The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.
February 24, 2023Consultation paper sets out the core responsibilities of mutual fund trustees and proposes to make the boards of AMCs more accountable.
February 16, 2023SEBI proposes to eliminate upfront fees charged to investors in AIFs, and to require mandatory dematerialisation of AIF units, among other changes.
February 12, 2023Brokers will have to implement systems and controls that can detect fraud and market abuse in the stock market.
February 10, 2023Due for implementation in Q4, the new system will apply an industry-wide common standard to investment product risk ratings to improve reliability and comparability for investors.
January 30, 2023The concerns relate to self-issued equity and derivative-linked bonds sold by securities firms, and the offering of high interest credit loans to investors.
December 29, 2022The FSS told Shinhan Bank to strengthen its fraud detection system and Woori Bank to improve its post-sale management of fund products.
December 23, 2022The FSS determined that BNK Kyongnam Bank should provide 65 to 75 percent compensation to two investors affected by the collapse of Lime Asset Management.
November 18, 2022SEBI will scrutinise firms offering algorithmic trading services that claim high returns but cannot be audited or validated.
September 27, 2022The FSS sought to reprimand Sohn Tae-seung, but two courts have now ruled in favour of the Woori Financial Group chairman and CEO.
August 4, 2022