India's market regulator has eased nomination requirements for demat accounts and mutual fund investments. The changes take effect on September 1, 2026. They aim to simplify the process for investors while addressing unclaimed assets.
SEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination becomes mandatory for single holders unless they opt out. It remains optional for joint accounts.
India's securities regulator Sebi and the Central Board of Direct Taxes have relaxed permanent account number compliance requirements for foreign portfolio investors. The changes address concerns over complex onboarding processes. They aim to simplify documentation and support continued foreign investment in Indian markets.
Imeripotiwa na AI
India's market regulator is proposing changes to speed up fundraising for alternative investment funds. A new green channel would allow certain schemes to launch immediately while waiting periods for regular schemes would be reduced.
India's market regulator Sebi has barred seven individuals from the securities market. The action follows allegations that they generated Rs 58 crore in wrongful gains through social media stock tips.
Imeripotiwa na AI
India's market regulator has sent a show cause notice to six Capital Group foreign portfolio investors over alleged breaches of trade confidentiality. The action follows claims that sensitive order details were shared improperly, enabling front-running activities.