Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
The Master Circular consolidates and updates the regulatory framework for SEBI-registered merchant bankers, rescinding listed earlier circulars while preserving prior actions, rights, liabilities, penalties and pending applications. It requires portal-based registration and regulatory requests, prior approval for changes in control, and fresh registration for specified business transfers. It prescribes phased capital adequacy and liquid net worth compliance, professional certification, an independent compliance officer, and relevant experience for principal officers. Merchant bankers must submit half-yearly compliance reports, disclose issue track records and investor complaints, maintain investor charters, protect critical data, restrict outsourcing of core activities, manage conflicts of interest, and segregate non-SEBI-regulated activities through separate business units.
The Master Circular consolidates and updates the regulatory framework for SEBI-registered merchant bankers, rescinding listed earlier circulars while preserving prior actions, rights, liabilities, penalties and pending applications. It requires portal-based registration and regulatory requests, prior approval for changes in control, and fresh registration for specified business transfers. It prescribes phased capital adequacy and liquid net worth compliance, professional certification, an independent compliance officer, and relevant experience for principal officers. Merchant bankers must submit half-yearly compliance reports, disclose issue track records and investor complaints, maintain investor charters, protect critical data, restrict outsourcing of core activities, manage conflicts of interest, and segregate non-SEBI-regulated activities through separate business units.
Note: It is a system-generated summary and is for quick reference only.
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