SECURITIES AND EXCHANGE BOARD OF INDIA

Securities / Derivatives

SEBI Issues Guidelines for CRAs on Issuing Provisional Ratings

By Editors | 01/05/2021

Credit rating agencies cannot assign a rating, including provisional decisions, to an issuer or client evaluating strategic decisions.

Enforcement

SEBI Fines Yes Bank, Three Others for Mis-selling AT1 Bonds

By Editors | 13/04/2021

SEBI says Yes Bank misled individual investors into buying risky AT1 bonds and did not inform them of the risks involved or conduct risk profiling.

ESG / Sustainability

SEBI Approves Listing Rule Changes, New ESG Reporting Requirements

By Editors | 02/04/2021

The new reporting requirements set the stage for taking a leap for better disclosures in the ESG space in India, SEBI said.

Capital / Liquidity

SEBI Requires Intermediaries to Seek Approval for Change in Control

By Editors | 29/03/2021

Under the new guidelines, transfer of shareholding among immediate relatives shall not result into change in control for unlisted body […]

Securities / Derivatives

SEBI Relaxes Valuation Rules For AT1 Bonds

By Ranamita Chakraborty | 29/03/2021

Under revised regulations, the deemed residual maturity of perpetual or AT1 bonds would remain 10 years until 31 March 2022.

Market Infrastructure

SEBI Issues Guidelines for MIIs on Handling Disruptions

By Sanday Chongo Kabange | 24/03/2021

The new guidelines follow last month’s trading halt at the NSE. The exchange has submitted a root cause analysis to SEBI.

AML / KYC

SEBI Rolls Out KYC Registry Extension to Legal Entities

By Editors | 13/03/2021

Regulated entities are directed to upload KYC data for accounts of legal entities to the Central KYC Registry.

AML / KYC

SEBI Updates Rules on UCC, PAN Use in Commodity Derivatives

By Sanday Chongo Kabange | 09/03/2021

Execution of commodity derivatives trades will be prohibited without an upload of clients’ UCC details, which should be accompanied by the PAN or e-PAN.

Enforcement

SEBI Directs MIIs to Establish Controls to Prevent Market Abuse

By Editors | 08/03/2021

Stock exchanges, clearing corporations and depositories are asked to establish a code of conduct and institutional mechanism to prevent fraud and market abuse.