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MUMBAI: The board of markets regulator Sebi on Monday approved some major changes to the disclosure rules governing the chairman, whole time members (WTMs) and other senior officials of the body. These changes, including public disclosure of their own assets and liabilities, and of their family members, were mostly based on the recommendations of the…
Inadequate Info Delays Nod From Regulator, Impacts Cos’ Fund-Raise Plans, Says Pandey MUMBAI: Sebi chief Tuhin Kanta Pandey on Thursday said that companies need to be more attentive about disclosures in offer documents for public offers, especially about risk factors, valuations and usage of funds. He said that due to lack of adequate disclosures, the…
Markets regulator Sebi has introduced a new turnover-linked framework to define what qualifies as a material related party transaction (RPT), shifting from a fixed cap-based approach in a bid to resolve ambiguities and streamline compliance under the Listing Obligations and Disclosure Requirements (LODR) norms.The regulator has also revised audit committee approval thresholds for RPTs executed…
File photo: Ex-Fed governor Adriana Kugler (Picture credit: AP) Former Federal Reserve governor Adriana Kugler, who resigned abruptly in August, repeatedly broke the central bank’s strict trading rules before stepping down, according to new disclosures released by US ethics authorities.A report by the US Office of Government Ethics, reviewed after the Federal Reserve referred the…
MUMBAI: Sebi’s recent clarification that listed companies should disclose information about the relatives of the promoter including the spouse’s parents, the married children’s spouses, and their parents, as well as entities where these relatives hold over 20% in their shareholding filings, even if they do not own any shares in them, has sparked a debate…
