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SEBI - Highlights / Catch Notes

Home Highlights March 2024 Year 2024 This

Securities and Exchange Board of India (Index Providers) ...


India's New Regulations Mandate Registration for Index Providers, Ensuring Quality and Transparency in Financial Benchmarks.

March 11, 2024

Notifications     SEBI

Securities and Exchange Board of India (Index Providers) Regulations, 2024. - The new regulations mandate the registration of entities acting as Index Providers with SEBI, outlining the application process, eligibility criteria, and conditions for maintaining the registration. This includes the requirement for a minimum net worth of twenty-five crore rupees and adherence to the International Organization of Securities Commissions Principles for Financial Benchmarks. - The regulations detail the expectations regarding the quality of Indices and the methodologies used for their calculation and maintenance. It emphasizes the importance of transparency, representativeness, and appropriateness of the Indices as references for financial instruments.

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