In order to simplify and provide more transparency in the process of arriving at the indicative settlement amount in terms of the parameters laid down in the SEBI (Settlement Proceedings) Regulations, 2018, SEBI has launched the Settlement Calculator(BETA version).
This Settlement Calculator contains fields that the applicant may identify in terms of the violations and also enables the applicant to select the appropriate options with respect to their past regulatory track record on the basis of actions of SEBI as well as the details of other ongoing proceedings, if any, as on date of filing the settlement application.
A user friendly guide video has also been included in the Settlement Calculator for the ease of understanding the process of arriving at the indicative settlement amount. The BETA version of the Settlement Calculator is available on the SEBI website from today and can be accessed from the link.
