SEBI Act, 1992
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Current affairsSEBI MF Lite Framework: 1 Finance Gets First In-Principle Approval for Passive-Only AMC; Closing Auction Rules Revised1 Finance received SEBI's first in-principle approval for an Asset Management Company (AMC) licence under the new MF Lite framework on October 19, 2026 — a lighter regulatory regime designed exclusively for passively managed mutual fund schemes (index funds and ETFs). Separately, SEBI revised the equity market Closing Auction Session (CAS) framework effective December 7, 2026, restructuring the 10-minute closing window while retaining the 30-minute VWAP method for derivatives settlement. Current affairsSEBI Notifies Common Advertisement Code 2026: Celebrity Endorsements Restricted to Brand-Level, Unified Rules for All IntermediariesSEBI on 8 October 2026 notified the SEBI (Intermediaries) (Second Amendment) Regulations, 2026 — a Common Advertisement Code for all regulated entities including mutual funds, brokers, investment advisers, and research analysts. Celebrity endorsements are now restricted to brand-level only; costs of celebrity ads cannot be charged to mutual fund schemes. The Code also mandates standardised risk disclosures and governs social media financial promotion. Current affairsSEBI Board Approves PMS Overhaul, New Settlement Regulations and Expanded FPI Access to Commodity DerivativesThe Securities and Exchange Board of India (SEBI) Board, at its meeting in September 2026, approved sweeping reforms to Portfolio Management Services (PMS) regulations, overhauled settlement proceedings, and expanded Foreign Portfolio Investor (FPI) access to commodity derivatives — marking one of the most wide-ranging regulatory updates by India's capital markets regulator in recent years. Current affairsSEBI-ESMA MoU on Central Counterparties (September 2026): India-EU Clearing House Cooperation and Its SignificanceSEBI and ESMA (European Securities and Markets Authority) signed an MoU on September 4, 2026, in Paris, covering cooperation and information exchange on Central Counterparties (CCPs). The agreement — signed by SEBI Chairman Tuhin Kanta Pandey and ESMA Chair Verena Ross — replaces the 2017 MoU and enables Indian CCPs to re-apply for ESMA recognition under EMIR, restoring EU clearing members' access to Indian clearing infrastructure. Current affairsSEBI IT Resilience Index for Market Infrastructure Institutions: Nine-Parameter Framework and Implications for India's Capital MarketsThe Securities and Exchange Board of India (SEBI) issued a circular on August 24, 2026 mandating a standardised IT Resilience Index (ITRI) for all Market Infrastructure Institutions — stock exchanges, depositories and clearing corporations — rated on nine parameters including availability and security, to be operationalised within six months. Current affairsIndia's Sovereign Green Bonds and Greenium 2026: ₹15,000 Crore H1 FY27 Target, SEBI Anti-Greenwashing Rules, and the Push for Climate FinanceIndia's sovereign green bond (SGrB) market is gaining renewed traction in 2026, with the government planning ₹15,000 crore in H1 FY2026-27. Investors are recording the highest greenium — the price premium green bonds command over conventional securities — since the programme's inception in FY2022-23, while SEBI's new anti-greenwashing rules strengthen market credibility. Current affairsNSE Launches Nifty India FPI 150 Index Derivatives from August 12, 2026 with SEBI ApprovalThe National Stock Exchange (NSE) launched derivatives contracts — futures and options — on the Nifty India FPI 150 Index from 12 August 2026, after receiving SEBI's approval. The index tracks the top 150 stocks from the Nifty 500 that are accessible and investible for Foreign Portfolio Investors (FPIs), providing new hedging tools for both domestic and international investors in Indian capital markets. Current affairsRBI Keeps Repo Rate at 5.25%: August 2026 Monetary Policy ExplainedRBI Keeps Repo Rate at 5.25%: August 2026 Monetary Policy Explained
Featured Snippet: In its August 2026 meeting (3–5 August), the Reserve Bank of India's Monetary Policy Committee (MPC) unanimously kept the repo rate unchanged at 5.25% and retained a "neutral" stance....
In previous-year questions
- The NSE's Nifty India FPI 150 Index was launched in August 2025 with a base value of 1,000. Which regulatory body approved the introduction of futures and options contracts on this index in 2026?OTHER · Current Affairs
- The SEBI Act, 1992 was enacted primarily to replace an earlier body and give SEBI statutory powers. What was SEBI's status before the 1992 Act?UPSC · Current Affairs
- Consider the following statements about Real World Asset (RWA) tokenisation in India: 1. A tokenised bond is subject to the 30% Virtual Digital Asset (VDA) tax under Finance Act, 2022. 2. Tokenised securities in India are regulated under the SEBI Act, 1992 and Depositories Act, 1996. 3. India currently has a dedicated Digital Securities Act governing tokenised assets. Which statement(s) is/are correct?UPSC · Current Affairs
- Under which constitutional entry does Parliament derive the power to legislate on stock exchanges and futures markets in India?UPSC · Current Affairs
- Which body hears appeals against orders passed by the Securities and Exchange Board of India (SEBI), and under which provision of the SEBI Act, 1992?UPSC · Current Affairs
- SEBI's authority to regulate advertising by securities market intermediaries primarily derives from which provision of the SEBI Act, 1992?UPSC · 2026 · Current Affairs