‘Madhabi Buch disclosed, recused herself when necessary’: Sebi on Hindenburg report

‘Madhabi Buch disclosed, recused herself when necessary’: Sebi on Hindenburg report

NEW DELHI: Securities and exchange board of India on Sunday responded to the Hindenburg report saying that the chairperson Madhabi Puri Buch made “relevant disclosures” from time to time and recused herself in matters involving conflict of interest. “It is emphasized that Sebi has adequate internal mechanisms for addressing issues relating to conflict of interest, … Read more

FAQs: RBI’s draft guidelines on climate-related financial risks disclosures

FAQs: RBI’s draft guidelines on climate-related financial risks disclosures

Q1: What has the Reserve Bank proposed regarding climate-related financial risks?A1: The Reserve Bank has proposed making it mandatory for banks and Non-Banking Financial Companies (NBFCs) to disclose information about their climate-related financial risks on a standalone basis.Q2: What are climate-related financial risks?A2: Climate-related financial risks refer to potential risks that may arise from climate … Read more

Sebi makes short selling disclosures mandatory

Sebi makes short selling disclosures mandatory

MUMBAI: Days after the Supreme Court asked Sebi to probe if losses due to short selling in Adani stocks were in violation of any law, the markets regulator on Friday made disclosures mandatory for such trades and allowed institutional investor participation. Short selling was earlier restricted to retail and HNI investors, but without disclosure requirement.The … Read more