Securities and Exchange Board of India

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    Fintech / Regtech

    The Future of Investment Advice

    By Siva Ramachandran | 04/09/2023

    Policy experts from CFA Institute discuss key regulatory and technology trends that will impact how investment advice is delivered.

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    Market Infrastructure

    SEBI Proposes Formation of New Agency to Validate Performance Claims

    By Sanday Chongo Kabange | 04/09/2023

    SEBI proposes to create a new independent body that would validate performance claims made by intermediaries such as fund managers and investment advisers.

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    Enforcement

    OCCRP Report Deals Fresh Blow to India’s Adani Group

    By Mark Johnston | 03/09/2023

    The OCCRP says Adani Group breached India’s minimum public shareholding rules. SEBI is waiting for information from five foreign jurisdictions to confirm.

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