India’s market regulator has flagged the need for banks to step up safeguards around price-sensitive information, Securities and Exchange Board of India (Sebi) chairperson Tuhin Kanta Pandey said. The regulator has held multiple workshops with banks to strengthen internal controls and limit access to sensitive data, following its order alleging an insider trading scheme involving…
MUMBAI: The Securities and Exchange Board of India (Sebi) is set to soon release proposals on netting of foreign portfolio investor (FPI) trades and norms for a closing auction framework, Sebi chairman Tuhin Kanta Pandey said on Friday. “I think the consultation paper (on netting) will be out very, very soon,” Pandey said at Samvad,…
India’s market regulator is poised to clear a key hurdle for the initial public offering (IPO) of the National Stock Exchange (NSE), potentially bringing an end to years of regulatory and legal uncertainty surrounding the listing of the country’s largest stock exchange. “Sebi’s no-objection certificate will be issued soon, possibly before the end of this…
Stock market regulator Securities and Exchange Board of India (SEBI) will form a dedicated working group to examine recurring technical glitches in stock and commodity exchanges and prepare a roadmap to strengthen exchange technology over the next decade, SEBI Chairperson Tuhin Kanta Pandey has said. Source
