- 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