The Securities and Exchange Board of India (SEBI) has recently launched the Mutual Funds Lite (MF Lite) framework to streamline compliance for entities launching passively managed mutual fund schemes. This initiative aims to enhance investment diversification and facilitate the entry of new players into the mutual fund industry. What is Mutual Fund Lite? Mutual Fund … Read more
A key Ministry of Corporate Affairs (MCA) panel is considering devising a regulatory framework for large unlisted companies, including unicorns, to ensure better adoption and tighter scrutiny of corporate governance standards by them, a person aware of the details said. Under the proposed framework, such entities could be mandated to submit quarterly filings of financial … Read more
Taking a step to ease the fundraising by not-for-profit organisations, capital markets regulator Sebi on Tuesday proposed flexibility in the regulatory framework for social stock exchanges. Under the proposal, the regulator has suggested reducing the threshold of the minimum issue size as well as application size for not-for-profit organisations (NPOs). Additionally, it has suggested abolishing … Read more