In simple terms, consent order in relation to SEBI , it is an out-of-court settlement order between the regulator and a company wherein the company pays a penalty without admitting to the violation of regulations . “This is the first time when a forensic.
Sebi's rulings have come after they failed to pay the fines imposed on them by the regulator in April 2003 for violating securities regulation in the matter of .
After completion of the investigation, the regulator said it "did not find any adverse evidence/adverse findings in respect of violation of provisions of the PFUTP regulations in respect of ...244 entities". Accordingly, Sebi in an order passed on.
Recent signs of consolidation among Indian credit rating agencies, with market leader CRISIL acquiring an 8.9 per cent stake in rival CARE, appear to have prompted SEBI to moot a new set of regulations to improve the governance and regulatory framework.
Apart from the chairman and whole-time members, the regulatory body has seven executive directors handling various departments and functions like vigilance, enforcement, surveillance, market intermediaries, corporate finance, mutual funds , foreign .
A topic I hear discussed frequently is securities lending as a modern management technique to increase returns of mutual funds and ETFs ... If a lobby group approaches a regulator to ease regulations, it is mainly to increase the group's revenues.
It does not include funds covered under the SEBI ( Mutual Funds ) Regulations , 1996, SEBI (Collective Investment Schemes) Regulations , 1999 or any other regulations of the Board to regulate fund management activities. The Union Cabinet, on June 22, 2016, .
market regulator the Securities and Exchange Board of India (SEBI) is likely to introduce regulations on mutual fund ranking agencies such as Value Research and Morning Star. According to a consultation paper, SEBI has proposed that such companies will now.
Currently, there are over 2,000 schemes in the domestic mutual fund industry. “We have to wait and see how Sebi brings in regulations regarding the merger of schemes, as this exercise will be challenging for big fund houses. For example, if one scheme .
As per Sebi regulations , mutual funds can offer IAF facility of up to Rs 50,000, or 90 per cent of the value of the investment, whichever is lower. This facility is not available to non-resident Indians. Funds can provide this facility only in liquid.
India’s No. 1 mutual fund scheme by AUM in the April-June time period ... with the 10th biggest fund having nearly 70% of the assets of the top fund (See Table 2) The proposed Sebi regulations will do nothing about this “head of the distribution.
Dhirendra Kumar, CEO of fund tracking firm Value Research, said, “Rules on mergers will not take away fund houses' freedom to come up with new schemes. There could be difficulties in merger of schemes. If a fund house has, say, four tax-saving schemes .