Regulatory Alerts2024-05-16
Master Circular for Debenture Trustees
The Securities and Exchange Board of India issued this Master Circular to consolidate existing regulatory circulars for Debenture Trustees into a single framework effective May 16, 2024. The document mandates compliance with detailed provisions covering registration, due diligence, security monitoring, investor grievance redressal, and conflict of interest guidelines. It further requires Debenture Trustees to maintain specific infrastructure, report regulatory compliance, and adhere to strict protocols for change in control and business transfers.
Share