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Securities / Derivatives
RBI, SEBI Mull Exemptions on New AIF Investment Rules
By Ajoy K Das | 23/01/2024
Exemptions from rules issued in December are being sought by lenders and funds for AIFs that are set up specifically to invest in distressed assets.

Securities / Derivatives
SEBI Plans Comprehensive Stress Tests for Equity Funds
By Ajoy K Das | 23/01/2024
Initial stress test data was found unsatisfactory. More stress tests are being planned especially for MF schemes with exposures to small and mid-cap stocks.

Fintech / Regtech
SEBI to Start Using GenAI to Assess IPO Applications – Report
By Editors | 22/01/2024
SEBI chairperson Madhabi Puri Buch reportedly set up a task force and asked every department head to explore GenAI use cases.

Market Infrastructure
India’s Proposal for T+0 Settlement Will Fragment Market: ASIFMA
By Editors | 18/01/2024
ASIFMA suggests that SEBI wait to see the impact from the US move to T+1 settlement before proceeding to a shorter settlement cycle in India.

AML / KYC
SEBI Modifies Rules for Foreign Investments in AIFs
By Ajoy K Das | 15/01/2024
SEBI updates threshold for determining beneficial ownership, extends mandatory custodian and dematerialisation requirements to reduce money laundering risks.

Securities / Derivatives
SEBI Proposes to Ease Fundraising Rules for Listed Companies
By Ajoy K Das | 15/01/2024
SEBI proposes to allow certain public investors to contribute towards MPS without being classified as promoter

Securities / Derivatives
SEBI Tightens Rules for Disclosing Short Selling Trades
By Ajoy K Das | 07/01/2024
Institutional investors must disclose short selling transactions upfront. Individual investors must disclose the same at the end of each trading day.

Market Infrastructure
India Launches UPI Block Facility for Stock Market Trades
By Editors | 04/01/2024
Investors can block funds in their bank accounts for secondary market stock trades rather than transfer them to brokers upfront.

Securities / Derivatives
SEBI Proposes Material Price Movement for Rumour Verification
By Nithya Subramanian | 29/12/2023
It has proposed that instead of material events, rumour verification of material price movement should be done within 24 hours.

Securities / Derivatives
SEBI Consults on Introducing Same Day Settlement of Equity Trades
By Ajoy K Das | 26/12/2023
The consultation paper proposes that T+0 settlement would be optional alongside the existing T+1 settlement system.
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