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Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) (Amendment) Regulations, 2026.

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....SSUE AND LISTING OF SECURITISED DEBT INSTRUMENTS AND SECURITY RECEIPTS) (AMENDMENT) REGULATIONS, 2026 No. SEBI/LAD-NRO/GN/2026/304.- In exercise of the powers conferred under sub-section (1) of section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Issue and Li....

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.... it shall not have more than one representative on the board of the special purpose distinct entity and such representative shall not have veto power." II. in regulation 10, sub-regulation (3) without existing explanation shall be substituted with the following, namely - "(3) No special purpose distinct entity shall acquire any debt or receivables from any originator which is: ....

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....by the originator," shall be omitted. (c) in the clause (k), the word "originator", appearing twice, shall be substituted with the word "servicer" in both places. V. in regulation 19A, in the first proviso, - (a) the words and symbol "of the track record," appearing after the words "Provided that the conditions" and before the words "as specified in the", shall be omitte....

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....place of the trustee whose registration is suspended or cancelled,"; (b) the Explanation shall be omitted. VIII. in Schedule V, in clause 5.0, (a) the existing sub-clause (l) shall be renumbered as sub-clause (m); (b) after sub-clause (k), the following sub-clause shall be inserted namely, - "(l) Concentration risk arising due to single asset securitisa....