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…
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…
Block Mechanism in demat account of clients undertaking sale transactions
August 18, 2022 To,All DepositoriesAll recognized Stock Exchanges and Clearing Corporations Madam / Sir, 1. SEBI, vide circular no. CIR/HO/MIRSD/DOP/P/CIR/2021/595 dated July 16, 2021, introduced block mechanism in the demat…
Framework for automated deactivation of trading and demat accounts in cases of inadequate KYCs
July 29, 2022 ToAll Recognised Stock Exchanges (except Commodity Derivatives Exchanges)All Registered Depositories Dear Sir/Madam, Securities and Exchange Board of India (“SEBI”) has, vide various Circulars issued from time to…
Nomination for Mutual Fund Unit Holders – Extension of timelines
July 29, 2022 ToAll Mutual Funds (MFs)/Asset Management Companies (AMCs)/Trustee Companies/ Board of Trustees of Mutual Funds/Registrar and Transfer Agents (RTAs)/Association of Mutual Funds in India (AMFI) Sir / Madam,…
Operational Circular for listing obligations and disclosure requirements for Non-convertible Securities, Securitized Debt Instruments and/ or Commercial Paper
July 29, 2022 To,Issuers who have listed Non-convertible Securities, Securitized Debt Instrumentsand/ or Commercial Paper;All Recognised Stock Exchanges 1. Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)…