Page 49 - Latest Updates on SEBI
Sebi proposes framework for gold exchange; suggests electronic receipts
Sebi on Monday proposed an elaborate framework for setting up a gold exchange wherein the yellow metal will be traded in the form of electronic gold receipts
 "Sebi proposes framework for gold exchange; suggests electronic receipts")
Sebi's relaxed norms likely to give private equity firms faster exits
Sebi also plans to replace the "promoter" concept to "person in control"
 "Sebi's relaxed norms likely to give private equity firms faster exits")
Sebi objects to Securities Appellate Tribunal missing key member
Tribunal has taken opinion of senior counsel in the matter
'Promoter' vs 'person in control': How will Sebi's new proposal play out?
The rationale behind replacing the concept of "promoter" with "person in control" is to absolve entities, which, in reality, don't have any control over a company
Best of BS Opinion: Economic outlook, rationalising regulation, and more
Here are the best of Business Standard's opinion pieces for Thursday
 "Best of BS Opinion: Economic outlook, rationalising regulation, and more")
Rationalising regulation
Sebi's proposals are in line with changing investor landscape
Sebi plans to ease post-IPO lock-in for promoters, amend key definition
Regulator mulls replacing concept of 'promoter' with 'person in control'
 "Sebi plans to ease post-IPO lock-in for promoters, amend key definition")
PC Jeweller case: Sebi bars 4 individuals, 1 entity from securities mkt
Sebi on Tuesday imposed a total fine of Rs 1 crore on four individuals and an entity as well as barred them from the securities market for one year in a case of alleged insider trading activities
Sebi makes dividend distribution policy must for top 1,000 listed cos
To strengthen corporate governance practices and disclosure requirements, Sebi has notified new rules, including that top 1,000 listed firms will have to formulate a dividend distribution policy.
Sebi proposes rationalising 'promoter group' definition'; moots a concept
Markets regulator Sebi proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods
Sebi defers diktat to monitor foreign holding in DRs till further notice
Regulator yields to requests made by market participants
Sebi mulling new framework to prevent misuse of client collateral
The rules are aimed at identifying each client's collateral and ensuring it is utilised towards the margins of that client only
 "Sebi mulling new framework to prevent misuse of client collateral")
Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi
Digital lender Fincare Small Finance Bank has filed preliminary papers with capital market regulator Sebi to raise Rs 1,330 crore through an initial share-sale.
 "Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi")
FPIs seek three months more to implement Sebi diktat on monitoring DRs
Cite legal hurdles and challenges in implementing the circular in its present form
 "FPIs seek three months more to implement Sebi diktat on monitoring DRs")
Special procedure for action on expulsion from bourse's membership notified
Markets regulator Sebi has come out with a special procedure for action on expulsion from membership of stock exchanges and clearing corporations.
Start-ups listing: Sebi reduces holding period for pre-issue capital
With an aim to boost listing of start-ups, markets regulator Sebi has notified a slew of relaxations to norms
Political, religious firms not allowed on social stock exchange: Sebi panel
Recommends creation of capacity building fund of Rs 100 cr
 "Political, religious firms not allowed on social stock exchange: Sebi panel")
Sebi vets stake control in Zomato's IPO papers for China firm's role
Regulator scans startup's prospectus to check if Jack Ma's Ant group will be issued bonus shares/rights shares.
 "Sebi vets stake control in Zomato's IPO papers for China firm's role")
Compliance timelines eased for debenture trustees amid Covid-19
The move comes after Sebi received representations from debenture trustees in this regard, the regulator said in a circular
Regressive regulation
New compensation rule for AMCs is illogical
