https://www.taxtmi.com/highlights?id=83548 Amendments to SEBI (Merchant Bankers) Regulations: 1. Removing the requirement of minimum two years of experience for employees of merchant bankers. Instead, requiring at least two employees professionally qualified in finance, law, accountancy or business management. 2. Merchant bankers to take all necessary steps for grievance redressal instead of just "adequate" steps. Removing the requirement to inform SEBI about complaints received. 3. Merchant bankers granted registration must ensure market making as per SEBI regulations. 4. Clearly defining responsibilities of lead managers, especially regarding disclosures, allotment and refunds in offer documents. 5. Restricting merchant bankers from lead managing issues if they are promoters/assoc..... en-us Sat, 30 Nov 2024 14:06:25 +0530 Sat, 30 Nov 2024 14:06:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=83548 Amendments to SEBI (Merchant Bankers) Regulations: 1. Removing the requirement of minimum two years of experience for employees of merchant bankers. Instead, requiring at least two employees professionally qualified in finance, law, accountancy or business management. 2. Merchant bankers to take all necessary steps for grievance redressal instead of just "adequate" steps. Removing the requirement to inform SEBI about complaints received. 3. Merchant bankers granted registration must ensure market making as per SEBI regulations. 4. Clearly defining responsibilities of lead managers, especially regarding disclosures, allotment and refunds in offer documents. 5. Restricting merchant bankers from lead managing issues if they are promoters/assoc..... Highlights SEBI Sat, 30 Nov 2024 14:06:25 +0530 https://www.taxtmi.com/highlights?id=83548