Amendments to guidelines for preferential issue and institutional placement of units by a listed REIT
August 26, 2022 ToAll Real Estate Investment Trusts (“REITs”)All Parties to REITsAll Recognised Stock ExchangesAll DepositoriesAll Merchant Bankers Madam/Sir 1. SEBI issued circular SEBI/HO/DDHS/DDHS/CIR/P/2019/142 dated November 27, 2019 providing guidelines…
Corrigendum to Master Circular for Depositories dated February 05, 2021 on Opening of demat account in case of HUF
August 26, 2022 ToAll DepositoriesDear Sir/Madam, Please refer to SEBI Master Circular for Depositories No. SEBI/HO/MRD2/DDAP/CIR/P/2021/18 dated February 05, 2021 and Corrigendum to Master Circular for Depositories dated February 05,…
Circular for Portfolio Managers
August 26, 2022 To,All Portfolio ManagersDear Sir / Madam, 1. The amendment to SEBI (Portfolio Managers) Regulations, 2020 (“PMS Regulations”) notified on August 22, 2022 (available at link), inter-alia mandates…
Enhanced Disclosures by CRAs and Norms on Rating Withdrawal
August 25, 2022 ToAll Credit Rating Agencies (CRAs) registered with SEBIDear Sir/ Madam, i. SEBI (Credit Rating Agencies) Regulations, 1999 (“CRA Regulations”) provide for a principle-based regulation of CRAs focusing…
Disclosure requirement for Asset Management Companies (AMCs)
August 25, 2022 ToAll Mutual Funds/All Asset Management Companies (AMCs)/All Trustee Companies/ Boards of Trustees of Mutual Funds/Association of Mutual Funds in India (AMFI) Dear Sir/ Madam, SEBI has amended…
Foreign Exchange Management (Overseas Investment) Rules, 2022
New Delhi, the 22nd August, 2022 G.S.R. 646(E).—In exercise of the powers conferred by sub-section (1) and clauses (aa) and (ab) of sub-section (2) of section 46 and sub-section (3)…
Section 23 of the Banking Regulation Act, 1949 – Branch Authorisation Policy – Left Wing Extremism affected districts – Revised List
August 22, 2022 All Domestic Scheduled Commercial Banks(excluding Regional Rural Banks, Payments Banks and Local Area Banks) Madam/Dear Sir, Please refer to our circular on ‘Rationalisation of Branch Authorisation Policy-Revision…
Foreign Exchange Management (Overseas Investment) Directions, 2022
August 22, 2022 All Category – I Authorised Dealer BanksMadam/Sir 1. Overseas investments by persons resident in India enhance the scale and scope of businessoperations of Indian entrepreneurs by providing…
Foreign Exchange Management (Overseas Investment) Regulations, 2022
August 22, 2022 In exercise of the powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of…
Participation as Financial Information Providers in Account Aggregator framework
August 19, 2022 All DepositoriesAll Asset Management Companies Dear Sir/Madam, 1. An Account Aggregator (AA), is a Reserve Bank of India (RBI) regulated NonBanking Finance Company (NBFC) that facilitates retrieval…