ADVERTISEMENT
Enforcement
Indian Police Arrest Karvy Stock Broking Founder for Fraud
By Editors | 25/08/2021
The case dates back to 2019, when the brokerage was found to have pledged client securities at banks to secure loans for use as working capital.
Fintech / Regtech
Depositories to Develop Platform for Monitoring Security Creation: SEBI
By Editors | 18/08/2021
SEBI is asking issuers, debenture trustees, and credit rating agencies to carry out necessary changes to ensure readiness to use the new DLT-based platform.
Securities / Derivatives
SEBI Creates Panel to Explore Move to T+1 Settlement – Report
By Sanday Chongo Kabange | 16/08/2021
A reduction to T+1 is expected to increase market liquidity and trading turnover, while also reducing settlement risk and broker defaults.
Securities / Derivatives
SEBI Combines Debt Securities Rules Into Single Regulation
By Ranamita Chakraborty | 15/08/2021
New operational guidelines cover non-convertible securities, securitised debt instruments, security receipts, municipal debt securities and commercial papers.
Securities / Derivatives
SEBI Mulls Measures to Enhance Corporate Bond Market
By Ranamita Chakraborty | 13/08/2021
SEBI is considering introducing a market maker programme and a backstop facility to improve liquidity in the corporate bond market, among other measures.
Securities / Derivatives
SEBI Eases Lock-in Period for Promoters, Pre-IPO Investors
By Sanday Chongo Kabange | 11/08/2021
The lock-in period for promoters will be eased from 36 to 18 months. For pre-IPO investors, the lock-in will be reduced from 12 to 6 months.
Securities / Derivatives
Indian Startups Call on Govt to Allow Direct Overseas Listings
By Ranamita Chakraborty | 10/08/2021
Concerns that direct overseas listings will hurt the domestic market are unfounded, local startups said in a letter to the prime minister.
SEBI Allows Payments Banks to Perform Investment Bank Activities
By Ranamita Chakraborty | 10/08/2021
Payments banks will be able to accept application money, allotment or call money, and make payments of dividend or interest warrants.
AML / KYC
SEBI Allows Indian Fund Managers to Participate in FPIs
By Editors | 07/08/2021
KYC norms that required FPIs and institutional investors to disclose their personal information to SEBI have also been relaxed.
Securities / Derivatives
Intra-day NAV is Applicable for ETF Transactions: SEBI
By Ranamita Chakraborty | 06/08/2021
The mutual fund industry told SEBI the closing NAV may “not be relevant” for direct transactions in ETF units with large investors.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.