Onshore rupee bonds declared securities, bringing multilateral institution issues within securities regulation.
Central Government declares that onshore rupee bonds issued by multilateral development institutions qualify as securities within the meaning of Section 2(h) of the Securities Contracts (Regulation) Act, 1956, thereby bringing those instruments within the regulatory scope applicable to securities.

Extension of jurisdiction: Hyderabad local office to exercise regulatory and investor protection functions over Telangana and Andhra Pradesh.
Extension of jurisdiction of the Local Office at Hyderabad broadens its territorial remit to include both the State of Telangana and the State of Andhra Pradesh, and the Local Office will continue to perform regulatory functions including investor protection, facilitating redressal of investor grievances, financial and investor education, and other functions as may be assigned.

Establishment of Local Office increases investor protection and grievance redressal authority in Uttarakhand under SEBI jurisdictional oversight.
SEBI has established a Local Office at Dehradun under the administrative control of its Northern Regional Office, exercising powers under section 3(4) of the SEBI Act, 1992. The Local Office will handle investor protection, facilitate investor grievance redressal, provide financial and investor education, and perform other assigned functions within the territorial jurisdiction of the State of Uttarakhand.

Regulatory fee changes revise securities application, registration and listing charges and require exchanges to collect and remit fees.
Regulations update fee schedules across SEBI rules by raising application, registration, scheme and annual charges, introducing percentage based regulatory fees, and adding a new annual charge payable by depositories based on custody charges. Designated stock exchanges are empowered to collect regulatory fees on private placement listings and remit them monthly to the Board. The amendments substitute revised fee slabs, minimums, caps and percentage formulas in multiple Schedules and insert procedural provisions for payment and remittance.

Sponsor investment requirement mandates sponsor or AMC to invest in scheme growth option and lock that investment until wind-up.
Regulation 21(f) raises monetary net worth thresholds to fifty crore, updates a reference year, extends a continuity period to three years, omits a proviso, and permits AMCs limited to infrastructure debt funds to operate with a lower net worth floor of ten crore. Regulation 28 now requires sponsors or AMCs to invest a prescribed minimum in the growth option of new fund offers and existing schemes, subject to a lock-in until scheme wind-up, with an exclusion for close-ended schemes and a one-year timeline for investing for existing schemes.

KYC verification: intermediaries must download client details from KRA and upload updates, retaining physical documents.
Intermediaries must verify and download client KYC details from the KRA system when a client approaches another intermediary; upon receipt or knowledge of any change in a client's KYC details or status the intermediary must upload the updated information to the KRA system and retain the physical documents.

Renewal of recognition under the Securities Contracts (Regulation) Act granted to United Stock Exchange subject to compliance conditions.
Renewal of recognition is granted to United Stock Exchange of India Limited under Section 4 of the Securities Contracts (Regulation) Act, 1956 for a one year period commencing in March 2014 and ending in March 2015 in respect of contracts in securities, subject to the condition that the Exchange shall comply with such conditions as may be prescribed by the securities market regulator from time to time.

IPO grading optionality now permitted for issuers; disclosure formats updated and statement of assets standardized.
Regulation 26(7) permits an issuer making an initial public offer to obtain IPO grading from one or more credit rating agencies registered with the Board. Several Schedule VIII and Schedule XIII provisions and advertisement formats are amended to insert "(if applicable)" or ", if applicable" after references to IPO grading, making grading references conditional. The illustrative Statement of Assets and Liabilities in Schedule VIII is replaced by a tabular format specifying shareholders' funds, non-current and current liabilities and assets with sub-items across reporting years.

Shelf prospectus eligibility: qualifying issuers may file shelf prospectuses subject to financial, rating, disclosure and issuance limits.
The amendment permits specified issuers to file a shelf prospectus for public issuance of debt securities, defines key terms by reference to the Companies Act, lists eligible entities and financial, rating and conduct criteria (including net worth, profit track record, minimum rating, absence of regulatory action and no defaults), requires filing an information memorandum with exchanges and the Board containing Companies Act disclosures, a term sheet, rating updates and financial ratios, and limits issuances under one shelf prospectus to four.

