Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) business after obtaining approval from the regulator. In a circular today, the market watchdog stated that the initiative is part of its broader efforts to promote ease of doing business and simplify compliance in the capital market … Read more

Sebi relaxes F&O monitoring norms for intraday limits, removes penalty for breach

Sebi relaxes F&O monitoring norms for intraday limits, removes penalty for breach

Market regulator Securities and Exchange Board of India (Sebi) on Friday said that exchanges will monitor a minimum of four position limits for index derivatives intraday from April 1, 2025 while clarifying that a breach of existing position limits will not be a violation amounting to a penalty. It has also directed BSE and NSE … Read more