Securities and Exchange Board of India

Market Infrastructure

SEBI Enhances Regulatory Obligations for Important Stock Brokers

By Editors | 14/02/2023

SEBI will designate certain stockbrokers as ‘qualified stock brokers’ and require them to meet enhanced obligations and responsibilities.

Enforcement

SEBI Confirms Adani Probe, DBS Explains Exposures

By Manesh Samtani | 14/02/2023

SEBI enquiring into the Hindenburg allegations as well as market activity for regulatory violations. DBS has exposures to Adani Group worth S$1.3bn.

Securities / Derivatives

SEBI Proposes Slew of Rule Changes for Alternative Investment Funds

By Editors | 12/02/2023

SEBI proposes to eliminate upfront fees charged to investors in AIFs, and to require mandatory dematerialisation of AIF units, among other changes.

Securities / Derivatives

SEBI Loosens Rules on Meeting Minimum Public Float Requirement

By Editors | 11/02/2023

Listed companies are allowed to increase public float through the exercise of options, the allotment of shares under an ESOP, and by selling promoter shares to an ETF.

Fintech / Regtech

SEBI to Require Brokers to Implement Trade Surveillance

By Mark Johnston | 09/02/2023

Brokers will have to implement systems and controls that can detect fraud and market abuse in the stock market.

ESG / Sustainability

SEBI Enhances Framework for Green Debt Securities

By Editors | 08/02/2023

Blue bonds, yellow bonds, and transition bonds are added. Disclosure requirements are enhanced. Independent third-party reviewers must be appointed.

AML / KYC

SEBI Directs Banks to Identify Beneficial Owners of All FPI Clients

By Editors | 08/02/2023

FPIs will lose their registration in India if updated beneficial ownership information is not obtained by 30 September 2023.

Securities / Derivatives

SEBI Proposes to Prevent Brokers from Holding Client Funds Overnight

By Editors | 07/02/2023

SEBI proposes to require trading and clearing members to move all client funds to clearing corporations at the end of each trading day to prevent broker misuse.

Securities / Derivatives

SEBI Proposes to Allow REITs, InvITs to Issue Depositary Receipts

By Editors | 06/02/2023

SEBI says the move will enable greater participation by foreign investors in domestic REITs and InvITs.