Tuesday, May 28, 2019

SEBI tightens disclosure norms of listed debt securities

In order to enhance transparency and to enable Debenture Trustees to perform their duties effectively and promptly, the market regulator, SEBI has tightened norms of listed debt securities. Now, Debenture trusteed need to disclose the nature of compensation arrangement with its clients on their website, including the minimum fee to be changes and factors determining the same. Along with that, Calendar of interest, due and paid to be displayed on the website.

from taxmann.com News http://bit.ly/2I4qsV7

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