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Securities / Derivatives
SEBI Tightens Rules on Handling of Client Securities
By Editors | 21/06/2019
SEBI has issued new rules governing the management and disposal of client securities held by trading and clearing members.
Securities / Derivatives
SEBI Allows Exchanges to Introduce Commodity Index Futures
By Editors | 19/06/2019
Following an earlier consultation paper, SEBI has approved the trading of commodity index futures on relevant local exchanges.
Market Infrastructure
SEBI Issues Stricter Disclosure Norms for Ratings Agencies
By Editors | 17/06/2019
Enhanced disclosure guidelines will require rating agencies to disclose default probabilities, factors that can impact ratings, and issuers’ liquidity positions.
Enforcement
SEBI Proposes Informant Mechanism to Combat Insider Trading
By Editors | 11/06/2019
SEBI wants to institute a process that incentivises timely reporting of instances of insider trading and provides for the granting of rewards to whistleblowers.
Capital / Liquidity
SEBI Mulls Liquidity Buffer Requirement for Funds
By Editors | 08/06/2019
The proposal could require all liquid funds to invest a fixed portion of their assets in government securities or other sovereign debt.
Market Infrastructure
BSE India, ICCL Implement CCP Interoperability Framework
By Editors | 04/06/2019
BSE India and its subsidiary ICCL have gone live with the clearing corporation interoperability framework, despite a one month extension being announced.
Market Infrastructure
India Delays CCP Interoperability Framework
By Editors | 31/05/2019
Trading members have been given one more month to develop processes that allow them to choose to clear and settle trades in other clearing corporations.
Fintech / Regtech
SEBI Floats Discussion Paper on Sandbox for Regulated Entities
By Editors | 30/05/2019
Under the proposed framework, entities regulated by SEBI will be granted certain facilities and flexibilities to experiment with innovative solutions in a live environment and on real customers.
Securities / Derivatives
SEBI Issues Disclosure Guidelines for Listed Debt Securities
By Editors | 29/05/2019
SEBI requires debenture trustees to continuously disclose the status of interest and redemption payments, meaning that any default or delay of payment will be disclosed within a day of the due date.
Securities / Derivatives
India Opens Voluntary Retention Route for FPIs
By Editors | 28/05/2019
The revised VRR scheme is open for allotment as of 27 May, allowing FPIs to invest in government securities and corporate debt up to an aggregate limit of $7.8bn.
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