Securities and Exchange Board of India

Trading & Investment

India Withdraws FPI Tax Surcharge Amid Foreign Pressure

By Editors | 26/08/2019

The surcharge, introduced last month, increased capital gains tax on foreign trusts investing in India to over 40%, prompting the stock market’s worst July in 17 years.

Structural Regulation

SEBI Eases Requirements for FPI Registration

By Editors | 23/08/2019

SEBI has consolidated 57 circulars and 183 FAQs issued over the years into a single circular for FPIs, easing several requirements in the process.

Credit Risk

SEBI to Force Borrowers to Disclose Defaults to CRAs

By Editors | 23/08/2019

The move follows a spate of defaults in India where credit rating agencies were blamed for being unable to flag potential credit risks.

Market Abuse

SEBI Targets Insider Trading with Informant Reward Mechanism

By Editors | 22/08/2019

Whistleblowers will be eligible for rewards up to $139,000 and, if culpable themselves, for amnesty or settlement with SEBI.

Trading & Investment

SEBI Proposal Stricter Rules for Portfolio Managers

By Editors | 06/08/2019

SEBI proposes a higher net worth requirement, a higher minimum investment, and standardised performance reporting for portfolio managers, among other changes.

Trading & Investment

SEBI Seeks Uniform Penalties Framework for Margin Reporting Failures

By Editors | 03/08/2019

Fines charged to members for misreporting or non-reporting of margins collected from clients may extend to 100% of the incorrectly or nonreported amount.

Clearing & Post-Trade

SEBI Grants QCCP Status to MCX Clearing Corporation

By Editors | 01/08/2019

SEBI has granted qualifying central counterparty status to Multi Commodity Exchange Clearing Corporation.

Data Privacy

India Enables Consent-Based Financial Data Sharing

By Manesh Samtani | 26/07/2019

Four years of collaboration between India’s major financial regulators has resulted in a new platform that enables financial services providers to share data with other institutions based explicitly on user consent.

Fraud, Scams & Cybercrime

SEBI Proposes Additional Requirements for Resigning Auditors

By Editors | 22/07/2019

Under the proposal, auditors will be required to finalise their audit reports and make detailed disclosures regarding their reasons for resignation from listed companies.