Clipped from: https://www.financialexpress.com/money/your-money-do-we-need-to-worry-about-fat-finger-trade/2565762/ Even though fat finger mistakes create chaos in the market within a fraction of seconds, the market and the market players are resilient
Category: IBC-SEBI
IBBI proposes 0.25 per cent ‘regulation fee’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/ibbi-proposes-025-per-cent-regulation-fee/article65583655.ece Move will escalate the cost of resolution, reduce recoveries for creditors: Experts Insolvency regulator IBBI proposes to levy a “regulation fee” of 0.25
IBC can’t help an ICU case | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ibc-cant-help-an-icu-case/2574549/ A delay in referring a corporate debtor to IBC can be near fatal for successful resolution. Another issue attracting adverse public opinion is
Sebi can’t initiate proceedings against companies under IBC, says panel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sebi-cant-initiate-proceedings-against-companies-under-ibc-says-panel/articleshow/92396507.cms Synopsis In its report to the government, the committee opined that any exemptions on moratorium could hinder the IBC process. Under the law,
*IBC framework needs a booster dose; debt resolutions slacken in two years | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/ibc-framework-needs-a-booster-dose-debt-resolutions-slacken-in-two-years-122061200903_1.html According to the statistics by the Insolvency and Bankruptcy Board of India, since the provisions of IBC came into force in December 2016,
*****Holding her own: Madhabi Puri Buch completes 100 days as Sebi chairperson | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/holding-her-own-madhabi-puri-buch-completes-100-days-as-sebi-chairperson-122061000385_1.html Industry players credit Sebi’s first woman chairperson with putting special emphasis on cyber security, use of tech and data – areas where Sebi
IBBI draft papers to improve insolvency resolution likely out this month | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ibbi-draft-papers-to-improve-insolvency-resolution-likely-out-this-month-122061001157_1.html The pandemic-induced slowdown has caused inordinate delays in the resolution process, which also impacted the potential investors’ plan to acquire stressed assets in
*Sebi warns investors against unregulated platforms offering algo trading | Business Standard News
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
*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