Securities and Exchange Board of India

KYC & CDD

SEBI Changes Course on Foreign Investor KYC Requirements

By Garima Chitkara | 11/09/2018

SEBI may be going back on new rules restricting non-resident Indians and persons of Indian origin from investing in India via the FPI route.

KYC & CDD

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.

Clearing & Post-Trade

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

Structural Regulation

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.

KYC & CDD

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.

Cybersecurity

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.

Trading & Investment

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.

Clearing & Post-Trade

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 Abuse

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.