FAQ’s on filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform
Agreements (viz. shareholder agreement(s), joint venture agreement(s), family settlement agreement(s) (to the extent that it impacts management and control of the listed entity), agreement(s)/treaty(ies)/contract(s) with media companies) which are binding and not in normal course of business, revision(s) or amendment(s) and termination(s) thereof shall be disclosed.
BSE FAQ’s on Filing of announcements in XBRL format
BSE vide notice dated 16 May 2023 has issued FAQ’s on Filing of announcements in XBRL format on BSE listing center content.
Securities and Exchange Board of India (Employees Services) (Amendment) Regulations, 2023
SEBI Regulations amendment made changes regarding qualification for officers in the Legal Stream in Grade ‘A’.
Modification of Surety Insurance Guidelines
It is directed that where the solvency margin of an insurer falls below the specified threshold limit at any point of time, the insurer shall stop underwriting new Surety Insurance business until its solvency margin is restored to
above the threshold limit.
IRDAI Measures towards developing Surety Insurance Bonds market
The solvency requirement applicable for such products has now been reduced to control level of 1.5 times from 1.875 previously prescribed. Further, the prevailing 30% exposure limit applicable on each contract underwritten by an insurer, has also been removed.
NSE has clarified the process through which close price for the future contracts shall be determined
In continuation to Exchange circular no. 47756 dated March 24, 2021, regarding Daily Price Limits (DPL) for
Commodity Futures Contracts, NSE has clarified the process through which close price for the future contracts shall be determined.
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delayed/modification of collateral data post the cut off time by clearing members is withdrawn with effect from trade date May 15, 2023.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.
