SEBI Tightens Up Problem of Rate Of Interest Norms, Reduces FPI Rules
Mumbai– The Stocks and Exchange Board of India (SEBI) approved considerable procedures aimed at enhancing openness and facilitating ease of business during its board meeting on Monday. The step follows concerns raised regarding prospective problems of rate of interest.
- Dispute of Passion: New guidelines restrict SEBI staff members, consisting of the chairman and Whole-Time Members, from trading in equity and equity-related instruments.
- FPI Laws: Foreign Profile Financiers (FPIs) can now resolve cash money market transactions on an internet basis, decreasing costs.
- Independent Directors: SEBI stressed the critical duty of independent supervisors in supporting ethical requirements and liability, following a recent high-profile resignation.
