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Circulars

Dos and don’ts relating to green debt securities to avoid occurrences of greenwashing

February 3, 2023 1335 Views 0 comment Print

Issuer of green debt securities shall ensure It shall not utilize funds raised through green bonds for purposes that would not fall under definition of ‘green debt security’ under NCS Regulations.

IRDAI revises Guidelines on issuance of FRN to Cross Border Re­insurers

February 3, 2023 1710 Views 0 comment Print

The CBRs, who meet the eligibility criteria as per the extant regulations, will qualify as ‘Eligible CBRs’. The CBRs, who do not meet the eligibility criteria, are regarded as ‘Non-Eligible CBR’;

SEBI prescribes Manner of achieving minimum public shareholding by listed entities

February 3, 2023 3768 Views 0 comment Print

A listed entity shall adopt any of the following methods in order to achieve compliance with the MPS requirements mandated under rules 19(2)(b) and 19A of the SCRR read with regulation 38 of the LODR Regulations:

Expected Loss (EL) based Rating for ratings of projects/ instruments associated with infrastructure sector

February 3, 2023 1134 Views 0 comment Print

Expected Loss (EL) based Rating Scale may be used by CRAs for ratings of projects/ instruments associated with infrastructure sector – SEBI notifies

AIFs to Undertake 10% of Secondary Market Trades in Corporate Bonds By Placing Quotes on RFQ Platform

February 1, 2023 972 Views 0 comment Print

AIFs shall undertake at least 10% of their total secondary market trades in Corporate Bonds by value in a month by placing/seeking quotes on the RFQ Platform.

EOD margin collection requirement in derivatives segments to be calculated on fixed BOD margin parameters

February 1, 2023 1764 Views 0 comment Print

SEBI decided that EOD margin collection requirement from clients, in derivatives segments (including commodity derivatives), shall also be calculated based on fixed BOD margin parameters.

Clarifications on Miscellaneous Matters relating to IRDAI Investments

January 31, 2023 996 Views 0 comment Print

At any point of time, investment in any single Mutual Fund shall not exceed 20% of the total investment in Mutual Funds (all taken together)

IRDAI permits Profit Related Commission to Non-Executive Director(s)

January 30, 2023 1899 Views 0 comment Print

Insurers are hereby permitted to pay profit related commission to non-executive director(s) including the non-executive director(s) appointed under section 48A of the Insurance Act, 1938, under the deemed approval mechanism

Bullion Trading Members and Clearing Members in IFSC

January 27, 2023 636 Views 0 comment Print

This has reference to IFSCA’s circular F.No.329/IFSCA/Bullion MIIs/2021 dated September 17, 2021 regarding the captioned subject. It has been decided to extend the 6 month period specified in paragraphs 3 and 4 of the aforementioned circular by an additional period of 6 months i.e., till July 28, 2023.

Filing of announcements in XBRL format on NEAPS platform

January 27, 2023 3894 Views 0 comment Print

National Stock Exchange of India Circular Ref No: NSE/CML/2023/11 – Date: January 27, 2023 The Company Secretary All Listed Companies Subject: Filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform. With reference to the captioned subject various circulars were issued by Exchange(s) for seeking comments/feedback from listed companies on XBRL […]

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