The FinTech Hub
Source: Live Mint Mumbai: The market regulator has clarified that it is neither mandatory for digital platforms to seek recognition as a ‘specified digital platform’, nor are they directly governed by Sebi regulations. The Securities and Exchange Board (Sebi) had on 29 August said that regulated individuals or entities, such as stock exchanges, clearing corporations,…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has issued new directives for Market Infrastructure Institutions (MIIs) to develop internal Standard Operating Procedures (SOPs) for disciplinary actions against Key Managerial Personnel (KMPs) in case of non-compliance with regulatory requirements and internal guidelines. The SOPs must be approved by the Nomination and Remuneration…
Source: Live Mint The market regulator on Wednesday asked regulated entities—including recognized stock exchanges, clearing corporations, and depositories— to terminate any existing contracts with unregistered financial advisers like financial influencers within three months. The latest circular of the Securities and Exchange Board of India (Sebi) follows its decision of June 27 to bar association with…
Source: Live Mint The market regulator has proposed new draft rules to create a standardized policy for sharing financial market data with research institutions, analysts and other stakeholders. The Securities and Exchange Board of India (Sebi) had formulated a data-sharing policy in 2018 for analytics projects, research activities, and more. Since its inception, the regulator…
Source: Live Mint The Securities and Exchange Board of India (Sebi) had first introduced new stress testing methodologies for determining credit exposure in CCs, including both hypothetical and historical scenarios to calculate potential losses when closing out client positions on October 16, 2023. CCs confirm, settle and ensure delivery of securities for trading on an…
