Submission of Half Yearly Networth Certificate
Members are advised to note that the link for submitting the Networth will be made available on ENIT COMPLIANCE NEW from 7th April, 2023, onwards. The User Manual for the same has also been provided.
NSE warning against security market tips
It has been brought to the notice of NSE that person named “Kirti Patel” associated with entities named “Decent Wealth Management” and “Money Forest” operating through mobile number “9016478696” and “7862029937” is providing securities market tips and assured/guaranteed returns on investment in stock market. Participation in such prohibited schemes is at investors own risk, cost and consequences as such schemes are neither approved nor endorsed by the Exchange.
Clarification regarding Usage of brand name/trade name by Investment Advisers (IA) and Research Analysts (RA)
investment advisers and research analysts may use the brand name/trade name/logo subject to SEBI directions. SEBI logo shall not be used by IA/RA.
Advertisement Code for Investment Advisers and Research Analysts
The Securities and Exchange Board of India (SEBI) has issued a circular directing Investment Advisers (IA) and Research Analysts (RA) to comply with the advertisement code for Investment Advisers (IA) and Research Analysts (RA).
Stock Brokers directed to Report Cyber Incidents
Members are required to report Cyber Incident(s) for the quarter ending March 31, 2023 through member portal. This reporting shall be done on or before 15th April 15, 2023.
SEBI Operational Circular for Debenture Trustees
A single operational circular has been prepared by consolidating all applicable circulars to remove inconsistencies and repetitions through consequent changes. For ease of reference, each chapter of this operational circular contains footnotes corresponding to the respective erstwhile circulars.
Revisions in rates of Securities Transaction Tax
The circular states that the rate of levy of STT for sale of an option in securities has been revised to 0.0625%. Similarly, the rate of STT for sale of a futures in securities has been revised to 0.0125% .
Comprehensive FAQs on SEBI (PIT) Regulations, 2015
The new comprehensive FAQs on SEBI (PIT) Regulations, 2015 provide valuable insights into the regulatory framework surrounding insider trading in India. By addressing common queries and introducing key changes, SEBI aims to enhance transparency and promote fair practices in the securities market. Market participants and stakeholders should familiarize themselves with these regulations to ensure compliance and contribute to the integrity of the Indian capital markets.
Extended compliance period for large corporates who have issued debt securities to the extent of 25% of their incremental borrowings in a financial year
It has been decided that the contiguous block of two years over which large corporates need to meet the mandatory requirement of raising minimum 25% of their incremental borrowings in a financial year through issuance of debt securities will be extended to a contiguous block of three years (from the present requirement of two years) reckoned from FY 2021-22 onwards.
BSE issues Standard Operating Process under SEBI(PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database (“SDD”)
The listed entities are advised to take a note that the listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are not applicable, are required to continue to submit SDD Compliance certificate on quarterly basis, within 21 days from end of each quarter.
