NPCI-based bank account validation for IEC applications and modifications enables real-time validation; incorrect details block submission or trigger ...
Creation/Invocation of pledge of securities through depository system: standardized pledge forms, notice requirement and invocation notifications to p...
Calendar Spread margin benefit for Single Stock Derivatives suspended on expiry day for expiring contracts; exchanges must implement systems and rule ...
Proportionate interest, unexplained credits and partner remuneration disputed; proofs of fund nexus and lender identity were decisive and disallowance...
Capital gains valuation from stamp assessment versus net consideration for residential reinvestment: deemed stamp value replaced for gains but not for...
SEBI prescribes uniform compliance reporting formats for Specialized Investment Funds (SIFs) by applying to SIFs all reporting requirements under the SEBI (Mutual Funds) Regulations, 1996, the MF Master Circular dated June 27, 2024, and related circulars, thereby subjecting SIFs to the same compliance reporting regime as mutual funds. The Compliance Test Report format is modified to add a new Part IV requiring AMCs managing SIFs to report additional SIF-specific compliance (including minimum investment threshold, strategy characteristics, fee/expense limits, investment and issuer-concentration restrictions, derivatives, product differentiation, disclosures, subscription/redemption, listing, benchmarking, distribution, risk band, and scenario analysis), increasing mandatory periodic attestations within the CTR. The Half-Yearly Trustee Report format is modified to add Clause 72A requiring trustees to report SIF-specific governance and compliance matters, expanding trustee oversight reporting, with effect from January 8, 2026.
SEBI prescribes uniform compliance reporting formats for Specialized Investment Funds (SIFs) by applying to SIFs all reporting requirements under the SEBI (Mutual Funds) Regulations, 1996, the MF Master Circular dated June 27, 2024, and related circulars, thereby subjecting SIFs to the same compliance reporting regime as mutual funds. The Compliance Test Report format is modified to add a new Part IV requiring AMCs managing SIFs to report additional SIF-specific compliance (including minimum investment threshold, strategy characteristics, fee/expense limits, investment and issuer-concentration restrictions, derivatives, product differentiation, disclosures, subscription/redemption, listing, benchmarking, distribution, risk band, and scenario analysis), increasing mandatory periodic attestations within the CTR. The Half-Yearly Trustee Report format is modified to add Clause 72A requiring trustees to report SIF-specific governance and compliance matters, expanding trustee oversight reporting, with effect from January 8, 2026.
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