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Securities Laws (Amendment) Act, 2014 is a legislation in India which provided the securities market regulator Securities and Exchange Board of India (SEBI) with new powers to effectively pursue fraudulent investment schemes, especially ponzi schemes. [1] The bill also provides guidelines for the formation of special fast trial courts. [2]
India: Reserve Bank of India (RBI) (including the Banks Board Bureau) National Payments Corporation of India (NPCI) Deposit Insurance and Credit Guarantee Corporation (DICGC) Securities and Exchange Board of India (SEBI) Banking Codes and Standards Board of India (BCSBI); Forward Markets Commission (FMC) Insolvency and Bankruptcy Board of India ...
2021: The Securities and Exchange Board of India (SEBI) introduces a new framework for investment advisors to strengthen their role as fiduciaries to their clients. The Reserve Bank of India (RBI) sets up a committee to review the functioning of asset reconstruction companies (ARCs) and recommend measures to improve their effectiveness. [41]
The Securities and Exchange Board of India Act, 1992 is an act that was enacted for regulation and development of securities market in India. It was amended in the years 1995, 1999, and 2002 to meet the requirements of changing needs of the securities market. It was the 15th Act of 1992.
In July 2022, according to data shared by the Union government in Parliament, only 23 people have been convicted in 5,422 cases registered under the Prevention of Money Laundering Act (PMLA) [18] in the 17 years after the law was passed—a conviction rate of less than 0.5%. Due to low conviction rate and the people against which the PMLA has ...
Institute of Chartered Accountants of India: 1-May-1949: Financial system and monetary policy: Reserve Bank of India: 01-Apr-1935: Mining and Mineral Exploration: Directorate General of Mines Safety(DGMS) 07-Jan-1902: Food Safety: Food Safety and Standards Authority of India: Aug-2011: Security Market: Securities and Exchange Board of India: 12 ...
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992. [1] [5]
It was created to handle violations of exchange control laws under the Foreign Exchange Regulation Act, 1947 (FERA '47). [5] Initially, the unit was headed by a Legal Service Officer as the Director of Enforcement, assisted by an officer on deputation from the Reserve Bank of India and three inspectors from the Special Police Establishment.