Key SEBI compliances and regulations for listed companies- Complete Guide

Regardless of the entity's type, every organization's compliance requirements necessitate a supporting structure.

Professionals in company secretarial services are well-versed in dealing with a wide range of entities, including corporations (private, public, Listed, Foreign), and limited liability partnerships (LLPs).Corporate secretarial services have earned a new position in the corporate sector as a result of the enactment of new Corporate Law, namely the Companies Act, 2013 and ongoing revisions thereto, as well as the Limited Liability Partnership Act, 2008.

It encompasses not only filing and correspondence but also legislative and legal compliance issues that form the bedrock of any business.Major Service areas within Corporate Secretarial Services are:Incorporation of an entity (company, limited liability partnership, trust, etc) in India and abroad.Compliance under Companies Act 1956 & 2013.Compliance under SEBI Regulations.Make sure you find the right company secretarial services that can be an ideal fit for your company.

Select one that proposes reasonable fees for company secretarial services and also delivers on its potential to provide quick and efficient solutions.Benefits of Company Secretarial Services are:Manage Compliance Filing – It has the responsibility to file various returns of the company.

It includes the filing of annual returns, annual financial statements, and other event-based compliances.Maintaining the Company's Statutory Registers - It has the responsibility to maintain several statutory records including the minute’s book, share certificate, ROC documents, and various registers.Establishing Corporate Governance - Company Secretaries advise the board of directors about corporate governance and duties.Assurance to perform the tasks of filing all legalities and compliance issues- They provide the assurance that every problem will get recorded and arranged perfectly, enabling the company to run smoothly.

You can depend on company secretarial services to help you with expert insights and unbiased feedback on business operation improvement techniques.

When a bunch of investors with a common financial goal invest in a mutual fund, a pool of money is created.

In order to yield returns to our investors’ portfolio, the money is later managed by professional fund managers, who invest in bonds, stocks & various other money market instruments.The First Concept- Mutual funds are believed to be first traced back in the year 1774 by a dutch merchant Adriaan van Ketwich.

In the year 1772-73, his clients suffered a major loss, as an investment in the British East India Company didn’t turn out ideal.Bearing the heavy loss in mind, Ketwich came up with the concept of diversification of investments.

This eventually reduced the risk of loss to budding and existing investors.

In 1987 UTI saw the birth of public sector mutual funds.

Sectors like Life Insurance Corporation of India (LIC), SBI Mutual Fund, Punjab National Bank Mutual Fund, Indian Bank Mutual Fund, Bank of Baroda Mutual Fund & many more surfaced.

SEBI has already enacted certain protocols based on the circulars and notifications.Here is a glimpse into the future, based on the circulars and notifications already passed by SEBI.

Prepare to comply with the following direction of SEBI which will be effective in 2020:Phase wise implementation of Kotak Committee recommendation through SEBI LODR w.e.f 01 April 2020The following class of listed companies shall comply with additional corporate Governance requirements which will come into effect from 01 April 2020, emanating from Kotak Committee recommendations:CategoryTypes of Listed CompaniesNew RequirementIndependent DirectorTop 1000 listed entitiesThe Board shall have atleast one independent woman directorBoard CompositionTop 2000 listed entitiesBoard shall comprise of not less than six directorsQuorumTop 2000 listed entitiesQuorum for every Board meeting shall be:a.

3 directors, whichever is higher,including at least one independent director.Maximum number of directorshipAll Listed entitiesA person shall not be a director/ Independent director in more than 7 listed entitiesAnnual Business Responsibility Report – for top 1000 listed Cos in 2020The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2019 by making it mandatory for top 1,000 listed companies to prepare Annual Business Responsibility report, covering their activities related to environment and stakeholder relationship, on 26th December 2019.

It was mandatory only for top 500 listed entities to submit their Annual report.

This shall be complied on the annual reports submitted from 2020 onwards.Draft Placement memorandum of Units by Infrastructure Investment Trusts w.e.f 15 January 2020The Securities and Exchange Board of India vide Circular dated 24th December 2019 has issued guidelines for filing of draft placement memorandum of units by an InvIT and this Circular shall be effective from 15th January 2020.Asset management Company and Association of Mutual Funds to publish list of group companies w.e.f 1 January 2020SEBI circular dated 10th December 2019 has mandated that Asset management companies shall publish a list of their group companies and those of their sponsor on their respective websites.

The Above two disclosures on the website shall be made on 1st working day of each calendar quarter starting from January 1, 2020.Cut off time for collection of margins by commodities traders w.e.f.

Show me your receipts!How do people invest in companies based in foreign countries?

One way is through GDRs or Global Depository Receipts.It is an easy way for a company to raise capital from offshore markets.

However, due to comparatively lax regulations and a few investment loopholes, they have become more vulnerable to manipulation recently.Recent reports have shown the debt-ridden Sujana Group to be one such manipulator.Read more details by clicking on the link below.https://transfin.in/what-are-global-depository-receipts-how-are-they-manipulated

Get all the latest SEBI recruitments at one place and apply for the same.Jobmaximum.com is India's leading Job Portal For applying various govt jobs.

American Depository Receipts or Global Depository Receipts regime).

The other alternative is through the listing of their debt securities (such as, foreign currency convertible bonds, masala bonds, etc.)

Consider for example that on the stock exchanges of the United States, a company has listed its shares through a public offering, or by inviting the big American investors to subscribe to its shares, or through ‘direct listing’, through the mere joining of a stock exchange without raising capital.We at CCV India provide valuable services to help your firms get listed abroad.

We make sure that other than having access to an abundant alternative source of raising capital, we provide other benefits also to all Indian companies.

Your business will definitely be better valued than it would be before getting listed.Vast Investor Base – Businesses become successful even when it has investors only in India.

Provide them an opportunity as you expand your operations.Globalised Recognition – As you get your firm listed overseas, you get more investors overseas.

Quality and compliance are the building blocks of safety and efficacy of drugs and devices. They are the pathways for life science organizations to provide a meticulous framework to their businesses. According to a recent survey, over the years, the Regulatory scrutiny has increased across various aspects of the business including clinical operations, data privacy, and sales and marketing. These keen observations are driving organizations to explore the hidden opportunities and potential of innovative compliance. However, the shift in the global compliance requirements is pushing companies to continuously adopt the evolving standards.

To better satisfy the global Regulatory compliance requirements, businesses should modernize their approach, to ensure the needs of both, business as well as end-users are met. Modernizing compliance approach can result in the development of a value-adding strategy in terms of efficiency and shaping the future of compliance landscape. But from a holistic view, there are a few challenges that should be addressed first, like:

1. Lack of innovation

Even though the pharma industry is investing in technology, the fact that only a little emphasis is given to compliance is alarming. The lack of automation in the process and

global-regulations, regulatory-compliance, regulatory-approach, regulatory-compliance-requirements, regulatory-compliance-challenges

.

SEBI issued a new listing of regulation for buy back of securities from the open market.

Buy back would be undertaken in accordance with SEBI regulatory act.

These regulations shall apply to a Listed Entity which has listed any of securities on recognized Stock Exchange(s).

Know more new listing regulations with Hu Consultancy.For more details, Visit at : -  http://huconsultancy.com/sebi-notifies-new-listing-regulations/