Addressing a press conference on Monday, Sebi chairperson Madhabi Puri Buch said the move was important since any participant entering the listed markets should be able to exit it. The regulator is also looking at reviewing the insider trading rules pertaining to ‘trading plans’ to be disclosed by company insiders.
Commenting on how Sebi has facilitated quicker settlement of various transactions including share sales, initial public offerings (IPOs) and mutual fund settlements, the Sebi chairperson said the day is not far when Indian markets could have instantaneous settlement of transactions.
The chairperson also said the regulator is exploring a new regulatory architecture for Indian markets wherein the markets regulator lays down its intent through rules and the industry bodies come up with standard practices.
Denne historien er fra July 25, 2023-utgaven av Mint Mumbai.
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Denne historien er fra July 25, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India in economic sweet spot, inflation to moderate: Moody's
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