Ahead of the 32nd annual conference of the IOSCO or International Organisation of Securities Commissions, where regulators across the world participate, debate & discuss key regulatory issues, Sebi Chairman, M Damodaran gives his views on issues like P-notes, real-estate IPOs and stock lending mechanism.
Damodaran comments that there is no reason to disbelieve any FII disclosure on P-Notes and there will be always a tendency to come in via P-Notes.
He adds that there are statements in real-estate IPOs that lacks clarity and they have sought clarity on land bank disclosure for realty IPOs.The SEBI Board has approved stock-lending mechanism and the structures for stock lending and short selling are in place.
Read more in The Moneycontrol article
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