New rules for Real Estate Investment Trusts (REITs)! Issued by SEBI, these rules combine all past circulars. Stay compliant!
New amendment allows unitholders in Real Estate Investment Trusts to nominate a director on the Board of Directors of the Manager.
SEBI consolidates circulars for Mutual Funds. New Master Circular supersedes previous one. Rescinded circulars listed, actions remain valid.
SEBI mandates valuation of AT-1 Bonds by MFs based on Yield to Call, aligning with NFRA's Ind AS 113 recommendation for market valuation.
AMCs Must Implement Systems to Detect Market Abuses, CEO/MD & Compliance Officer Held Accountable, Reports to SEBI Required.
SEBI renews recognition of National Commodity Clearing Ltd as clearing corp from 10/09/2022 to 09/09/2025 under regulations.
Amended ICDR Norms: Senior management under KMP disclosure, offer doc details on remuneration, shareholding & agreements mandated.
SEBI amends Mutual Fund rules for market abuse deterrence, whistle-blower policy, exempting recording communications. CEOs accountable.
University Funds & Endowments exempted from extra disclosures if: <25% Indian equity, >Rs. 10K cr global AUM, non-profit status.
SEBI amends delisting norms: promoter group defined, trade curbs, certifications, 90% shareholding threshold, relaxations for small firms.
Securities contracts rules revised: Exchanges to disclose shareholding quarterly. Core fund omitted. Schedules trimmed. Investment policy updated.
Insider Trading Rules for Mutual Funds: Key Terms, Prohibitions, and Compliance Measures to Prevent Violations.
SEBI mandates new insider trading rules effective Nov 1, 2024 under SEBI Act, 1992.
SEBI amends AIF Regulations, adds new chapter for migrated venture capital funds with eligibility criteria, investment norms & restrictions.
Master Circular regulates ESG Rating Providers. Specifies requirements, obligations. Board responsible for compliance.
SEBI allows ESG Rating Providers to rate products/issuers in IFSC under IFSCA guidelines. Aims to protect investors & promote market.
SEBI allows CRAs to rate under IFSCA norms. IFSCA to oversee CRAs' IFSC ops, complaints & enforcement. Effective immediately.
Court Orders Liquidation of Assets via Public Auctions to Refund Investors; Interim Bail Granted to Petitioners.
REITs allowed employee benefit schemes via trust. Unitholder nod needed to introduce, exceed limits. Disclosure norms for explanatory statement, repor...
Comprehensive rules for unit-based employee benefit schemes in InvITs cover trust deeds, terms, disclosures, approvals, accounting & acquisition.