Securities and Exchange Board of India (Sebi) has put together working groups in order to simplify regulations, ease and reduce the cost of compliance.
These working groups will look into the requirements to enhance the ease of compliance and reduce cost, according to a press release shared by the capital markets regulator on Wednesday.
Sebi has invited suggestions for specific regulations from public and regulated entities latest by November 6, 2023.
Currently, 16 working groups, under Sebi’s standing Advisory Committees, are reviewing the compliance requirements of various rules applicable to different regulated entities. These regulated entities include equity and debt listed companies, mutual funds, stock brokers, alternative investment funds, Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), portfolio managers, custodians, investment advisors and research analysts, the release said.
Also Read
Vedanta Demerger likely to reverse its past efforts of consolidation; Kotak maintains ‘Sell’ on stock Come from
Sports betting site VPbet The working groups announcement was made during the FY2023-2024 Union Budget speech.
Related Posts
In a historic feat, the Bombay Stock Exchange (BSE) has set a new record with over 29 crore contracts traded, reaching a peak Open Interest (OI) of 65.7, and boasting a remarkable notional turnover exceeding ₹192 lakh crore. The achievement marks a significant milestone in the exchange’s history and underscores the robust participation and confidence of market participants.
…
Read moreThe Securities and Exchange Board of India (Sebi) has issued additional surveillance measures aimed at curbing the misuse of pre-open call auction sessions for initial public offerings (IPOs). The new session, lasting 60 minutes from 9 am, will be structured with specific intervals for order entry, order modification, order cancellation, order matching, and trade confirmation.
“In…
Read moreIndia’s petroleum products exports may be marginally outpacing the overall outward shipments, but imports of these items are rising at a faster rate. As a result, the country’s self-sufficiency in oil products has been witnessing a decline from 14.5% in 2011-12 to 12.6% in 2022-23, and further to 12.3% in April-February this fiscal, according to data from the government’s Petroleu…
Read moreIt didn’t take long for a deft individual to bring the recently revealed Shield Saw from Doom: The Dark Ages to the original Doom. This is no mere decoration, either, as the modded item can be thrown to dice up enemies and also used to rip through them in close-quarters combat.
Spotted by IGN, a self-described amateur artist called Craneo on X (formerly known as Twitte…
Read moreApple’s latest iPad Pro models, announced at the company’s latest Spring Loaded event, are probably the biggest swing yet at trying to make the tablets fully fledged laptopsCome from Sports betting site VPbet. Most of that comes down to its internal guts, with the new iPad Pros sporting the same Apple M1 processor as its latest MacBook Pro…
Read moreThe largest casino-entertainment company in the United States and operator with one of the most diversified casino-entertainment providers in the world, Caesars Entertainment, announced the completion of the acquisition of WynnBET’s iGaming business in Michigan. The move represents a major expansion of the company in an important online gambling market. Read more
On Friday, November 4th, 2022, DraftKings, a daily fantasy sports (subset of fantasy sport games) contest provider and sports betting company, announced slower monthly user growth in the third quarter of the year that fell short of expected which caused the value of the shares to be very low, with 28% prior to the announcement.
Weak customer growth:
DraftKings is currently facing on…
Read moreThe Philippine Bureau of Immigration (BI) has mandated a significant exodus for approximately 20,000 foreign workers linked to Philippine Offshore Gaming Operators (POGOs) and Internet Gaming Licensees (IGLs). This directive follows a government order that these workers depart the country by September 24, reflecting a rigorous stance against the problematic sectors.<…
Read moreThe NOVOMATIC Digital Gaming and Entertainment division, Greentube, has released a new, improved version of its popular game, Ski Challenge. It’s a mobile version, which will make players worldwide happy since they can now play their favorite game anywhere. Read more
หลายคนอาจจะลืมไปแล้วว่าเกม The Legends of Zelda มีตัวละครนางเอกที่ชื่อว่า Zelda อยู่ (ส่วนตัวละครที่เราควบคุมได้นั้นชื่อว่า Link) โดยตัวละครนี้มักจะเป็นตัวละ�…
Read more