SEBI Consultation Paper on Review and Merger of SEBI (Issue and listing of Debt Securities) Regulations, 2008

Last updated: 22 May 2021

Save Share

Quick Summary

The Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing to merge the SEBI (Issue and listing of Debt Securities) Regulations, 2008, and the SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013. These will be combined into a single set of regulations: the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The aim is to simplify compliance for listed entities, align with the Companies Act 2013, and ensure consistency with other SEBI regulations and circulars.

Securities and Exchange Board of India Consultation Paper Review and Merger of SEBI (Issue and listing of Debt Securities) Regulations, 2008 and SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 into SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. May 19, 2021 A.Objective To solicit public comments / views on the merger of theSEBI Issue and Listing of Debt Securities) Regulations, 2008(hereinafter referred asILDS Regu

Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Notice & Circular Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The main objective is to gather public comments on merging the existing regulations for debt securities and non-convertible redeemable preference shares into a new, single regulation for non-convertible securities.

The SEBI (Issue and Listing of Debt Securities) Regulations, 2008, and the SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 are proposed to be merged.

The new regulation will be called the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

The merger is expected to ease the compliance burden on listed entities, harmonise with the Companies Act 2013, and maintain consistency with other SEBI regulations and circulars.

A review is being undertaken because significant time has passed since the original regulations were enacted, and changes have occurred in the regulatory landscape, including amendments to the Companies Act and the issue of various circulars.

The new regulations aim to simplify and align with circulars, improve readability, identify policy changes aligned with market practices, separate chapters by issuance type and instrument, and merge existing circulars into a single operational circular.