SECURITIES AND EXCHANGE BOARD OF INDIA

Securities / Derivatives

SEBI Overhauls Quarterly Reports for Alternative Investment Funds

By Mark Johnston | 15/09/2023

The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.

Securities / Derivatives

SEBI Allows REIT, InvIT Unitholders to Nominate Board Members

By Editors | 13/09/2023

REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.

Enforcement

SEBI Orders Brickwork Ratings to Revamp Board, Rating Process

By Mark Johnston | 13/09/2023

SEBI initially tried to cancel Brickwork’s credit rating agency licence but the order was quashed on appeal and SEBI was directed to issue a fresh order.

Securities / Derivatives

NSE India Granted Approval for Crude Oil, NatGas Options

By Editors | 12/09/2023

NSE India already launched rupee-denominated WTI crude oil and natural gas futures contracts in May 2023. The new options contracts will launch on 23 October.

SEBI Asks AIF Industry to Develop Governance Code

By Mark Johnston | 07/09/2023

The code would aim to address issues such as conflicted transactions, disclosure standards, valuation practices, and interpretation of regulations.

Fintech / Regtech

SEBI Developing AI Tool to Detect Fund Mis-selling

By Editors | 07/09/2023

The AI tool will be able to detect misselling that may go unnoticed using “rule-based supervision”, said SEBI chairperson Madhabi Puri Buch.

Securities / Derivatives

SEBI Creates New ‘Abridged Prospectus’ Format for Debt Issuance

By Editors | 06/09/2023

The new format will further simplify and provide greater clarity and consistency in the disclosures by debt issuers, SEBI said.

Fintech / Regtech

SEBI Plans to Move to One-Hour Stock Settlement Cycle

By Editors | 06/09/2023

India just completed a move from T+2 to T+1 settlement in January. Reportedly, implementation of one-hour settlement is likely by March 2024.

Securities / Derivatives

Indian REITs Form Industry Body to Promote Industry Growth

By Mark Johnston | 05/09/2023

Four listed REITs have established a new association to advance the growth and development of the REITs sector.