Explained: Sebi relaxes duplicate securities norms, increases limit and simplifies documentation. 5 things to know

The Securities and Exchange Board of India (Sebi) on Wednesday doubled the monetary threshold for the simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh.Sebi’s move follows a consultation paper issued by the market watchdog in November to ease investor compliance and remove inconsistencies. The regulator said the […]

EGR framework for gold may need an overhaul to revive India’s ambition as a price setter: Sebi chairman

Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey on Saturday said the framework for electronic gold receipts (EGRs) may need an overhaul, while acknowledging that the EGR framework has not gained the desired traction so far. He also urged the industry to educate investors to trade only in regulated gold products.He said […]

Sebi will form a working group on the next technological frontier for stock exchanges

Markets regulator Sebi wants to form a working group to identify the next technological frontier for stock exchanges, chairman Tuhin Kanta Pandey said on Saturday. The group will focus on how exchange technology should evolve over the next five to ten years, benchmarking best practices globally and developing new methods to strengthen market infrastructure. “We […]

SEBI board approves renewal of broker and MF rules; postpones the conflict of interest code

Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India | Photo credit: FRANCIS MASCARENHAS The Securities and Exchange Board of India (SEBI) on Wednesday approved a review of regulations for stock brokers and mutual funds, while deferring a decision on the proposed conflict of interest framework for the regulator’s board members, citing privacy and […]

Sebi board approves changes to mutual fund expense allowance, stockbroker rules and simplified IPO documents

India’s market regulator Sebi on Wednesday approved a wide range of reforms for both mutual funds and stock brokers, aimed at simplifying rules, cutting costs for investors and easing compliance by market intermediaries. This marks one of the most comprehensive regulatory reviews in recent years.Sebi approved the replacement of the thirty-year-old regulations for stockbrokers with […]

SEBI simplifies Re-KYC for NRIs: no more physical presence required

Markets regulator Sebi on Wednesday eased the re-KYC process for non-resident Indians (NRIs) by removing the requirement for them to be physically present in India during digital verification.Markets regulator Sebi on Wednesday eased the re-KYC process for non-resident Indians (NRIs) by removing the requirement for them to be physically present in India during digital verification. […]