Page 11 - Latest Updates on SEBI
Mkt regulator Sebi mulls action for lapses in Artificial intelligence usage
Proposals aimed at ensuring market players behave responsibly
 "Mkt regulator Sebi mulls action for lapses in Artificial intelligence usage")
Sebi proposes to double minimum net worth requirement for custodians
Assets under their custody jumped to Rs 278.5 trillion by September 2024 from Rs 2.7 trillion in 2002
 "Sebi proposes to double minimum net worth requirement for custodians")
Futures trading ban fails to cool retail prices in India, say reports
'Sans futures contracts, FPOs were unable to hedge against price fluctuations'
 "Futures trading ban fails to cool retail prices in India, say reports")
Market regulator Sebi simplifies process for registration of certain FPIs
Abridged version of application form to be available in the next three months
 "Market regulator Sebi simplifies process for registration of certain FPIs")
Sebi extends deadline till Nov 26 for comments on proposed SDP recognition
In its consultation paper, Sebi proposed requirements for recognition as specified digital platforms whereby such platforms should proactively prevent fraud, impersonation, unauthorised claims
 "Sebi extends deadline till Nov 26 for comments on proposed SDP recognition")
New trading options for investors: UPI block mechanism and 3-in-1 accounts
The UPI-based block mechanism ensures that funds are only committed when necessary, reducing the need for upfront payments and the associated risk of idle funds.
 "New trading options for investors: UPI block mechanism and 3-in-1 accounts")
Sebi orders attachment of bank accounts of Venugopal Dhoot, Electroparts
As per the notice, Sebi said there is sufficient reason to believe that the defaulters may dispose of the bank accounts and securities in the demat accounts or mutual fund folios
Sebi asks qualified stock brokers to offer UPI mechanism from Feb 1
The UPI-based block mechanism provides enhanced security by ensuring transactions from the bank account
 "Sebi asks qualified stock brokers to offer UPI mechanism from Feb 1")
Sebi considers process to seek waiver of interest on penalty payment
Markets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiated by it for failure to pay penalty.
Supreme Court dismisses 1994 Sebi appeal against Ambani's Reliance entities
SC dismisses Sebi's appeal against Reliance Investment Holdings, Mukesh, and Anil Ambani over 1994 takeover norms breach, citing 'inordinate delay' in the regulator's actions
 "Supreme Court dismisses 1994 Sebi appeal against Ambani's Reliance entities")
RBI, Sebi unveil rules for converting excess investment by FPIs into FDI
FPIs will need to seek government approval before reclassification in applicable cases
CareEdge group to scale up share for its non-rating business to 20%
The plan is to establish regional hubs to enhance local connections in the countries rated by CARE
 "CareEdge group to scale up share for its non-rating business to 20%")
Sebi looks to expand scope of unpublished price-sensitive information
Additionally, key developments in corporate insolvency proceedings, such as initiation or approval of resolution plans by the tribunal, should be disclosed as potentially price-sensitive
With benchmarks becoming harder to beat, avoid very high-cost funds
Portfolio construction begins with asset allocation, which depends on risk appetite and investment horizon
 "With benchmarks becoming harder to beat, avoid very high-cost funds")
Lokpal seeks Sebi chief Madhabi Puri Buch's response on Hindenburg charges
In its report, Hindenburg Research alleged that Buch and her husband had stakes in obscure offshore funds used in the alleged money siphoning scandal involving the Adani Group
 "Lokpal seeks Sebi chief Madhabi Puri Buch's response on Hindenburg charges")
Embassy Office Parks REIT appoints Ritwik Bhattacharjee as interim CEO
Before joining Embassy REIT, Ritwik spent over 12 years as an investment banker at global firms, including Nomura, Citi, UBS and JP Morgan
 "Embassy Office Parks REIT appoints Ritwik Bhattacharjee as interim CEO")
Sebi mulls allaying concerns on 'skin in the game' rule for MF employees
The proposals aimed at easing compliance, particularly for employees with lower CTCs and those in operational roles
Proactively made all disclosures, recusals: Sebi WTM on Cong's charges
Narayan assured that he has made all necessary disclosures and followed recusal procedures to manage potential conflicts
 "Proactively made all disclosures, recusals: Sebi WTM on Cong's charges")
India equity clearing corporations need diverse ownership: Sebi official
In June, Sebi set up a committee to review the ownership structure of clearing corporations to ensure greater independence and resilience
 "India equity clearing corporations need diverse ownership: Sebi official")
Sebi member warns against 'race to the bottom' among MIIs at BS BFSI Summit
Ananth Narayan Gopalakrishnan, whole-time member, Securities and Exchange Board of India (Sebi), shares insights into MIIs at the Business Standard BFSI Insight Summit
 "Sebi member warns against 'race to the bottom' among MIIs at BS BFSI Summit")
