[ad_1] Markets regulator SEBI on Friday came out with the operational framework for a performance validation agency called the Past Risk and Return Verification Agency (PaRRVA), outlining its responsibilities and the eligibility criteria for credit rating agencies (CRAs) to be recognised as such. This framework aims to curb misleading claims about past performance in advertisements […]
SEBI introduces standardised format for system and network audit reports of MIIs – CNBC TV18
[ad_1] Markets regulator SEBI on Friday introduced a standardised format for system and network audit reports of market infrastructure institutions (MIIs) such as stock exchanges, clearing corporations, and depositories — to enhance the audit efficiency. Under this, SEBI will assign unique IDs to each observation in a bid to simplify the tracking of both current […]
Arohan Financial Services downgraded to default rating, then upgraded by ICRA – CNBC TV18
[ad_1] Arohan Financial Services faced a temporary default rating downgrade due to regulatory norms outlined in the SEBI circular dated November 18, 2024. However, the company was simultaneously upgraded by rating agency ICRA. Company Value Change %Change The downgrade stemmed from a delay in transferring ₹44,609 in interest payments to six debenture holders. The delay […]
SEBI bars intermediaries from sharing client info with entities offering unauthorised advice – CNBC TV18
[ad_1] Sebi-registered intermediaries are not allowed to make or receive payments or share client information with anyone engaged in providing unauthorised advice or making unapproved return claims, the regulator clarified on Wednesday. Company Value Change %Change “Sharing client information is of similar nature as of ‘referral of a client’. Hence, making any payment or receiving […]
SEBI develops web-based portal for reporting of technical glitches by stock exchanges, other MIIs – CNBC TV18
[ad_1] Markets regulator SEBI on Tuesday said it has developed a web-based portal for submission of preliminary and final root cause analysis (RCA) reports of technical glitches by stock exchanges and other market infrastructure institutions (MIIs). Company Value Change %Change The new portal — Integrated SEBI Portal for Technical Glitches (iSPOT) — is aimed at […]
SEBI updates credit rating agency timelines, shifts to working days from calendar days – CNBC TV18
[ad_1] SEBI has updated the timelines for credit rating agencies (CRAs), changing the measurement from calendar days to working days for key rating actions. This shift, announced in a circular on January 8, follows consultations with the working group for CRAs. It aims to make compliance more flexible and practical for CRAs. Company Value Change […]
SEBI issues clarification on cybersecurity norms, offers compliance extensions – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) on Tuesday issued clarifications to its Cybersecurity and Cyber Resilience Framework (CSCRF) for regulated entities (REs), offering regulatory forbearance and extending compliance deadlines for certain categories. The move comes in response to queries from stakeholders regarding the framework, which was introduced in August 2023. Company Value […]
SEBI clarifies rules on change in control for investment advisers, research analysts, KRAs – CNBC TV18
[ad_1] Markets watchdog SEBI on Friday clarified the rules for transfer and transmission of shareholding among immediate relatives for investment advisers, research analysts, and know your client (KYC) registration agencies (KRAs). Company Value Change %Change The move aims to streamline regulatory compliance and protect investor interests while ensuring transparency in the functioning of these intermediaries. […]
SEBI seals ICEX exit from the bourse business – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) has formally withdrawn the recognition granted to the Indian Commodity Exchange Ltd (ICEX), effectively marking the exchange’s exit from the bourse business. Company Value Change %Change This decision, notified on December 24, follows SEBI’s earlier approval for ICEX’s voluntary surrender of recognition after over two years […]
Experts weigh in on SEBI’s proposed algo-trading rules for retail investors – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) has proposed new regulations for retail participation in algorithmic (algo) trading, releasing a draft circular open for public feedback until January 3, 2025. The move seeks to standardise existing practices, improve transparency, and protect market integrity. While sharing his perspectives on the implications of these proposed […]