Regstreet Law Advisors team is pleased to share the September 2026 edition of πππππππ ~ π»ππ πππππππππ πΉπππππππππ π·πππππππ π΅πππππππππ!
In this edition of π₯πππ£π’π¦π§, we share SEBI‘s revocation of all directions against our clients in the Bharat Global Developers Limited matter.
The issue also features Mr. Sumit Agrawal‘s media commentary in the Financial Times, Mint and Business Standard on the Reserve Bank of India (RBI)‘s listing directive for Tata Sons, the proposed expansion of the SEBI Board under the Securities Markets Code, and SEBI’s settlement overhaul.
It also carries two articles: “At Arm’s Length from Regulators”, co-authored with Dr. M. S. Sahoo in The New Indian Express, on the institutional independence of economic regulators, and a Mint piece with Mr. M Damodaran on the Tata Sons Board meeting of 17 September 2026.
This month’s regulatory watch covers the SEBI Board’s wide-ranging reforms of 24 September 2026, including new Portfolio Managers and Settlement Regulations, a Common Advertisement Code and changes for REITs, InvITs and AIFs, along with the “Demat 2.0” pilot for tokenised corporate bonds.
It also highlights the Reserve Bank of India (RBI)’s market risk capital Directions and its draft KYC amendments on money mule accounts; the Insurance Regulatory and Development Authority of India‘s proposals on commission caps and expense limits; PFRDA β Pension Fund Regulatory and Development Authority‘s guidelines for “NPS Swasthya”; the International Financial Services Centres Authority‘s Prohibition of Market Abuse in Securities Markets Regulations, 2026; and Insolvency & Bankruptcy Board of India (IBBI) circulars on misuse of the IBC framework and the moratorium for personal guarantors.
The edition also looks at the U.S. Securities and Exchange Commission‘s proposed changes to the federal proxy rules and the Financial Conduct Authority‘s cryptoasset perimeter guidance.
It further analyses important judicial and enforcement developments, including the Supreme Court’s decisions in Edelweiss Custodial Services v. NSE Clearing and SEBI v. Vedanta Limited, and the disposal of SEBI’s appeals against NSE following their settlement; and other significant SAT rulings.
It also covers SEBI orders involving Modex International Securities, Jainam Broking, Jindal Steel & Power, the Adani Group companies and Well Pack Papers and Containers.
Readers may share their views on info@regstreetlaw.com.