Securities and Exchange Board of India

Market Infrastructure

NSE India Wins Final Approval to Launch Social Stock Exchange

By Editors | 27/02/2023

NSE said the social stock exchange would provide a new avenue for social enterprises to finance social initiatives.

Securities / Derivatives

SEBI Proposes New Rules to Protect REIT, InvIT Investors

By Editors | 24/02/2023

SEBI proposes to require at least one sponsor to hold units throughout the life of a REIT/InvITs, to align their interests with other unitholders.

ESG / Sustainability

SEBI Consults on Regulatory Framework for ESG Disclosures, Ratings

By Manesh Samtani | 24/02/2023

The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.

Capital / Liquidity

India to Establish Backstop Fund for Corporate Debt Market

By Editors | 19/02/2023

SBI Mutual Fund will administer the $4bn fund, which will be 90% funded by the government and 10% by asset managers.

Securities / Derivatives

SEBI Proposes Stronger Protections for Mutual Fund Investors

By Sanday Chongo Kabange | 16/02/2023

Consultation paper sets out the core responsibilities of mutual fund trustees and proposes to make the boards of AMCs more accountable.

Market Infrastructure

SEBI Enhances Regulatory Obligations for Important Stock Brokers

By Editors | 14/02/2023

SEBI will designate certain stockbrokers as ‘qualified stock brokers’ and require them to meet enhanced obligations and responsibilities.

Enforcement

SEBI Confirms Adani Probe, DBS Explains Exposures

By Manesh Samtani | 14/02/2023

SEBI enquiring into the Hindenburg allegations as well as market activity for regulatory violations. DBS has exposures to Adani Group worth S$1.3bn.

Securities / Derivatives

SEBI Proposes Slew of Rule Changes for Alternative Investment Funds

By Editors | 12/02/2023

SEBI proposes to eliminate upfront fees charged to investors in AIFs, and to require mandatory dematerialisation of AIF units, among other changes.

Securities / Derivatives

SEBI Loosens Rules on Meeting Minimum Public Float Requirement

By Editors | 11/02/2023

Listed companies are allowed to increase public float through the exercise of options, the allotment of shares under an ESOP, and by selling promoter shares to an ETF.