India

Securities / Derivatives

SEBI to Scale Back Launch of Optional T+0 Settlement Cycle

By Ajoy K Das | 18/03/2024

SEBI said the “beta version” of the optional T+0 settlement system has been approved by its board, but only for a “limited set of 25 scrips” and “with a limited set of brokers”.

Securities / Derivatives

SEBI Exempts Certain FPIs from Additional Disclosure Requirements

By Ajoy K Das | 16/03/2024

SEBI also approved two other proposals, one to relax the timelines for disclosures of material changes, and the other to allow FPIs to reactivate an expired registration.

Securities / Derivatives

India: Five PSBs Required to Dilute Government Stake by August

By Ajoy K Das | 15/03/2024

Out of 12 public sector banks, five have not yet complied with India’s minimum public float requirements, which is required by August 2024.

Enforcement

RBI Seeks Information from Banks on Gold Loan Frauds

By Ajoy K Das | 15/03/2024

RBI asked banks to review their gold lending processes after some banks were found to have manipulated the system to meet gold loan targets.

Securities / Derivatives

SEBI Flags Manipulation, Bubble Risks in SME Segment

By Ajoy K Das | 15/03/2024

SEBI is working to introduce more disclosures for SME listings and seeking stress test results from fund managers in the segment.

Securities / Derivatives

New Regulatory Framework for Index Providers Takes Effect in India

By Ajoy K Das | 14/03/2024

Index providers that administer significant indices consisting of India-listed securities for use in the Indian market have six months to register.

Securities / Derivatives

SEBI to Require More Stock Brokers to Meet Enhanced Obligations

By Ajoy K Das | 14/03/2024

SEBI is expanding the ‘Qualified Stock Brokers’ framework introduced last year to capture more brokers under “enhanced obligations”.

Securities / Derivatives

SEBI Issues New Rules for Small and Medium REITs

By Ajoy K Das | 12/03/2024

SM REITs schemes may raise funds from Indian as well as foreign investors and use them to acquire and manage real estate assets.

AML / KYC

SEBI’s FPI Disclosure Rules Create Anxiety for Foreign Funds

By Editors | 12/03/2024

Requirements for FPIs to disclose information about their investors present legal, regulatory and practical challenges for foreign funds.