SECURITIES AND EXCHANGE BOARD OF INDIA

    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.

    Securities / Derivatives

    SEBI Permits Mutual Funds to Trade Commodity Derivatives

    By Editors | 23/05/2019

    Mutual funds will be allowed to trade exchange-traded commodity derivatives, but cannot invest in physical goods, except through gold ETFs.

    Fintech / Regtech

    SEBI Publishes Capital Markets Sandbox Framework

    By Editors | 22/05/2019

    SEBI’s sandbox framework for capital markets innovation comes just weeks after the RBI released its own sandbox framework for banking and payment services.

    Enforcement

    NSE India Fines 250 Listed Companies

    By Editors | 17/05/2019

    India’s National Stock Exchange has fined 250 firms for non-compliance with its listing obligations and disclosure requirements.

    Market Infrastructure

    ESMA Recognises India ICC as Third Country CCP

    By Editors | 15/05/2019

    The recognition gives India ICC QCCP status across the European Union. QCCP members are subjected to lower capital requirements/charges under Basel III.

    Fintech / Regtech

    SEBI Directs Mutual Funds to Report on AI, ML Use

    By Editors | 10/05/2019

    Mutual funds will have to report on their use of AI and ML to facilitate investing, trading, dissemination of investment strategies and advice, compliance, operations and other activities.

    Securities / Derivatives

    AFMI Issues Guidelines for Funds on Debt Write-Offs, Haircuts

    By Editors | 07/05/2019

    The Association of Mutual Funds in India has issued new guidelines on how fund managers should write down debt and take haircuts for sub-investment grade securities.

    Enforcement

    Temporary Relief to NSE Directors, Brokerages in Algo Case

    By Editors | 07/05/2019

    Three brokerages facing market bans had asked for a temporary stay to close out open futures and options positions.

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