ISSUANCE AND LISTING OF PERPETUAL DEBT INSTRUMENTS, PERPETUAL NON-CUMULATIVE PREFERENCE SHARES AND SIMILAR INSTRUMENTS - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
ISSUANCE AND LISTING OF PERPETUAL DEBT INSTRUMENTS, PERPETUAL NON-CUMULATIVE PREFERENCE SHARES AND SIMILAR INSTRUMENTS - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
Registration requirement for online bond platform providers requires stock broker certification or permitted transitional operation with pending application. No person may act as an online bond platform provider without a certificate of registration from the Board as a stock broker; registered providers must ... Summary
Registration requirement for online bond platform providers requires stock broker certification or permitted transitional operation with pending application.
No person may act as an online bond platform provider without a certificate of registration from the Board as a stock broker; registered providers must comply with conditions of registration and any additional Board-specified requirements. A transitional allowance lets persons operating prior to the regulation's commencement continue for a limited period or until disposal of a timely application. The Chapter defines an online bond platform as an electronic system, excluding recognised stock exchanges and electronic book provider platforms, for offering and transacting listed or proposed-to-be-listed debt securities.
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