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Circulars

e-NPS Govt offers ease & convenience in account opening for NPS Subscribers

November 30, 2022 768 Views 0 comment Print

e-NPS Govt provides the opportunity for the employees of Government Sector and empowers them to open NPS Acct with ease and lot of convenience in a paperless mode.

Introduction of credit risk based single issuer limit for investment by mutual fund schemes

November 29, 2022 1116 Views 0 comment Print

Mutual fund scheme shall not invest more than 10% of its NAV in debt instruments, issued by a single issuer, comprising money market securities and non-money market securities rated investment grade or above by a Credit Rating Agency (CRA).

Integration of ICEGATE with AQCS-ICS effective 01.12.2022

November 28, 2022 2589 Views 0 comment Print

Under SWIFT, the FSSAI and PQ are connected through online message exchange with their own systems, while the remaining four PGAs use ICES for providing online NoC. Further, vide Circular No. 01/2017-Cus dated 04.01.2017, the facility for automatic routing of Bills of Entry (BOEs) of WCCB for NoC in exports in SWIFT was introduced.

SEBI: Procedure for seeking prior approval for change in control

November 28, 2022 2238 Views 0 comment Print

In case the incumbent is a registered stock broker, clearing member, depository participant, in addition to the above, it shall obtain approval /NOC from all the stock exchanges/clearing corporations/depositories, where the incumbent is a member/depository participant and submit self-attested copy of the same to SEBI.

Timelines for transfer of dividend and redemption proceeds to unitholders

November 25, 2022 1449 Views 0 comment Print

The payment of dividend to the unitholders shall be made within seven working days from the record date. The transfer of redemption or repurchase proceeds to the unitholders shall be made within three working days from the date of redemption or repurchase.

Extension of timelines for implementation of SEBI circulars

November 25, 2022 552 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/DoP/P/CIR/2022/162 Dated November 25, 2022 To, All Depositories All recognized Stock Exchanges and Clearing Corporations Madam / Sir, Sub: Extension of timelines for implementation of SEBI circulars SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/137 and SEBI/HO/MIRSD/ DoP/P/CIR/2022/119 1. SEBI had issued circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/137 dated October 06, 2022 on “Execution of ‘Demat Debit and Pledge […]

Framework to address ‘technical glitches’ in Stock Brokers’ Electronic Trading Systems

November 25, 2022 2298 Views 1 comment Print

Rapid technological developments have increased the ease of electronic trading in securities markets. Technology related interruptions and glitches (technical glitches) and their impact on the investors’ opportunity to trade constitutes major technology related risk.

Disclosures & compliance requirements for Issuance & Listing of Municipal Debt Securities -Green debt security

November 24, 2022 948 Views 0 comment Print

Disclosures and compliance requirements for Issuance and Listing of Municipal  Debt Securities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015, which fall within the definition of green debt security

Reporting of trades in non-convertible securities under SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021

November 24, 2022 1158 Views 0 comment Print

It is observed that information on OTC trades in listed Non-convertible Securities provided to the Stock Exchange(s) by the investors is incomplete and/ or inaccurate.

Payment of fees to Insolvency and Bankruptcy Board of India (IBBI/ Board)

November 24, 2022 5427 Views 0 comment Print

IBBI recently amended its following regulations, vide which it has effected revision of existing fee structure along with relevant forms, applicable to Insolvency professionals (IPs) and Insolvency Professional Entities (IPEs) and has also introduced regulatory fee

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