Sebi board clears various proposals, discusses tech in securities market

by Ahleper Tech
0 comment



Markets regulator Securities and Exchange Board of India on Thursday decided to provide flexibility to large corporates in raising funds through issuance of debt securities for incremental financing needs.


The decision was taken at the board meeting of the Securities and Exchange Board of India (Sebi) held here on Thursday.


In a release, Sebi said its board also discussed various trends in the securities markets, including technology trends.

Besides, the board has approved streamlining the framework for credit of unclaimed amounts of investors in listed entities to the Investor Protection and Education Fund (IPEF) and process of refund from the IPEF.

This will be applicable for listed entities other than companies, Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).


The regulator has also decided to extend the timeline for compliance with enhanced qualification and experience requirements for Investment Advisers (IAs).

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sep 21 2023 | 9:51 PM IST



Source link

You may also like

Leave a Comment

Ahelper Tech Is news websites where you can get latest news around the world .

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Laest News

@2023 – All Right Reserved. By Ahelper.tech