Page 92 - Latest Updates on SEBI
Recovery in NAV supports winding up decision, says Franklin Templeton
Says current NAV of each of the six schemes is higher than on April 23, 2020, the AUM on which date was considered while returning amounts to unitholders
 "Recovery in NAV supports winding up decision, says Franklin Templeton")
Make KYC norms non-mandatory: FPIs' lobby group tells Sebi
The industry body has requested the regulator to permit updation of landline numbers of the officials instead of mobile numbers
 "Make KYC norms non-mandatory: FPIs' lobby group tells Sebi")
Sebi's Franklin Templeton order sends ripples across MF industry
Fund houses to review investment processes; opt for safety over returns
 "Sebi's Franklin Templeton order sends ripples across MF industry")
Sebi fines Franklin MF Rs 5 cr, asks it to return Rs 512 cr fund mgt fees
US-headquartered asset manager has been barred from launching any new debt scheme for two years
Franklin Templeton disagrees with Sebi order; to challenge direction in SAT
Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020
Sebi asks debt MFs to do a second risk-assessment label for investors
At present, they have to follow the only the risk-o-meter labelling system
 "Sebi asks debt MFs to do a second risk-assessment label for investors")
Sebi penalises Vivek Kudva and family Rs 7 cr for redeeming FT units
Imposes one-year market ban, orders transfer of Rs 22 crore
Paytm makes offer for sale ahead of planned IPO; AGM on June 30
The board of One97 Communications Ltd, which owns Paytm, has given an in-principle approval to the offering plan
 "Paytm makes offer for sale ahead of planned IPO; AGM on June 30")
Top headlines: Vaccination to be centralised, says PM; Sebi fines FT AMC
Business Standard brings you the day's top headlines
 "Top headlines: Vaccination to be centralised, says PM; Sebi fines FT AMC")
Debt mutual funds: Sebi asks for disclosure based on interest, credit risk
In this regard, a display table has been made mandatory from December 1, 2021
Sebi fines Franklin Templeton AMC, bars launch of new debt scheme for 2 yrs
FT AMC asked to refund investment mgmt and advisory fees collected from June 4, 2018 till Apr 23, 2020 with respect to the six debt schemes inspected along with simple interest at rate of 12%/annum
Sebi streamlines framework on centralised database for corporate bonds
Under this, it has provided an updated list of data fields to be maintained in the database along with the manner of filing the same, Sebi said in a circular
Sebi increases overseas investment cap for individual MFs to $1 bn
Earlier limit was $600 mn; overall industry limit of $7 billion
Sebi gives foreign investors more time to furnish contact, income details
The regulator is also meeting custodians this week to thrash out a solution and address investors' concerns
Sebi frowns on InvITs with too few investors, asks them to expand base
The regulator is concerned about the structure being used for getting around tax requirements, according to a sources
 "Sebi frowns on InvITs with too few investors, asks them to expand base")
Sebi permits off market transfers to ease fund relocation to IFSC
Sebi regulations at present do not allow cashless transfers of securities between FPIs with different permanent account numbers
 "Sebi permits off market transfers to ease fund relocation to IFSC")
Sebi bans eight, including 2 company staff, for insider trading in Infosys
Illegal gains worth Rs 3.06 crore impounded
 "Sebi bans eight, including 2 company staff, for insider trading in Infosys")
Infosys to initiate internal investigation into insider trading case
Infosys on Tuesday said it will initiate an internal investigation into an insider trading matter after markets regulator Sebi barred two of its employees from the securities market in the case.
Sebi bans Capital Heed Financial's proprietor for violating adviser rules
Sebi has barred Capital Heed Financial Research's sole proprietor Shailendra Sen from the capital markets for providing false information to the regulator in his application for registration
 "Sebi bans Capital Heed Financial's proprietor for violating adviser rules")
Sebi issues guidelines for off-mkt transfer of securities by FPIs to IFSC
Markets regulator Sebi on Tuesday came out with guidelines for relocation of foreign funds to the International Financial Services Centre (IFSC)