Page 48 - Latest Updates on SEBI
Increased sustainability disclosures to give leg-up to ESG funds
Six out of ten domestic funds with an ESG mandate were launched in the financial year 2020-21 (FY21), noted the May 24 Kotak Securities Strategy report
 "Increased sustainability disclosures to give leg-up to ESG funds")
Sebi to empanel auditors to conduct forensic audits of listed companies
Markets regulator Sebi is looking to appoint auditors for conducting forensic audits of financial statements of listed companies as part of efforts to curb frauds.
 "Sebi to empanel auditors to conduct forensic audits of listed companies")
Anmi urges Sebi to reconsider the proposal on 100% levy on peak margin
Sharing its data with the regulator, Anmi pointed out that the rate of overnight margins, levied on intraday trades are almost 3.33x more than what is warranted based on the risks of the trade
 "Anmi urges Sebi to reconsider the proposal on 100% levy on peak margin")
AT-1 bond mis-selling case: SAT gives interim relief to YES Bank
In April, Sebi had slapped a penalty of Rs 25 crore on it and 3 executives
 "AT-1 bond mis-selling case: SAT gives interim relief to YES Bank")
SAT grants interim stay on Sebi's order against Yes Bank in AT-1 bond case
While granting interim relief to Yes Bank, SAT said it has "stayed the effect and operation of the impugned order".
Anmi urges Sebi to reconsider proposal on 100% levy on peak margin
Anmi pointed out that the rate of overnight margins, levied on intraday trades are almost 3.33 times more than what is warranted based on the risks of the trade.
Sebi doubles AIFs overseas investment limit to $1.5 bn after talks with RBI
Industry players say the move will help the Rs 4.4-trillion AIF industry as the current allowance in many cases was getting fully utilised
NSE shares soar over 25% on boost from Securities Appellate Tribunal relief
The tribunal allows the exchange to use Rs 6,000 cr parked in an escrow
 "NSE shares soar over 25% on boost from Securities Appellate Tribunal relief")
Vedanta says evaluating Sebi order imposing fine on its unit, Cairn India
Vedanta Ltd on Friday said it is evaluating a Sebi order imposing a fine of Rs 5.25 crore on its erstwhile unit, Cairn India
 "Vedanta says evaluating Sebi order imposing fine on its unit, Cairn India")
Insider trading case: Sebi levies Rs 1.05 cr fine on Indiabulls Venture
The former non-executive director, Pia Johnson, and her husband, Mehul Johnson, violated the Prohibition of Insider Trading norms by trading in firm's scrip
Sebi bans Crayon Capital from markets for 4 years in art fund case
Sebi has barred Crayon Capital Ltd from the capital markets for four years and asked the company to return the money collected from investors through an 'art fund' scheme.
Sebi doubles overseas investment limit of AIF, VCF to $1,500 million
Markets regulator Sebi on Friday doubled the overseas investment limit of alternative investment funds and venture capital funds to $1,500 million
Second Covid-19 wave: Fewer companies to avail Q4 filing relaxation
Experts say Sebi's move to extend the deadline is a welcome step
 "Second Covid-19 wave: Fewer companies to avail Q4 filing relaxation")
Sebi seeks to merge 2 rules on debt issuance for easier compliance
The regulator said the new regulation will ensure ease of reference and language and also remove redundancies
Sebi fines Biocon, its designated person for violating market norms
Markets regulator Sebi on Wednesday imposed a total fine of Rs 14 lakh on Biocon Ltd and its designated person for violation of market norms.
Sebi proposes merger of debt securities rules into single regulation
To ease compliance burden on listed entities, Sebi on Wednesday proposed merger of listing rules pertaining to debt securities and non- convertible redeemable preference shares into a single regulation.
Sebi imposes Rs 5.25 cr fine on Cairn India in share buyback case
Markets regulator Sebi on Wednesday imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding the buyback of shares in 2014.
The coming surge in chairpersons emeritus
Since no part of the Companies Act deals with chairperson emeritus, these appointments will have to be governed by a formal contract between the company and the individual or under its articles
Several companies rush to file draft red herring prospectus with Sebi
According to data compiled by Prime Database, a firm tracking IPOs, 12 companies looking to raise a cumulative Rs 22,230 crore ($3 billion) have filed their offer documents so far this month
 "Several companies rush to file draft red herring prospectus with Sebi")
SAT rejects Sebi view, rules tribunal can function sans technical member
Requests government for faster filling up of vacancies, judicial clarity
