IFSCA Clarifications in relation to Family Investment Funds
A FIF shall not seek money from individuals or entities outside of the single family. However, a FIF may share economic interest with its employees, directors, FME or other persons providing services to the FIF, as per its internal policy to reward the persons providing services to the FIF or to align the interest of such persons with those of the FIF.
NSE cautions on dealing with Unsolicited Videos and Messages on Social Media
It has been decided that based on the unusual price, volume variation, trading concentration and/or other factors, erring scrips may be shortlisted for surveillance action similar to GSM stage IV. Trading members are also advised to monitor unusual trading pattern by any of their clients, and/or group of clients having significant selling, trading, dealing concentration in relation to circulation of such videos and/or messages.
Introduction of API Facility in NCMS FO for clearing members
The API Facility in NCMS FO is being released in live environment with effect from February 27, 2023.
IFSCA (Management Control, Administrative Control and Market Conduct of insurance business) Regulations, 2023
Comments/suggestions from the general public and stakeholders on the draft regulations shall be submitted on or before 13th March, 2023.
Special Economic Zones (Amendment) Rules, 2023.
The amendment provides that a unit in an International Financial Services Centre, authorised
to undertake aircraft leasing activity, if allowed by the International Financial Services Centre Authority not to maintain separate office, may utilise office space or manpower or both, of another unit set up in International Financial Services Centre authorised to undertake aircraft leasing activity, as may be approved by the Authority.
NSE makes filings for Related Party Transactions (RPT) and Business Responsibility & Sustainability Report (BRSR) available on the NEAPS platform
NSE makes filings for Related Party Transactions (RPT) and Business Responsibility & Sustainability Report (BRSR) available on the NEAPS platform w.e.f 25.02.2023
SEBI Consultation Paper on Holding of Sponsor in REITs and InvITs
The consultation paper seeks to solicit public comments on the proposal to review norms with respect to Sponsor(s) REITs and InvITs. In this manner, it seeks to ensure alignment of interest between the sponsors and unit holders. These comments/ suggestion shall be submitted latest by 8th March, 2023.
Advisory for SEBI Regulated Entities (REs) regarding Cybersecurity best practices
he compliance of the advisory shall be provided by the REs along with their cybersecurity audit report (conducted as per the applicable SEBI Cybersecurity and Cyber Resilience framework).
Consultation Paper on Proposed IFSCA (Management Control, Administrative Control and Market conduct of Insurance Business) Regulations, 2023
Every IIO shall ensure that it shall prevent any entity, from exercising control over it, directly or indirectly, by acquiring significant ownership or interest in the IIO, through portfolio transfers and altered shareholding pattern.
SEBI Consultation Paper on Streamlining Disclosures by Listed Entities and Strengthening Compliance with SEBI (LODR) Regulations, 2015
Comments may be sent by email to consultationcfd@sebi.gov.inno later than March 06, 2023.
