Category: SEBI

Foreign Exchange Management (International Financial Services Centre) Regulations, 2015

Pur­suant to announce­ment in the Union Bud­get 2015–2016 on Gujarat Inter­na­tion­al Finance Tec-City (GIFT), SEBI Board has approved SEBI (Inter­na­tion­al Finan­cial Ser­vices Cen­tres) Guide­lines, 2015. These guide­lines facil­i­tate and reg­u­late finan­cial ser­vices relat­ing to secu­ri­ties mar­ket in an Inter­na­tion­al Financial…

SEBI budget for the year 2015–16

While approv­ing the SEBI bud­get for the year 2015–16, the Board not­ed and approved the fol­low­ing pol­i­cy ini­tia­tives that may be tak­en dur­ing the FY 2015–16: (i) Exten­sive and inte­grat­ed use of tech­nol­o­gy to facil­i­tate and fur­ther ease the investing…

SEBI strives to cut costs for IPOs

The aver­age expense for the five Ini­tial Pub­lic Offers (IPOs) of stock in 2014 was 7.1 per cent of the issue pro­ceeds. Unsur­pris­ing, then, that the word ‘cost’ was used sev­en times in a dis­cus­sion paper on Rre­vis­it­ing the capital…

Sebi considers penalties to prevent self-trades

Con­cerned that ‘self-trades’ are dis­turb­ing mar­ket equi­lib­ri­um, the Secu­ri­ties and Exchange Board of India (Sebi) is plan­ning penal action against mar­ket par­tic­i­pants doing this. Sources say the mar­ket reg­u­la­tor has seen an increase in such trades, with the aim of creating…

SEBI notifies new ESOP regulations

Mar­ket reg­u­la­tor Sebi has noti­fied new ESOP reg­u­la­tions, includ­ing for pur­chase of shares by employ­ee wel­fare trusts from the sec­ondary mar­ket with ade­quate safe­guards. The Secu­ri­ties and Exchange Board of India (Sebi) has allowed com­pa­nies to have employ­ee stock option pro­grammes where they can buy…

SEBI issues guidelines on one-time registration process

Sebi on Mon­day issued guide­lines to stock exchanges and clear­ing hous­es that require them to share infor­ma­tion about their mem­bers, among oth­ers, as part of stream­lin­ing the reg­is­tra­tion process for mar­ket enti­ties. The Secu­ri­ties and Exchange Board of India (Sebi) had…

Clarification on Government Debt Investment Limits

The gov­ern­ment is like­ly to expand the scope of Served from India Scheme (SFIS) by allow­ing exporters to trade the tax incen­tives earned by them in a bid to spur ser­vices exports.

The incen­tives are in the form of duty cred­it scrips that can be used to pay the cus­toms duty on input imports of cap­i­tal goods or consumables.

If the incen­tives are made trad­able, exporters from sec­tors such as edu­ca­tion, health­care, health­care, con­sul­tan­cy and real estate that do not import much will be able to sell them in.…..