Debenture trustees News

The Sebi board on Tuesday approved the setting up of a limited purpose repo-clearing corporation, a move aimed at boosting repo trading in corporate bonds, the regulator said The board also approved the amendment of mutual fund regulations, to introduce a code of conduct for fund managers including chief investment officers and dealers of AMCs The chief executive officer will now be responsible to ensure that the code of conduct is followed by all such officers

Sebi has asked CRAs to make disclosures in case of considerable delay in providing information by the issuer.