SEBI

SEBI constitutes a 15-member committee to Attract Foreign Investment

15-Member Committee Constituted by SEBI The Securities and Exchange Board of India (SEBI) has constituted a 15-member committee to increase foreign investment. The advisory committee constituted by SEBI is called the 'FPI Advisory Committee' or FAC to ease ways for...

Ashish Kumar Chauhan named as the next MD & CEO of NSE

The National Stock Exchange (NSE) has announced the appointment of Ashish Kumar Chauhan as its new managing director and CEO. He will succeed Vikram Limaye whose 5-year term ended on 16 July 2022. He was one of the founders of...

SEBI imposed Rs. 7 crore penalty on National Stock Exchange

The Securities and Exchange Board of India (Sebi) has slapped heavy penalties in a 2015 ‘dark fibre’ case that saw certain brokers exploiting the National Stock Exchange’s (NSE’s) internet infrastructure to get faster connectivity to its colocation (colo) facilities. The...

For public issues of REIT and InvIT , SEBI now offers UPI payment option

Retail investors may use UPI, or the unified payments interface mechanism, to apply in the public offering of REITs and InvITs for application values up to Rs 5 lakh, according to capital markets regulator Sebi. The Securities and Exchange Board...

SEBI Advisory Committee on Mutual Funds restructured

SEBI, the market regulator, has revamped its mutual fund advisory committee. According to the latest update with the Securities and Exchange Board of India (Sebi), the 25-member advisory council will be chaired by Usha Thorat, a former Deputy Governor of...

Former SBI MD Ashwani Bhatia takes charge as whole-time member at SEBI

Ashwani Bhatia has taken charge as a whole-time member (WTM) at the market regulator Securities and Exchange Board of India (Sebi). Bhatia was previously the managing director of the state-owned State Bank of India (SBI). After Bhatia’s joining, Sebi now...

Two separate Sebi panels to review ownership norms of MFs, trustees

The Securities and Exchange Board of India (Sebi) has formed two expert groups to look into the responsibilities, qualifications, and functions of sponsors and trustees at asset management firms (AMCs). A sponsor, similar to a promoter, provides funds for the...

Sebi reconstitutes advisory panel for alternative investment policy

Securities and Exchange Board of India (Sebi) has reconstituted its alternative investment policy advisory committee, which advises the capital markets regulator on a range of issues that impact further development of the (Alternative Investment Fund) AIF space. The committee has...

Sebi makes provision of separation of chairperson & MD/CEO roles voluntary

Securities and Exchange Board of India (Sebi) board has decided to make provision for separation of the roles of chairperson and MD/CEO as 'voluntary' against 'mandatory' earlier. The market regulator had in June 2017 set up a committee on corporate...

SEBI reconstitutes its primary market advisory committee

Capital markets regulator, Securities and Exchange Board of India has restructured its primary market advisory committee on data. The committee aims to measure pertaining to areas such as securities market data access and privacy. Sebi has appointed Professor at National...