Today news
About the same in other media
Sebi tightens front-running regulations for AMCs to check market abuse
Reading now: 591
The decision was taken on Tuesday at the 205th meeting of the Sebi board held in Mumbai. Under the mechanism, the AMCs will be required to ensure enhanced surveillance systems, internal control procedures and escalation processes to identify, monitor and address specific types of misconduct, including front-running, insider trading and misuse of sensitive information, among other things.
The Sebi board also approved amendments to the regulations to enhance responsibility and accountability of management of AMCs for such an institutional mechanism. The AMCS will also be required to have a whistle blower process to foster transparency.
(You can now subscribe to our ETMarkets WhatsApp channel)
Read more on economictimes.indiatimes.com
About this in other media
Gold and silver prices today on 18-05-2024: Check latest rates in your city livemint.com /5 months ago
Equity markets to stay open today for special trading economictimes.indiatimes.com /5 months ago
Gold and silver prices today on 17-05-2024: Check latest rates in your city livemint.com /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
