The Securities and Exchange Board of India (SEBI) has launched a centralized database portal called Bond Central to improve transparency and facilitate access to information related to corporate bonds. This initiative is designed to establish a single, reliable source of information on corporate bonds issued in India, which will be advantageous for investors and other… Read More »
The Securities and Exchange Board of India (SEBI) has imposed a fine of ₹5.05 crore on the Indian Clearing Corporation Ltd. (ICCL), a subsidiary of BSE Ltd., for breaching regulatory standards. This action follows an inspection that highlighted non-compliance with SEBI’s cybersecurity framework, IT asset management, and disaster recovery protocols. SEBI discovered that ICCL had… Read More »
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹10 lakh on Axis Securities for several violations of stockbroker regulations. This action follows an inspection that took place between April 2021 and November 2022. SEBI discovered numerous compliance issues, including misreporting, mishandling of client funds, and a lack of response to… Read More »
To improve corporate governance and increase transparency in the Indian securities market, the Securities and Exchange Board of India (SEBI) has introduced a specialized portal for Related Party Transactions (RPT). This initiative is designed to simplify the reporting and oversight of RPTs, making sure that listed companies comply with strict disclosure requirements. The launch of… Read More »
The Securities and Exchange Board of India (SEBI) has launched the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA), a new platform that assists investors in tracking, tracing, and reclaiming inactive or unclaimed mutual fund folios. This initiative aims to tackle a significant problem in the mutual fund sector—investors losing access to their investments because… Read More »
The Securities and Exchange Board of India (SEBI) has imposed a fine of ₹25 lakh on DB Realty Ltd, now known as Valor Estate Ltd, along with seven individuals connected to the company. This penalty was issued for violations concerning financial misstatements and a lack of disclosures. The company failed to comply with accounting standards… Read More »
Sharan Hegde’s platform, The 1% Club, has made a remarkable achievement by becoming one of the first finfluencer-led companies to obtain the SEBI Registered Investment Advisor (RIA) license. This milestone is a significant advancement for the Indian financial advisory sector, where certified and regulated financial advisors have been in short supply. With this new license,… Read More »
The Securities and Exchange Board of India (SEBI) is working on a secure Unified Payments Interface (UPI) system specifically for registered market intermediaries. This initiative is designed to improve investor security, prevent fraudulent transactions, and guarantee that payments are made solely to authorized intermediaries. SEBI’s proposal comes as unregistered entities increasingly mislead investors and collect… Read More »
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹12 lakh on NSE Data And Analytics Ltd due to multiple regulatory infractions identified during an inspection. This fine highlights ongoing concerns about compliance within financial institutions and the importance of maintaining stringent operational standards in the market. SEBI’s inspection, conducted on September 6-7,… Read More »
Sebi to curb influencers to help investors get accurate, unbiased info: The rise of financial influencers who charge as high as Rs 7.5 lakh for a post on social media. Sebi introduced a new way for people to access and interpret financial information, and now they will soon come under the regulatory purview as Sebi… Read More »