https://www.taxtmi.com/circulars?id=66273 SEBI consolidates operational requirements for Debenture Trustees effective April 1, 2023: mandatory online registration and designated regulatory communications; detailed due diligence and documentation obligations at appointment and security creation; requirement to verify and register charges within 30 days; issuance of prescribed due-diligence certificates; mandatory use of a depository-hosted Security and Covenant Monitoring System with unique Asset IDs for recording assets, covenants, charge registration, payment status and credit ratings; ongoing monitoring, disclosures, Recovery Expense Fund operation, investor grievance integration with SCORES, and half-yearly compliance reporting to SEBI. en-us Fri, 31 Mar 2023 00:00:00 +0530 Mon, 10 Apr 2023 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66273 SEBI consolidates operational requirements for Debenture Trustees effective April 1, 2023: mandatory online registration and designated regulatory communications; detailed due diligence and documentation obligations at appointment and security creation; requirement to verify and register charges within 30 days; issuance of prescribed due-diligence certificates; mandatory use of a depository-hosted Security and Covenant Monitoring System with unique Asset IDs for recording assets, covenants, charge registration, payment status and credit ratings; ongoing monitoring, disclosures, Recovery Expense Fund operation, investor grievance integration with SCORES, and half-yearly compliance reporting to SEBI. Circulars SEBI Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66273