SEBI Corrigendum to Circular on Participation of Mutual funds in repo transactions on Corporate Debt Securities dated June 8, 2023
The circular also provided that for transactions where settlement is guaranteed by a Clearing Corporation, the exposure shall not be considered for the purpose of determination of investment limits for single issuer, group issuer and sector level limits.
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)(Second Amendment) Regulations, 2023
Any vacancy in the office of a director, Chief Executive Officer, Managing Director, Whole Time Director, compliance officer or Manager shall be filled by the listed entity at the earliest and in any case not later than three months from the date such vacancy.
Clarification regarding Filing of Annual Secretarial Compliance Report (ASCR) in XBRL format on BSE Listing Center
The facility for filing of ASCR under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) in XBRL Mode will be available with effect from June 15, 2023.
NSE initiates strict action against misuse of client funds by trading members
The Exchange has observed instances of misuse of client funds during its inspections as well as in the alerts generated under offsite supervision. Administrative actions shall be taken by the Exchange against such misuse.
NSE has advised all trading members to ensure that all their clients link their PAN with Aadhar details latest by June 30, 2023
The NSE has advised all trading members to ensure that all their clients (existing and new) comply with the requirement of linking their PAN with Aadhar details latest by June 30, 2023, failing which they shall not be allowed to trade on the Exchange.
Consultation paper on proposed IFSCA(Payment Services) Regulations
The regulations lay down the process for applying to be a Payment Service Provider (PSP) and the types of authorizations that shall be granted for the Authority. The regulations also permit the Authority to revoke an authorization previously granted and also lay down the procedure for a PSP to surrender an authorization previously granted.
NCL discontinues acceptance of securities as a collateral through approved custodians
It is proposed to discontinue the services of approved custodians for the purpose of pledging securities as collateral with NCL towards security or margin deposits.
NSE Caution notice for Investors
The investors may note that for any kind of disputes relating to prohibited schemes none of the official recourses will be available to investors.
NSE advisory for SEBI Regulated Entities (REs) regarding Cyber Security best practices
All trading members are advised to submit compliance status to the Exchange latest by September 30, 2023.
SEBI Clarification regarding Online processing of investor service requests and complaints by RTAs
Holders of physical security certificates are required to submit various documents to the RTAs with respect to various service requests/ complaints. It is proposed to digitize this process in two phases and provide a mechanism for the investor to lodge service requests and complaints online and thereafter track the status and obtain periodical updates
