SEBI Launches ‘Settlement Calculator (BETA Version)’ to Provide Transparency in Calculating Settlement Amounts
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- By Chetan Kulasri
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- Last Updated on 31 May, 2024
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PR No. 09/2024; Dated: 30.05.2024
SEBI has launched the ‘Settlement Calculator (BETA Version)’ in order to provide more transparency in the process of arriving at the indicative settlement amount, as per the parameters laid down in SEBI (Settlement Proceedings) Regulations, 2018.
This Settlement Calculator contains fields for the applicant to identify the violations and select the appropriate options regarding their past regulatory track record based on SEBI’s actions and the details of other ongoing proceedings, if any, on the date of filing the settlement application.
Further, the Settlement Calculator includes a user-friendly guide video to help users understand the process of arriving at the indicative settlement amount.
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