Page 7 - Latest Updates on SEBI
Indian MF industry scores 'average' on fees and expense scorecard
In 2019, India's score improved from 'below average' to 'average', thanks to investor-friendly regulations introduced by the Securities and Exchange Board of India
 "Indian MF industry scores 'average' on fees and expense scorecard")
Sebi standardises industry classification for credit rating agencies
The standardised framework will help bring about uniformity in the classifications being used across sectors and in securities market
 "Sebi standardises industry classification for credit rating agencies")
Cooperating with Sebi in Yes Bank AT1 bond matter, says Nippon India MF
According to reports, Nippon India chief executive Sundeep Sikka's role is also being examined by Sebi
 "Cooperating with Sebi in Yes Bank AT1 bond matter, says Nippon India MF")
Sebi slaps Rs 51 lakh penalties on 18 entities in ATL case
Sebi initiated a preliminary investigation into the company's IPO in February 2012 and later an extensive probe was conducted to ascertain whether there were any violations of regulations
MFs: Sebi extends deadline for compliance with certain directions to July 1
Providing more time to fund houses, Sebi extended the deadline for implementing certain directions for mutual funds, including those pertaining to usage of pool accounts for transactions, to July 1.
 "MFs: Sebi extends deadline for compliance with certain directions to July 1")
After Sebi diktat, Canada FPIs likely to knock on Finance Ministry's door
Canada ranks seventh in terms of FPI investments into India, the total being Rs 1.7 trillion as of February 28 this year.
 "After Sebi diktat, Canada FPIs likely to knock on Finance Ministry's door")
Sebi disposes of show cause notice issued to HDFC
Sebi's Adjudicating Officer Geetha G said that no monetary penalty is warranted in respect of the allegations levelled in the instant matter
Sebi unveils 'Manthan' ideathon to promote innovation in securities markets
The top ten winners of the ideathon stand would get cash prizes worth Rs 5,00,000
No fresh nod needed for approved related party transactions, clarifies Sebi
Regulator, however, refuses to accept India Inc's demand of deferring implementation of new norms
 "No fresh nod needed for approved related party transactions, clarifies Sebi")
Sebi issues timelines for rebalancing portfolios of mutual fund schemes
Passive breaches are generally that have not arisen due to omission and commission of Asset Management Companies (AMCs)
 "Sebi issues timelines for rebalancing portfolios of mutual fund schemes")
Sebi tightens rule for 'passive breaches' by MFs, effective July 1
Provision for barring fund houses from launching new schemes, charging exit load
Extend deadline to link PAN-Aadhaar by three months: Brokers' plea to Sebi
According to brokers and mutual fund transfer agents, millions of demat accounts as well as mutual fund (MF) folios are yet to link their PAN and Aadhaar
 "Extend deadline to link PAN-Aadhaar by three months: Brokers' plea to Sebi")
Sebi brings out stricter regulatory norms for collective investment schemes
The board of Sebi also approved the budget for the regulator for the financial year 2022-23.
Sebi issues operational guidelines for covenant monitoring with DLT
For data exchange and verification across depositories, format for unique asset ID would be a 12-digit alphanumeric string
On Sebi diktat, mutual funds step up hunt for risk professionals
The hiring spree is expected to jack up costs for the industry
 "On Sebi diktat, mutual funds step up hunt for risk professionals")
Sebi overhauls collective investment scheme rules, brings on par with MFs
The market regulator said the move will "remove regulatory arbitrage" between the two pooled investment vehicles.
 "Sebi overhauls collective investment scheme rules, brings on par with MFs")
SMSes pertaining to FPO not issued by the company, says Ruchi Soya
Ruchi Soya Industries has filed a first information report in Haridwar to investigate the origin of the messages doing the rounds on social media
 "SMSes pertaining to FPO not issued by the company, says Ruchi Soya")
FY23 to set new IPO fundraise record
After a blockbuster last year, Indian primary market is set to break its record in the next fiscal year. Our next report does a quick check on what's in store for the primary markets in FY23
 "FY23 to set new IPO fundraise record")
Sebi issues product specifications related to electronic gold receipts
Sebi on Monday came out with product specifications pertaining to electronic gold receipts.
Poonawalla Fincorp case: Sebi removes securities market ban on 8 entities
Apart from barring the eight entities, including seven individuals from the securities market, Sebi, in September 2021, had also ordered impounding of wrongful gains worth over Rs 13 crore
