Retail engagement in the F&O industry would be scrutinised by SEBI. The increased total retail involvement in equities markets has the regulator concerned, since F&O transactions expose inexperienced investors to higher financial risk. Concerned about increased retail involvement in the Futures and Options (F&O) sector, the Securities and Exchange Board of India has launched a research to assess the level of retail engagement in this market, according to Business Line. If necessary, the study’s findings […]

Securities and Exchange Board of India (SEBI )  SEBI/HO/CDMRD/DMP/P/CIR/2022/64MASTER CIRCULAR MAY 17, 2022 Managing Directors/Chief Executive Officers All Stock Exchanges and Clearing Corporations with Commodity Derivatives Segment Sub: Commodity Derivatives Market Master Circular 1.In order to guarantee the availability of complete information indicated in commodity derivatives market circulars in one location, SEBI has started producing Master Circulars including information given in different commodity derivatives sector circulars. The references in the circular to the statutes/regulations that […]

Sebi issues guidelines to bolster the Collective Investment Scheme (CIS) regulatory system on 11 May 2022. New Delhi, India – Sebi, the markets regulator, has strengthened the net worth standards and track record requirements for organisations operating collective investment plans in order to reinforce the regulatory environment for such schemes. According to a statement issued on Tuesday, the regulator has required a minimum of 20 investors and a subscription value of at least Rs 20 […]

“Manthan” – SEBI Ideathon to Promote Securities Market Innovation At a gathering held in Mumbai today, Ms. Madhabi Puri Buch, Chairperson of SEBI, announced the inauguration of “Manthan” – SEBI Ideathon. Ms. Buch, who kicked off the Ideathon, stated that the implementation of Financial Technology (FinTech) in the securities market provides tremendous prospects for all parties involved. FinTech adoption can help democratise financial services by making them cheaper and more accessible to the general public, […]

To, All Credit Rating Agencies registered with SEBI Standardisation of Ratings Scales Used by credit rating agencies – Extension of timeline for implementation SEBI instructed credit rating agencies to either align their rating scales with the rating scales established under the SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 circular dated July 16, 2021 in order to standardise the use of rating scales.Regulation (f) of the Financial Services Act establishes criteria for each financial sector regulator or body.In the absence of the SEBI (Credit Rating Agencies) Regulations, 1999, ratings should be followed,scales set out in the Board’s circular dated June 15, 2011, or any other scales set forth in the Board’s circular dated June 13, 2019, or any other scales set forth in the Board’sBy March 31, 2022, the Board will have published a circular. Credit rating agencies have submitted requests for an extension of the date on which the requirements of section B of the aforementioned circular become effective. It has been decided to prolong the date of application of section B of the aforementioned circular due to representations received from credit rating agencies.On or before June 30, 2022, credit rating agencies must ensure compliance with the requirements/ conditions of section B of the aforementioned circular. This circular is issued in the exercise of the powers conferred on the Securities and Exchange Board of India by Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 20 of the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, to protect the interests of investors in securities and to promote the development and regulation of the securities market. For More Details and understanding the benefits CS Devyani Khambhati +91-98256-12234 Estabizz Fintech Private Limited