Securities and Exchange Board of India (Sebi) has put together working groups in order to simplify regulations, ease and reduce the cost of compliance.
These working groups will look into the requirements to enhance the ease of compliance and reduce cost, according to a press release shared by the capital markets regulator on Wednesday.
Sebi has invited suggestions for specific regulations from public and regulated entities latest by November 6, 2023.
Currently, 16 working groups, under Sebi’s standing Advisory Committees, are reviewing the compliance requirements of various rules applicable to different regulated entities. These regulated entities include equity and debt listed companies, mutual funds, stock brokers, alternative investment funds, Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), portfolio managers, custodians, investment advisors and research analysts, the release said.
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The working groups announcement was made during the FY2023-2024 Union Budget speech. Come from Sports betting site VPbet
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