SECURITIES AND EXCHANGE BOARD OF INDIA

AML / KYC

SEBI to Review KYC Rules for FPIs Amid Criticism from Fund Industry

By Garima Chitkara | 06/09/2018

SEBI says fund industry’s claims that new rules barring non-resident Indians from investing via the FPI route will lead to $75bn in outflows is “preposterous”, but has agreed to review the norms and provide recommendations.

Market Infrastructure

First Commodity Derivatives Clearing House Starts Operations in India

By Editors | 03/09/2018

First commodity derivatives clearing house in India, MCX Clearing Corporation, begins operations from 3 September 2018.garima

Securities / Derivatives

SEBI Concerned About AUM Concentration Among Mutual Funds

By Garima Chitkara | 27/08/2018

SEBI chairman expressed concern about the high concentration of AUM among the top mutual funds and spoke of the need for greater competition in the industry.

AML / KYC

SEBI Extends Deadline to Provide FPI Beneficial Ownership Details

By Garima Chitkara | 22/08/2018

Requirement to provide details of beneficial ownership extended to end-December, after market participants asked for a review of the FPI guidelines and more time to comply.

Market Infrastructure

Cost Not A Factor in Ensuring Cyber Security – RBI

By Garima Chitkara | 20/08/2018

Market participants should not consider cost savings when formulating cyber security measures, said RBI governor Urjit Patel while launching digital payments platform UPI 2.0.

Securities / Derivatives

SEBI Cuts Time for Listing Debt Securities in Half

By Garima Chitkara | 20/08/2018

India’s securities regulator has cut the timeline for listing debt securities from 12 to six days to streamline the issuance process and make it more cost effective.

Market Infrastructure

India to Devise Framework on Clearinghouse Interoperability

By Garima Chitkara | 14/08/2018

SEBI is working to develop a framework to allow clearinghouses to settle transactions executed on any exchange.

Market Infrastructure

NSE To Approach SEBI on Co-Location Case

By Garima Chitkara | 13/08/2018

The exchange will begin dialogue with the regulator on alleged misuse of its co-location facility; NSE chief says the exchange’s IPO is on hold until the resolution of this case.

Enforcement

Market Conduct Committee Calls for Greater Enforcement Powers for SEBI

By Garima Chitkara | 13/08/2018

A committee looking at fair market conduct has proposed greater powers for SEBI to go after insider trading, including the power to intercept phone and electronic communications.