Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) (Amendment) Regulations, 2026. - SEBI/LAD-NRO/GN/2026/304 - SEBI
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Securitisation governance and investor-risk rules tightened with limits on board representation, trustee conflicts, and single-asset concentration risk. Amendments to the Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008 introduce changes to governance, eligibility, disclosure, and risk classification in securitisation structures. They limit board representation by an RBI-regulated originator, prohibit acquisitions from originators linked to the trustee, replace references to originator with servicer in specified provisions, expand investor-interest based action under regulation 20, update trustee replacement language under regulation 45, and add concentration risk from single asset securitisation in Schedule V.
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Securitisation governance and investor-risk rules tightened with limits on board representation, trustee conflicts, and single-asset concentration risk.
Amendments to the Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008 introduce changes to governance, eligibility, disclosure, and risk classification in securitisation structures. They limit board representation by an RBI-regulated originator, prohibit acquisitions from originators linked to the trustee, replace references to originator with servicer in specified provisions, expand investor-interest based action under regulation 20, update trustee replacement language under regulation 45, and add concentration risk from single asset securitisation in Schedule V.
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