Latest Updates Around The World
To facilitate ease of doing business, markets regulator Sebi on Friday proposed additional relaxations in reporting norms for stock brokers, including exempting certain demat accounts of brokers who are also primary dealers from tagging requirements.Further, brokers who are banks or primary dealers will be required to report only those bank accounts used for stock broking […]
The latest Union Budget includes a slew of measures to improve business conditions for companies involved in the export of software and IT services. The proposed amendments in the Union Budget for Financial Year 27 regarding the safe harbor clause on transfer pricing are expected to help companies with cross-border business models.The government has proposed […]
Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) businesses after regulatory approval. In a circular today, the market watchdog said the initiative is part of its broader efforts to promote ease of doing business and simplify compliance across the capital market ecosystem. Under the new […]
Markets regulator Securities and Exchange Board of India (Sebi) has streamlined the penalty framework for stockbrokers, scrapping 40 violations and reclassifying fines for 105 violations as ‘financial disincentives’. The revised framework now provides for sanctions for 90 violations. The decision to reclassify 105 violations as “financial barriers” is intended to remove the stigma associated with […]
Markets Regulator Sebi wants to revise the margin framework under margin trade financing (MTF) in an attempt to streamline risk management when clearing companies. In his annual report for 2024-25, Sebi said that an “extensive assessment exercise is being carried out with regard to the currently applicable margin framework.” In addition, an overview of MTF […]
