Modification in the Operational Guidelines for FPIs, DDPs and EFIs pertaining to FPIs registered under Multiple Investment Managers (MIM) structure
September 26, 2022 To, Foreign Portfolio Investors (“FPIs”) Designated Depository Participants (“DDPs”) and Custodians The Depositories (NSDL and CDSL) Dear Sir / Madam, 1. SEBI, vide circular number IMD/FPI&C/CIR/P/2019/124 dated…
Issue and listing of Commercial Paper by listed InvITs and by listed REITs
September 22, 2022 ToAll Infrastructure Investment Trusts (“InvITs”)All Parties to InvITsAll Recognised Stock ExchangesAll DepositoriesAll Merchant Bankers Madam/Sir 1. In terms of Reserve Bank Commercial Paper Directions, 2017 dated August…
Firewall between Credit Rating Agencies and their Affiliates
September 21, 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 Credit Rating…
Framework on Social Stock Exchange (“SSE”)
September 19, 2022 ToAll Recognized Stock ExchangesAll Recognized DepositoriesAll Merchant Bankers and Brokers registered with SEBIAll Social EnterprisesAll Social Impact Fund registered with SEBIAll Social Audit Firms/ Institute of Chartered…
Validation of Instructions for Pay-In of Securities from Client demat account to Trading Member (TM) Pool Account against obligations received from the Clearing Corporations
September 19, 2022 To,All DepositoriesAll recognized Stock Exchanges and Clearing Corporations Madam / Sir, 1. In order to protect clients’ funds and securities and to ensure that the Stock Broker…
Master Circular on Surveillance of Securities Market
September 13, 2022 To 1. All Recognized Stock Exchanges 2. All Depositories 3. All Listed Companies 4. All Market Intermediaries registered with SEBI under Section 12 of the SEBI Act,…
Performance/return claimed by unregulated platforms offering algorithmic strategies for trading
1. It has come to the notice of the Securities and Exchange Board of India (SEBI) that some unregulated platforms are offering algorithmic trading services/strategies to investors for automated execution…
Amendments to guidelines for preferential issue and institutional placement of units by a listed InvIT
August 26, 2022 ToAll Infrastructure Investment Trusts (“InvITs”)All Parties to InvITsAll Recognised Stock ExchangesAll DepositoriesAll Merchant Bankers Madam/Sir 1. SEBI issued circular SEBI/HO/DDHS/DDHS/CIR/P/2019/143 dated November 27, 2019 providing guidelines for…
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,…