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India’s market regulator SEBI has issued a consultation paper proposing amendments to Schedule II of the SEBI (Intermediaries) Regulations, 2008. The move aims to strengthen compliance, enhance transparency, and improve accountability of market intermediaries. Stakeholders are invited to provide feedback, shaping reforms critical to India’s capital market ecosystem.
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Key Highlights
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Regulatory Update: The Securities and Exchange Board of India (SEBI) has published a consultation paper on proposed amendments to Schedule II of SEBI (Intermediaries) Regulations, 2008.
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Objective: The amendments aim to streamline compliance requirements, improve disclosure standards, and ensure greater accountability among intermediaries such as brokers, investment advisors, and portfolio managers.
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Stakeholder Engagement: SEBI has invited public comments and industry feedback, reinforcing its commitment to participatory policymaking.
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Market Impact: Analysts suggest the reforms could strengthen investor confidence by tightening oversight and aligning regulatory practices with global standards.
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Future Outlook: The consultation process is expected to pave the way for updated frameworks that balance investor protection with ease of doing business in India’s capital markets.
Conclusion
SEBI’s consultation paper marks a critical step in regulatory evolution, aiming to modernize intermediary oversight while fostering transparency and investor trust. The feedback process will shape reforms vital to India’s growing capital market landscape.
Sources: Reuters, Economic Times, Business Standard
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