Clipped from: https://www.business-standard.com/article/markets/sebi-warns-investors-against-unregulated-platforms-offering-algo-trading-122061000769_1.html “These platforms are unregulated and thus there is no investor grievance redressal mechanism covering their activities,” Sebi said. File photo: PTI Capital markets regulator Sebi on Friday
Category: IBC-SEBI
*SEBI tells MFs to report cyber breach incident within six hours – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-tells-mfs-to-report-cyber-breach-incident-within-six-hours/article65510697.ece Mandates audit by authorised external agency and compliance report from MD and CEO Market regulator SEBI has tightened the cyber security framework for
Corporate insolvency: IBBI proposes model fee structure for insolvency professionals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/corporate-insolvency-ibbi-proposes-model-fee-structure-for-insolvency-professionals/article65511459.ece Regulator issues discussion paper on remuneration of an IP; model fee structure comprises fixed minimum fees and performance-linked incentive In an apparent bid
*Freak trades in derivatives segment worry traders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/freak-trades-in-derivatives-segment-worries-markets/article65507793.ece Rising incidents of likely freak trades on the National Stock Exchange (NSE) are worrying brokers and traders. On Tuesday, yet another unusual trade
SEBI flags concerns over regulation of cryptos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sebi-flags-concerns-over-regulation-of-cryptos/article65500608.ece Consumer protection and enforcement of any regulatory regime over crypto assets would be challenging due to the decentralised nature of cryptos The Securities
*****Crisil in talks with SEBI on rising cases of ‘issuer non-cooperating’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/crisil-in-talks-with-sebi-on-rising-cases-of-issuer-non-cooperating/article65496985.ece Crisil is in talks with market regulator SEBI to address concerns arising out of the rising number of companies being rated as ‘issuer
*****‘Fat finger’ trade: Payout could be delayed as NSE ‘examines’ issue – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/nse-fat-finger-trade-payout-to-those-who-profited-likely-to-be-delayed/article65494589.ece The payout of ₹100-150 crore, in the matter involving a recent ‘fat finger’ trade in the derivatives segment of the National Stock Exchange
*****Sebi strengthen investor grievance redressal mechanism | The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-strengthen-investor-grievance-redressal-mechanism/2547982/ The new mechanism will come into effect from July 1, the Securities and Exchange Board of India (Sebi) said in a circular. The
*****Streamline insolvency resolution with code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/streamline-insolvency-resolution-with-code/articleshow/91970328.cms Synopsis A more balanced committee of creditors that includes operational creditors, giving voting rights in proportion to their due amounts, is needed. There
Sebi fines Rs 10.25 crore on Commex Technology in GDR manipulation case | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-fines-rs-10-25-crore-on-commex-technology-in-gdr-manipulation-case-122053101413_1.html It was observed that Commex had issued 19,06,790 GDRs raising USD 9.99 million in May 2009 and the entire GDR were subscribed by
*****Sebi’s SOP to resolve dispute under stock exchange arbitration mechanism | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-s-sop-to-resolve-dispute-under-stock-exchange-arbitration-mechanism-122053100693_1.html Sebi has come out with a SOP for dispute resolution under the stock exchange arbitration mechanism for disputes Photo: Shutterstock Capital markets regulator Sebi has come out
SEBI issues SOP for dispute resolution under stock exchange arbitration mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-issues-sop-for-dispute-resolution-under-stock-exchange-arbitration-mechanism/article65479604.ece The new SOP will be applicable to listed companies or RTAs offering services on behalf of listed companies Capital markets regulator SEBI has
*****IPO: No money? No bid: Sebi tightens IPO rules to ensure genuine bids – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/no-money-no-bid-sebi-tightens-ipo-rules-to-ensure-genuine-bids/articleshow/91902089.cms Synopsis The regulator is learnt to have found out that some large institutional investors and high net worth individuals were putting in bids
*****IBC regime: NCLAT directs MCA, IBBI to amend statutory claims rule | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ibc-regime-nclat-directs-mca-ibbi-to-amend-statutory-claims-rule-122053001569_1.html The directive comes after observing gaps in the current IBC regime that deals with statutory claims The RP contended that provident funds are
*Insolvency cases: FinMin rolls out mechanism to cut delays in filing of claims by GST, Customs authorities – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/insolvency-cases-finmin-rolls-out-mechanism-to-cut-delays-in-filing-of-claims-by-gst-customs-authorities/article65476096.ece New SOP to curb time bar in filing GST claims, to prevent revenue leakage running into lakhs of crore, say legal experts The
*****How to leverage the demat revolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-leverage-the-demat-revolution/article65475781.ece The large group of new demat account-holders should be facilitated to invest in all types of financial assets — not just in equities
*****SEBI mandates cyber security audit for KRAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/sebi-mandates-cyber-security-audit-for-kras/article65476529.ece KYC Registration Agencies should conduct a comprehensive cyber audit at least twice in a fiscal year As per a mandate by SEBI, the KYC
IBC: There’s a need to bring necessary balance in the CoC’s composition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/ibc-theres-a-need-to-bring-necessary-balance-in-the-cocs-composition/articleshow/91875278.cms Synopsis In the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon
*****Sebi tweaks SOP in case of defaults by trading, clearing members | The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/2540290/ The TM is required to be instructed to pay small investors out of available funds and own resources (movable and immovable) under the
Clear up the ratings confusion, SEBI, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/clear-up-the-ratings-confusion-sebi-rbi/articleshow/91842467.cms Synopsis A credit rating is an expression of an opinion in a standardised form. And the rating assigned to a given debt shows