The revised position limits apply to domestic clients, NRIs, and Category II FPIs that are individuals, family offices, and corporates.
Stock exchanges may choose to offer T+1 settlement on any scrip, after providing the market advance notice of at least one month.
SEBI has clarified that asset managers should disclose scheme "risk-o-meters" in all disclosures including promotional material from 1 October.
New circular covers eligibility criteria, validation for accreditation, the procedure to avail benefits linked to accreditation, and flexibility for investors to withdraw consent.
The move will enhance access for non-resident investors and facilitate the inclusion of Indian G-secs in global bond indices.
A one-year validity period is introduced for any board approval to introduce a liquidity enhancement scheme for a security, and removes a cap on how long it can be used.
The decision is reportedly based on data security concerns following recent breaches at payment firms and non-compliance by global payment giants with India's data localisation rules.
The National Financial Reporting Authority is preparing a draft bill to propose to the government that will grant it greater financial autonomy and broader regulatory powers.
RBI governor Shaktikanta Das said the central bank is studying various aspects of a digital rupee with a view to conducting trials in December.
SEBI has established a panel of experts to look into moving from T+2 to T+1. ASIFMA says such a move will prove problematic for global investors.
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