SEBI Releases Uniform Format for OTC Trades

November 28, 2022
Current Context: The Securities and Exchange Board of India (SEBI) issued a uniform format for reporting Over-the-Counter (OTC) trades.
SEBI Releases Uniform Format for OTC Trades
  • The uniform format for reporting OTC trades was issued by SEBI for Non-Convertible Securities (NCS).
  • The regulation was issued by amending the SEBI (Prohibition of Insider Trading) Regulations 2015.
  • The new regulation will enter into force with effect from January 01, 2023.
  • SEBI also announced that, in accordance with the new regulation, municipal debt security issuers will now be able to issue green bonds.
  • SEBI is a Government of India-owned regulatory body that was established in 1992 with its headquarters in Mumbai. The current Chairperson of the body is Madhabi Puri Buch.

Question:

Q.1 Recently the uniform format for reporting OTC trades in Non-Convertible Securities (NCS) was issued by?
a. RBI
b. SEBI
c. NABARD
d. SIDBI

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience