Securities and Exchange Board of India

Securities / Derivatives

SEBI Allows Debt Funds to Increase Exposure to G-Secs

By Editors | 23/05/2020

The flexibility has been granted for three months to ensure adequate liquidity in corporate bond funds, banking & PSU debt funds, and credit risk funds.

Securities / Derivatives

SEBI Provides Exit Route for Franklin Templeton Investors

By Editors | 21/05/2020

Franklin Templeton will be allowed to list units of its six shuttered mutual funds on stock exchanges, providing an alternate exit route to investors whose money is trapped.

Securities / Derivatives

India to Allow Private Companies to List on Foreign Exchanges

By Editors | 19/05/2020

Private companies will be able to list in ‘permissible jurisdictions’ – likely to include the US, China, Japan, South Korea, the UK, Hong Kong, France, Germany, Canada and Switzerland.

Securities / Derivatives

SEBI Relaxes Public Shareholding Requirement for Listed Entities

By Editors | 16/05/2020

The move will mean promoters with more than 75% shareholding in a listed company will not have to divest their holdings while the current challenging environment persists.

AML / KYC

SEBI Names Entities That Can Authenticate Aadhaar for e-KYC

By Editors | 13/05/2020

Intermediaries and mutual fund distributors that want to use Aadhaar authentication services for e-KYC are required to enter into an agreement with one of the eight entities named.

Securities / Derivatives

SEBI Defends Rules Limiting Mutual Fund Investment in Unlisted Debt

By Editors | 09/05/2020

SEBI was responding to recent comments by Franklin Templeton’s president, which appeared to in part blame the rules for the closure of six India funds.

Enforcement

SEBI Initiates Probe into Franklin Templeton Fund Closures

By Editors | 06/05/2020

SEBI is reported looking to determine whether the firm violated rules, breached its fiduciary duty, or failed to act in investors’ best interests.

Securities / Derivatives

SEBI Defers New Risk Management Norms for Mutual Funds

By Editors | 01/05/2020

Mutual funds now have until 30 June to comply with new norms on liquid assets, sector exposures, and money market and debt securities valuations.

Securities / Derivatives

SEBI Extends Mutual Fund Deadlines for Lowering Unlisted Debt Holdings

By Editors | 30/04/2020

Mutual funds will now have until 30 September to reduce their holdings of unlisted non-covertible debentures to 15% of assets, and until 31 December to reduce it to 10%.