The FinTech Hub
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has released a set of most important terms and conditions which must become the part of the investment advisory agreement between investor and the investment advisor. These important terms and conditions must include a term wherein the invesment advisor must not guarantee…
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Friday issued a circular outlining guidelines on the transfer and transmission of shareholding among immediate relatives and in specific types of intermediary firms, with the aim of streamlining the regulatory process and safeguarding investor interests in the securities market. The circular provides clarity…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to give relief to those investors who have lost track of their mutual fund investment. By releasing a draft circular on Tuesday, Sebi has expressed the intent to launch a service platform, MITRA or Mutual Fund Investment Tracing…
Source: Live Mint If you are a retail investor and your phone number is linked to your demat account then you must be aware that no one else is permitted to use the same mobile number and email ID. And understandably so! This is essentially meant to maintain privacy and confidentiality of investment made by individual…
Source: Live Mint Mumbai: The Securities and Exchange Board of India (Sebi) On Tuesday issued a draft circular inviting public feedback on the criteria for recognizing digital platforms as Specified Digital Platforms (SDPs). According to Sebi, the recognition of these platforms is crucial to ensure they do not enable illegal activities related to securities, such…
Source: Live Mint Markets regulator Sebi, on Monday, extended the timeline to January 2025 for social enterprises that have registered or mobilised funds through the social stock exchange to submit annual disclosures and an ‘annual impact report’ for the financial year 2023-24. Social enterprises must make annual disclosures and submit ‘annual impact report’ to the…
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…
Source: Live Mint Stock market changes: Effective October 1, the Indian financial markets will see significant changes. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have introduced new transaction fees for brokers across various segments. Additionally, the government has implemented a new tax regime for share buybacks, taxing them as dividends. Furthermore, the…
Source: Live Mint The capital markets regulator Securities and Exchange Board of India (Sebi) has cut down on the timeline for listing of debt securities and non-convertible redeemable preference shares (NCRPS) to T+3 working days from the current T+6 redeemable working days. Initially, it will be introduced as an option to issuers for a period of one…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has directed that all individual investors applying for public issues of debt securities through intermediaries for amounts up to ₹5 lakh should only use UPI for blocking the required funds. The investors should provide a bank account-linked UPI ID in the bid-cum-application…
