SEBI introduces regulatory framework to facilitate online bond platform providers

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  • Last Updated on 3 October, 2022

online bond platform

Press Release no. 29/2022, dated: 30.09.2022

The SEBI has decided to introduce a regulatory framework to facilitate providers of the online bond platform. Under this framework, online bond platform providers should register as stock brokers under the debt segment with the SEBI. Also, the SEBI cleared a proposal to reduce the face value of listed privately placed debt securities. Further, the SEBI issue a procedural circular detailing the specifics and mechanics of the operations of the online bond platform providers.

In addition to this, the Board has approved of the proposals relating to the reduction in the minimum holding requirement of units from 25% to 15% by sponsor(s) and sponsor group(s) of the total outstanding units of the Real Estate Investment Trusts on a post initial offer basis.

Also, the Board cleared the proposals relating to discontinuation of a separate regulatory framework for unlisted Infrastructure Investment Trusts (InvITs).

Click Here To Read The Full Circular

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