SEBI partners with DigiLocker to reduce unclaimed assets, enhance investor protection
New Delhi, March 19 (IANS) The Securities and Exchange Board of India (SEBI) on Wednesday partnered with DigiLocker to help investors track their securities holdings and reduce unclaimed financial assets. This initiative, outlined in the SEBI’s circular titled “Harnessing DigiLocker as a Digital Public Infrastructure for Reducing Unclaimed Assets in the Indian Securities Market,” aims […]
SEBI to remove digital performance tracking from employee appraisals
New Delhi, March 13 (IANS) The Securities and Exchange Board of India (SEBI) has decided to remove the linkage of its digital Management Information System from employee appraisals. The regulator is now reassessing its performance review methods to bring in a more balanced approach, according to an NDTV Profit report. An internal circular has been […]
ICICI Securities pays Rs 80 lakh fine to settle SEBI’s margin trading violations
Mumbai, Feb 14 (IANS) ICICI Securities on Friday settled allegations of violating securities laws by paying a settlement amount of over Rs 80 lakh to the Securities and Exchange Board of India (SEBI). The violations were mainly related to margin trading facilities (MTF). The market regulator had accused ICICI Securities of not following the agreed […]
Paytm Money pays Rs 45.5 lakh fine to SEBI over regulatory lapses
Mumbai, Feb 13 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order against Paytm Money after the company paid Rs 45.5 lakh to resolve allegations of regulatory violations. The settlement order allows the financial services firm to avoid further legal proceedings related to the issue. The case originated from […]
SEBI proposes stricter rules for listed companies to strengthen corporate governance
New Delhi, Feb 9 (IANS) The Securities and Exchange Board of India (SEBI) has proposed new rules to improve corporate governance at listed companies. These proposals focus on revising the format of the Annual Secretarial Compliance Report (ASCR), setting eligibility criteria for appointing auditors, and introducing monetary limits for approvals of Related Party Transactions (RPTs). […]
