India

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    Enforcement

    India Tightens Scrutiny of Foreign Beneficial Ownership

    By Ajoy K Das | 28/05/2024

    India’s Registrar of Companies has already imposed penalties on executives of Microsoft and others for violating beneficial ownership disclosure norms.

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    Securities / Derivatives

    SEBI Modifies Dynamic Price Bands for Derivatives Scrips

    By Ajoy K Das | 25/05/2024

    SEBI modified a rule for adjustments to dynamic price bands for scrips in the derivatives segment.

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    India’s GIFT City Seeks Status as Global Commodity Trading Hub

    By Editors | 23/05/2024

    IFSCA has formed an expert committee to propose steps for making GIFT City a global commodity trading hub.

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    ESG / Sustainability

    SEBI Proposes Inclusion of Green Credits Under BRSR Framework

    By Ajoy K Das | 23/05/2024

    Green credits can be generated by planting trees on degraded land parcels identified by the Forest Department.

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    Securities / Derivatives

    SEBI Issues Framework for Managing Price Impact from Market Rumours

    By Ajoy K Das | 22/05/2024

    Listed entities are required to verify market rumours within 24 hours if these rumours cause a material price movement.

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    Securities / Derivatives

    SEBI Proposes to Allow Indian MFs to Invest in Overseas Funds

    By Ajoy K Das | 21/05/2024

    Regulator to allow investments in overseas funds having a maximum exposure to Indian securities of 20 percent of net assets.

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    Securities / Derivatives

    SEBI Mulls Tighter Listing Rules for Small Businesses

    By Ajoy K Das | 16/05/2024

    Regulators looking to set a minimum size threshold for public offers and to require additional disclosures from SMEs and merchant bankers.

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    Sanctions

    US Official Warns of Sanctions Over India-Iran Port Deal

    By Manesh Samtani | 15/05/2024

    US State Department’s Vedant Patel said any business deals with Iran could be subject to the potential risk of sanctions.

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    AML / KYC

    SEBI Eases KYC Norms for Mutual Fund Investors

    By Ajoy K Das | 15/05/2024

    SEBI will allow investors to obtain a ‘KYC-Registered’ status even if their PAN and Aadhaar accounts are not linked.

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    Securities / Derivatives

    SEBI to Mandate Direct Payout of Securities to Investor Accounts

    By Ajoy K Das | 14/05/2024

    SEBI has proposed a new rule that will require all securities payouts to be credited directly to investors’ demat accounts.

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