- The framework introduced by SEBI will facilitate online bond platform providers that sell listed debt securities.
- For the introduction of the framework, SEBI amended the NCS (Issue and Listing of Non-Convertible Securities) Regulations 2021.
- As per the new rules, no one could act as an online bond platform provider without obtaining a registration certificate as a stock broker from SEBI.
- The new guideline aims to boost the confidence among investors in general and non-institutional investors in particular.
- A three-month time period has been provided by SEBI to those who don’t have a registration certificate and acting as online bond platform providers prior to this regulation coming into force.
- SEBI is a Government of India-owned regulatory authority that was established in 1992 with its headquarters in Mumbai. The current Chairperson of it is Madhabi Puri Buch.
Question:
Q.1 Who introduced a regulatory framework to assist online bond platform providers?a. RBI
b. SEBI
c. NABARD
d. SIDBI
