the previous month).
SEBI discontinues acceptance of demand draft with respect to the fee charged for the certified copies of orders and circulars
A non-refundable fee of ₹50/-per order or circular or ₹5/-per page, whichever is higher, shall be charged as fees for each certified copy. The same shall be paid along with the application or subsequently within such time as may be informed to the applicant, by way of direct credit in the bank account of the Board through NEFT/RTGS/IMPS or online payment using the SEBI payment gateway or any other mode as may be specified by SEBI from time to time.
Regulatory framework for Execution Only Platforms(EOP) for facilitating transactions in direct plans of schemes of Mutual Funds
The framework provides that the Stock Exchanges shall enact appropriate framework for EOP segment
