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Securities / Derivatives
SEBI to Require Central Storage of IPO Due Diligence Documents
By Editors | 08/12/2024
SEBI said the stock exchanges have set up a platform which merchant banks must use to store their IPO due diligence documents.

Enforcement
SEBI Disposes of Proceedings Against Brickwork Ratings
By Editors | 07/12/2024
The settlement order requires Brickwork Ratings to pay a penalty. SEBI had previously cancelled the CRA’s licence but its order was overturned on appeal.

Securities / Derivatives
SEBI to Make Stock Exchanges Interoperable to Guard Against Outages
By Editors | 02/12/2024
The NSE and BSE will act as alternative trading venues for each other when a technical glitch or outage occurs at either exchange.

Enforcement
US Charges Against Gautam Adani Have Had Extensive Impacts
By Manesh Samtani | 27/11/2024
Opposition parties demand parliamentary probe; Kenya cancels deals; Sri Lanka opens investigation; Global banks halting credit.

Securities / Derivatives
SEBI Mandates Mark-to-Market Valuation for Mutual Fund Repo Transactions
By Editors | 27/11/2024
Mutual fund investments in repo transactions with tenors up to 30 days shall be valued on a mark-to-market basis.

Securities / Derivatives
SEBI Proposes to Diversify Ownership of Clearing Corporations
By Editors | 26/11/2024
SEBI proposes two options to diversify ownership of clearing corporations to allow them to operate as public utilities free from commercial, profit-making considerations.

Securities / Derivatives
SEBI Abolishes Mandatory Security Deposit for Public Issues
By Mark Johnston | 26/11/2024
SEBI has removed the mandatory one percent security deposit for public issues, aiming to simplify business operations.

Fintech / Regtech
SEBI Proposes Reforms to Make Firms Responsible for AI Use
By Nithya Subramanian | 19/11/2024
SEBI is proposing amendments that will make MIIs, intermediaries and other regulated entities accountable for their use of AI/ML tools.

AML / KYC
SEBI Simplifies Registration Process for Certain FPI Applicants
By Nithya Subramanian | 18/11/2024
Eligible FPIs can submit an abridged application form, reducing duplication and streamlining the registration process.

AML / KYC
GLEIF Opens Mumbai Office to Support LEI Adoption in India
By Editors | 25/10/2024
The new office will help GLEIF build closer engagement with the market to ease and support LEI adoption, while also spreading awareness of the vLEI.
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