Sebi enables transfer of PMS activities to simplify operations and reduce compliance burden

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 […]

Sebi clarifies cyber security and cyber resilience framework

Markets Regulator Sebi clarifies on Thursday that the CyberSecurity and Cyber ​​Resilience Framework (CSCRF) only applies to systems that are used exclusively for its regulated activities. The shared infrastructure is also checked if they are not covered under the RBI or another regulator. Furthermore, if regulated entities (RES) comply with the cyber security rules of […]