Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) (Amendment) Regulations, 2025 - SEBI/LAD-NRO/GN/2025/247 - SEBI
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Securitisation regulation updates: tightened eligibility, retention, disclosure and liquidity rules for securitised debt instruments. Amendments tighten securitisation eligibility and prohibited structures, introduce a minimum holding period and minimum retention requirements, expand trustee custodial and governance duties including a Code of Conduct and investor meeting protocols, mandate quarterly originator reports and half yearly Board filings, prescribe detailed liquidity facility conditions to prevent credit enhancement by third parties, require dematerialised issuance and specify minimum ticket sizes, and set transaction conditions such as asset homogeneity, full upfront payment, track record requirements with RBI regulated carve outs, and concentration limits subject to Board relaxation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Securitisation regulation updates: tightened eligibility, retention, disclosure and liquidity rules for securitised debt instruments.
Amendments tighten securitisation eligibility and prohibited structures, introduce a minimum holding period and minimum retention requirements, expand trustee custodial and governance duties including a Code of Conduct and investor meeting protocols, mandate quarterly originator reports and half yearly Board filings, prescribe detailed liquidity facility conditions to prevent credit enhancement by third parties, require dematerialised issuance and specify minimum ticket sizes, and set transaction conditions such as asset homogeneity, full upfront payment, track record requirements with RBI regulated carve outs, and concentration limits subject to Board relaxation.
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