Sebi floats consultation paper on sachetisation of mutual funds; seeks public comment, ET LegalWorld
To increase the reach and facilitate participation from low-income groups in mutual funds, regulator Sebi on Wednesday floated a consultation paper on ‘sachetisation’ of mutual funds. In its consultation paper, Sebi has proposed a sachetized mutual fund product –small ticket systematic investment plan (SIP) of Rs 250. Further, small ticket SIPs can be offered in […]
Govt to frame guidelines on seizure of digital, paper records amid privacy concerns, ET LegalWorld
The Union government is preparing a unified set of guidelines for the seizure and handling of documents, both digital and paper, by investigative agencies, reported TOI. This comes as the focus shifts towards protecting personal conversations and documents unrelated to alleged crimes during investigations. A recent Supreme Court ruling had put a hold on the […]
Sebi modifies reporting timelines for commercial paper payment obligations, ET LegalWorld
Sebi on Friday modified the timeline for entities with listed commercial papers to report the status of their payment obligations within one working day of the payment due date, bringing it in line with the reporting requirements for non-convertible securities. The move will enhance transparency for stakeholders and ensure timely disclosures by the entities. In […]