Certification requirement for investment advisers mandates higher-level NISM certification or accepted CFP qualification as alternative.
Investment advisers and their associated persons offering investment advice must obtain NISM-Series-X-B (Investment Adviser Level 2) certification under Regulation 3; this reiterates the earlier foundational NISM requirement and prescribes the Level 2 examination as requisite. An exemption applies for persons holding the Certified Financial Planner qualification from FPSB India obtained by the notification date or within thirty days thereafter. Alternatively, certification may be obtained from organizations accredited by NISM to satisfy the relevant investment adviser regulation's certification requirement.

Certification requirement: Series-IV IRD certification mandatory for currency-derivatives approved users and sales personnel; deadline extended.
Trading members registered in the currency derivatives segment and trading in interest rate derivatives must ensure all existing approved users and sales personnel obtain Series-IV: IRD certification within two years from this notification; persons employed after this date must obtain Series-IV: IRD certification within one year of employment.

Eligibility expansion in securities rules broadens recognised institutional participants to include insurers, pension funds and primary dealers.
Amendment to rule 8 broadens referenced items from (a)-(k) to (a)-(n), substitutes item (c) to recognise insurance companies registered under the Insurance Act, omits former item (d), and inserts three new categories: the Central Board of Trustees of the Employees' Provident Fund, pension funds regulated by the Pension Fund Regulatory and Development Authority, and Standalone Primary Dealers authorised by the Reserve Bank of India. The amendment is titled the Securities Contracts (Regulation) (Amendment) Rules, 2014 and comes into force on publication in the Official Gazette.

Search and seizure procedure for securities regulation: delegated rules set operative safeguards and documentation for enforcement actions.
Establishes a statutory framework prescribing procedures for search and seizure in relation to securities market regulation, made under the regulator's powers under the securities law; it authorizes conduct of search and seizure operations and sets procedural safeguards, documentation requirements, and custody and inventory obligations for seized material to operationalise enforcement and evidence-preservation mechanisms.

Collective investment scheme registration required for arrangements deemed CIS; must dematerialize units, use non-cash subscriptions and follow KYC.
Any scheme or arrangement deemed to be a collective investment scheme under the proviso to section 11AA must apply for registration as a Collective Investment Management Company in Form A; schemes regulated or prohibited under other laws are excluded. The Collective Investment Management Company must enter into a depository agreement for dematerialization of units, accept subscription monies only through non cash banking channels, and comply with Board specified KYC norms. Existing schemes at commencement are deemed existing collective investment schemes and must apply for provisional registration as specified in regulation 5.

Restitution from disgorged amounts prioritised for identifiable investors harmed by securities-law violations, subject to a seven-year claim bar.
Disgorged amounts and accrued interest credited to the Investor Protection and Education Fund shall, where the Board deems fit, be utilised solely for restitution to eligible and identifiable investors harmed by securities-law violations; remaining monies after earmarking may be applied for other Fund purposes, and no claim against disgorged amounts in a specific case shall be admissible after seven years from the date the Board invited claims for disgorgement.

Settlement of administrative and civil proceedings establishes procedure and terms for resolving SEBI regulatory matters extrajudicially.
Provides a regulatory framework prescribing the terms and procedure for settlement of administrative and civil proceedings under the securities laws, enabling SEBI to resolve enforcement matters through negotiated settlements that define obligations, conditions and processes for concluding proceedings without formal adjudication or litigation, and grounding the scheme in SEBI's statutory powers under the SEBI Act, the Securities Contracts (Regulation) Act and the Depositories Act.

Foreign portfolio investment framework establishes registration and procedural regime under SEBI and Depositories Acts for investors.
SEBI issues a regulatory framework to establish the regime for registration and procedures for foreign investors proposing portfolio investment in India, made under powers of the Securities and Exchange Board of India Act and Section 25 of the Depositories Act, 1996.