SEBI has issued a procedure for reclassification of FPI investment to FDI
In case the investment made by a Foreign Portfolio Investor (along with its investor group) reaches 10% or more of the total paid up equity capital of a company on a fully diluted basis and the FPI (along with its investor group) intends to reclassify its FPI holdings as Foreign Direct Investment (FDI), it shall follow extant FEMA Rules and circulars issued thereunder in this regard.
SEBI Clarification regarding trading supported by Blocked Amount in Secondary Market
In addition to the current mode of trading, the Qualified Stock Brokers (QSBs) shall provide either the facility of trading supported by blocked amount in the secondary market (cash segment) using UPI block mechanism or the 3-in-1 Trading Account facility, to their clients.
Department of Pension & Pensioners’ Welfare launches Nationwide Digital Life Certificate Campaign 3.0 from 1st – 30th November,2024
SBI and PNB are leading the Campaign by generating more than 5 lacs DLCs during the 1st week of the month-long Campaign. Maharashtra and Tamil Nadu States are topping the list by generating more than 8.5 lacs DLCs during the 1st week of the month-long Campaign.
Consultation Paper on proposed review of the definition of Unpublished Price Sensitive Information under SEBI (Prohibition of Insider Trading) Regulations, 2015
The comments along with rationale may be submitted by any of the following modes latest by November 30, 2024.
NSE advertisement Code for Online Bond Platform Providers
OBPPs are encouraged to use simple language and avoid the use of complex technical or legal terminology or excessive details which may confuse the investors. However, use of terminology widely accepted and related to the product shall be permitted.
SEBI advisory on communication with SEBI Officials
All registered intermediaries/regulated entities are advised to implement measures requiring approval/clarification from SEBI only upon receipt of explicit written approval or written clarification or communication from SEBI.
SEBI Consultation paper on review of requirements of alignment of interest of the Designated Employees of the AMC with the interest of the unitholders
The Securities and Exchange Board of India (SEBI) is pushing forward requirements for Asset Management Companies (AMCs), aiming to align the interests of AMC employees with those of investors. SEBI’s latest consultation paper invites public feedback on these proposals, which impact different levels of AMC employees in terms of investment requirements, lock-in periods, and disclosure obligations.
SEBI Consultation Paper on Measures for Reforms to Debenture Trustees Regulations including towards Ease of Doing Business
The comments/ suggestions should be submitted through Online web-based form latest by, November 18, 2024.
SEBI Advisory on unauthorized virtual trading / gaming platforms
SEBI issuing caution, advising investors to not engage with or undertake investment or trading activities through un-registered intermediaries/ web applications/ platforms / apps.
SEBI updates on mutual fund disclosures aimed at enhancing transparency, investor comprehension, and standardization across the industry
These changes, scheduled to take effect on December 5, 2024, address three main areas: expense and returns disclosure, a new color-coded risk-o-meter, and a standardized format for communicating risk level changes.
