Regulatory Snapshot 2014

Posted by: Girija Gadre on Mon, Jan 5th, 2015

In the year 2014, the Securities and Exchange Board of India, SEBI, introduced new regulations and made changes to existing once through circulars and notifications. This infographic shows a timeline summary of these events. Read more

Impact of FATCA on investments by US persons

Posted by: Girija Gadre on Fri, Oct 17th, 2014

FATCA, a US legislation calls for reporting of offshore investments by US persons and places responsibility on foreign financial institutions to collect and report information. India, being a signatory, Indian Financial institutions must comply with FATCA rules. Investments and accounts of US based NRIs in India come under FATCA purview. Read more

Mutual Fund Industry Re-Energised, Indeed!

Posted by: Girija Gadre and Taruna Changulani on Mon, Oct 1st, 2012

When Sebi issued a circular on re-energising the mutual fund industry, it looked like a few aspects were left out.  The gazette amending the MF regulation was announced last week.  It carries all issues approved by the Sebi Board. In part 1 of three articles discussing the implications of these changes, we discuss the AMC angle in this blog. Read more

SEBI (Investment Advisors) Regulations, 2012 - A Review

Posted by: Uma Shashikant on Mon, Aug 20th, 2012

SEBI (Investment Advisors) Regulations 2012 have been approved by its Board on August 16, 2012. The SEBI press release on Board meeting decisions provides some highlights of these regulations. What are the likely implications for distributors of mutual fund products? Read more

Entry of QFIs Finally Enabled

Posted by: Girija Gadre on Sat, Jun 9th, 2012

The Government has been acting with mixed speed in implementing the decision to allow foreign retail investors (christened qualified foreign investors).  In the meanwhile, the rupee has depreciated steeply, global institutional capital flows have dried up and the investor interest in Indian capital markets has dwindled.  Will the SEBI Circular of June 7, 2012 make a difference? Read more