The SEBI Board Meeting on Monday, March 23, saw key decisions aimed at enhancing market efficiency and easing regulatory processes across segments. SEBI allowed greater flexibility to Alternative Investment Funds (AIFs) for scheme winding-up, proposed a net settlement mechanism for Foreign Portfolio Investors (FPIs) during the transition phase and approved measures to simplify operations for InvITs and REITs.
SEBI board meeting key decisionsAllows greater flexibility to AIFs for scheme winding-upMove aims to improve ease of doing business for AIFsProposes net settlement mechanism for FPIs during transition phaseStep to simplify compliance and reduce operational complexityReviews minimum investment threshold for social impact funds (SIFs)Aim to enhance retail investor participation in impact investingApproves measures to ease operations for InvITs and REITsAim to improve efficiency in infra & real estate investment platformsAmends ‘fit and proper person’ criteria for intermediariesStrengthens governance and eligibility standardsConsiders HLC recommendations on conflict of interest & disclosuresTargets SEBI members, officials to boost transparency, accountability
