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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.

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.

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.

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.

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.

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.

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.

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.

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.

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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