Sebi proposes regulations for online bond platforms

Sebi proposes regulations for online bond platforms

The Securities and Exchange Board of India(Sebi) has proposed to bring online bond platforms that are selling listed debt securities under its regulatory framework. At present, debt securities can be issued either through a public issuance or on private placement basis. A public issue of debt securities is made through the online system of the … Read more

Sebi asks PMS managers for client deal data

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Mumbai: The Securities & Exchange Board of India (Sebi) has asked all portfolio management service (PMS) providers, who handle investments of the rich and ultra-rich, to submit information on the quantum of various securities bought by different kinds of clients. The communique from the capital market regulator, which came a week ago, has sparked speculation … Read more

MNC banks ask FPI managers not to sell NRI clients’ investments

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Besides, an NRI controlled investment manager (or the asset management company) running an FPI must register itself as a ‘non-investing FPI’ with Sebi. Synopsis FPIs have to bring down the aggregate contribution of NRIs and OCIs (along with resident Indians) in a fund to below 50% by December 31, 2020. Also, contribution by an NRI/OCI … Read more