Page 38 - Latest Updates on SEBI
Sebi enforces amendments to empower independent directors
The development is significant as the role of independent directors coming under scrutiny for their failure in detecting and preventing corporate frauds and promoter mismanagement.
 "Sebi enforces amendments to empower independent directors")
Sebi probed 94 new cases for flouting securities law in FY21
As many as 94 fresh cases pertaining to flouting of securities norms were taken up for investigation by Sebi in 2020-21, a decline of 42 per cent from preceding financial year, as per latest report.
 "Sebi probed 94 new cases for flouting securities law in FY21")
Top headlines: Retail rush for 4 IPOs, lenders worried over RIL-Future deal
Business Standard brings you top headlines this morning
 "Top headlines: Retail rush for 4 IPOs, lenders worried over RIL-Future deal")
Sebi halves the post-IPO lock-in period for promoters to 18 months
Sebi has done away with the investment restrictions on the residual portion of investable funds of venture capital funds (VCFs)
Have made full disclosures in past, not facing Sebi probe on FPIs: APSEZ
Says absolutely no connection with FPIs based in Mauritius; has applied to operate Myanmar port
 "Have made full disclosures in past, not facing Sebi probe on FPIs: APSEZ")
Aditya Birla Sun Life AMC receives Sebi's final approval for IPO
Sources say that the IPO size could be around Rs 2,000 crore
 "Aditya Birla Sun Life AMC receives Sebi's final approval for IPO")
Sebi relaxes sweat equity norms for new-age technology cos
It has been decided to dispense with the minimum vesting period and lock-in period for all share benefit schemes in the event of death or permanent incapacity of an employee.
Sebi to scrap few disclosure requirements for promoters on acquiring shares
The obligation for physical disclosures would be done away with effect from April 1, 2022
Sebi asks mutual fund houses to invest in NFO depending on risk level
However, the regulator has not quantified the minimum amount that needs to be invested by the fund houses.
Sebi board decides to reduce minimum lock-in period for promoters post IPO
The market regulator reduced the lock-in period to 18 months from 3 years under some conditions
Sebi introduces accredited investors concept in Indian securities market
Markets regulator Sebi has introduced the concept of 'accredited investors' in the Indian securities market, a move expected to open up a new channel for raising funds
Samco receives final approval from Sebi to start its MF business
With this, Samco, an online discount stock broker, will be the 45th player in the Rs 33-trillion MF space
 "Samco receives final approval from Sebi to start its MF business")
Sebi mulls measures to improve liquidity in exchange-traded funds
Globally, passive funds such as index funds and exchange traded funds (ETFs) have emerged as one of the largest asset classes.
Sebi's refund to Sahara investors inches up to Rs 129 crore in 9 years
The amount deposited in specially-opened bank accounts for the repayment purpose has swelled to over Rs 23,000 crore
Framing investor charter for securities mkt: Sebi chairman Ajay Tyagi
Capital markets regulator Sebi is working on framing a charter for investors in the securities market, which is aimed at bringing more transparency in the investment process
 "Framing investor charter for securities mkt: Sebi chairman Ajay Tyagi")
Unlisted InvITs: Sebi forms framework for minimum number of unit holders
Generally, InvITs comprise a portfolio of infrastructure assets such as highways, power transmission assets
 "Unlisted InvITs: Sebi forms framework for minimum number of unit holders")
Resident Indian fund managers can be part of FPIs, says Sebi
The move comes after the board of Sebi approved a proposal in this regard in June
Sebi sets up an expert group to examine IPO book-building process
Market regulator observes several shortcomings in the existing procedure
 "Sebi sets up an expert group to examine IPO book-building process")
Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman
FM said they are taking necessary measures to ensure orderly functioning of the stock markets and maintain macro-financial stability
 "Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman")
Sebi allows payments banks to act as investment bankers
Non-scheduled payments banks, which have prior approval from RBI, will be eligible to act as a banker to an issue (BTI), Sebi said in a circular.
