Standardization of industry classification – Applicability to credit rating agencies
Dear Sir/ Madam, 1. The Market Data Advisory Committee (MDAC), a standing committee constituted by SEBI, comprising of representatives from stock exchanges, depositories and other market participants, examined the existing…
Standardisation of Ratings Scales Used by credit rating agencies – Extension of timeline for implementation
In order to standardise the usage of rating scales, SEBI vide circular no.SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 dated July 16, 2021 advised the credit rating agencies to either align their rating scales with the…
Discontinuation of usage of pool accounts for transactions in the units of Mutual Funds, Two Factor Authentication (‘2FA’) for redemption and other related requirements : Extension of timeline
1. Based on discussions with stakeholders and recommendations of the Mutual Fund Advisory Committee, SEBI, vide circular no. SEBI/HO/IMD/IMD-I DOF5/P/CIR/2021/635 dated October 4, 2021 and circular no. SEBI/HO/IMD/IMD-I DOF5/P/CIR/2021/634 dated…
Note on SEBI Circular regarding Clarification on applicability of regulation 23 of SEBI (LODR) regulations, 2015 in relation to Related Party Transactions dated 30-03-2022:
INTRODUCTION : This circular seeks to provide clarification with respect to approval of related party transactions by the shareholders of a listed entity.For this purpose, scope and materiality of RPT…
Clarification on applicability of regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to Related Party Transactions
March 30, 2022 To,All entities that have listed their specified securitiesAll the Recognized Stock Exchanges 1. Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (‘LODR Regulations’)…
Clarification with respect to relaxation of provisions of rule 114AAA of Income-tax Rules, 1962 prescribing the manner of making Permanent Account Number (PAN) inoperative
Instances had come to the notice of the Income-tax Department that multiple permanent account numbers (PANs) have been allotted to one person or one PAN has been allotted to more…
Extension of timelines for sale and renewal of short term Covid specific health insurance policies
28th March,2022 ToAll Life, General and Stand Alone Health Insurers (Except AIC and ECGC) 1. Reference is invited to the short term Covid specific health insurance policies permitted to be…
Operational guidelines for ‘Security and Covenant Monitoring’ using Distributed Ledger Technology (DLT)
March 29, 2022 To, Issuers who have listed and/ or propose to list Non-convertible Securities, SecuritisedDebt Instruments, Security Receipts, Municipal Debt Securities or Commercial Paper;Recognized Stock Exchanges;All Debenture Trustees registered…
Product specifications pertaining to the Electronic Gold Receipts (EGR) segment in India
March 28, 2022 The Managing Directors / Chief Executive OfficersAll Recognized Stock Exchanges Dear Sir / Madam, 1. SEBI vide Circular no. SEBI/HO/CDMRD/DMP/CIR/P/2022/07 dated January 10, 2022, has issued framework…
Dividend Criteria for Equity Investment under “Approved Investment”
Date : 24th March, 2022 In continuation to circular no: IRDAI/F&I/CIR/INV/255/09/2021 Dt. 27th Sep, 2021 on the subject, the Authority in exercise of its powers conferred under Regulation 14(2) of…