SEBI - Corporate Law Reporter

Computation of Daily Contract Settlement Value – Interest Rate Futures :SEBI

CIRCULAR SEBI/HO/MRD/DRMNP/CIR/P/2018/27 February 20, 2018 All recognized Stock Exchanges and Clearing Corporations Dear Sir/Madam Computation of Daily Contract Settlement Value – Interest Rate Futures Kindly refer to SEBI circular CIR/MRD/DRMNP/35/2013 dated December 05, 2013 and circular CIR/MRD/DRMNP//11/2015 dated June 12, 2015 on Exchange Traded Cash Settled Interest Rate Futures (IRF) on Government of India security.… Read More

Easing of Access Norms for investment by Foreign Portfolio Investors: SEBI

CIRCULAR CIR/IMD/FPIC/26/2018 February 15, 2018 To, 1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities. 2. All Recognized Stock Exchanges 3. The Depositories (NSDL and CDSL) Sir/ Madam, Subject: Easing of Access Norms for investment by FPIs SEBI in consultation with stakeholders has decided to make following changes in extant… Read More

Compensation to Retail Individual Investors (RIIs) in an IPO: SEBI

Securities And Exchange Board of India CIRCULAR SEBI/HO/CFD/DIL2/CIR/P/2018/22 February 15, 2018 Registered Bankers to an Issue Registered Merchant Bankers Registered Registrars to an Issue and Share Transfer Agents Dear Sir/Madam, Sub: Compensation to Retail Individual Investors (RIIs) in an IPO 1. While the process of Applications Supported By Block Amount (ASBA) has resulted in almost complete elimination… Read More

Finance Minister addresses the Board of SEBI

Feb 10, 2018 PR No.: 5/2018 Finance Minister addresses the Board of SEBI Shri Arun Jaitley, Hon'ble Union Finance Minister, interacted with the members of the SEBI Board and senior officials of SEBI at New Delhi today. Shri P. Radhakrishnan, Minister of State for Finance, Dr. Hasmukh Adhia, Finance Secretary, Ministry of Finance, Shri… Read More

Enhancing fund governance for Mutual Funds :SEBI

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/19 February 07, 2018 All Mutual Funds/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds Sir/Madam, Sub: Enhancing fund governance for Mutual Funds A. Reference is drawn to SEBI circular dated November 30, 2017 on the captioned subject. Based on representations received from the Mutual Fund (MF) industry and in… Read More

Total Expense Ratio – change and disclosure :SEBI

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/18 February 05, 2018 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Total Expense Ratio – change and disclosure 1. It is observed that there are frequent changes carried out in Total Expense Ratio (TER) and such changes are not prominently disclosed to investors. In order… Read More

Charging of additional expenses of upto 0.20% in terms of SEBI (Mutual Funds) Regulations, 1996

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/15 February 02, 2018 All Mutual Funds/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds Sir/Madam, Sub: Charging of additional expenses of upto 0.20% in terms of Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996 1. Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996, allows an… Read More

Review of additional expenses of up to 0.30% towards inflows from beyond top 15 cities: SEBI

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/16 February 02, 2018 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Review of additional expenses of up to 0.30% towards inflows from beyond top 15 cities (B15) 1. Presently, in terms of para A(1) of SEBI circular CIR/IMD/DF/21/2012 dated September 13, 2012, additional TER can… Read More

SEBI to consider mandating corporates to meet one-fourth financing from bond market

Government will reform stamp duty regime on financial securities transactions A unified authority to be established for regulating all financial services in IFSCS in india The Finance Minister Shri Arun Jaitley has said that his Ministry will leverage the India Infrastructure Finance Corporation Limited (IIFCL) to help finance major infrastructure projects, including investments in educational… Read More

SEBI circular on Online Registration Mechanism and Filing System for Stock Exchanges

CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2018/14 January 29, 2018 To, All Recognised Stock Exchanges Dear Sir / Madam, Subject: Online Registration Mechanism and Filing System for Stock Exchanges 1. In order to ease the process of application for recognition / renewal, reporting and other filings in terms of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012… Read More

EXIT ORDER IN RESPECT OF INDIA PEPPER AND SPICE TRADE ASSOCIATION, KOCHI

Jan 29, 2018 PR No.: 4/2018 EXIT ORDER IN RESPECT OF INDIA PEPPER AND SPICE TRADE ASSOCIATION, KOCHI Whole Time Member, SEBI, has passed an Order on January 10, 2018 providing exit to M/s. India Pepper and Spice Trade Association, Kochi (IPSTA). IPSTA is the fifth Commodity Derivatives… Read More

Online Registration Mechanism and Filing System for Depositories: SEBI

CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2018/13 January 29, 2018 To, All Recognised Depositories Dear Sir / Madam, Subject: Online Registration Mechanism and Filing System for Depositories 1. In order to ease the process of application for recognition / renewal, reporting and other filings in terms of Securities and Exchange Board of India(Depositories and Participants) Regulations, 1996 and other circulars… Read More

Prevention of Unauthorised Trading by Stock Brokers : SEBI

CIRCULAR CIR/HO/MIRSD/MIRSD2/CIR/P/2018/ 09 January 11, 2018 To All recognized Stock Exchanges Dear Sir/ Madam, Sub: Prevention of Unauthorised Trading by Stock Brokers 1. SEBI vide circular No. CIR/HO/MIRSD/MIRSD2/CIR/P/2017/108 dated September 26, 2017 had prescribed guidelines for prevention of unauthorised trading by stock brokers and issued subsequent clarification vide CIR/HO/MIRSD/MIRSD2/CIR/P/2017/124 dated November 30, 2017. 2. SEBI… Read More