Whalesbook
SEBI ne apne naye 'Index Providers Regulations, 2024' ke tehat yeh bada kadam uthaya hai taaki market mein transparency aur governance badhe. Agar kisi index ke Mutual Funds dwara track kiye gaye daily average assets under management (AUM) lagatar 6 mahine tak ₹20,000 Crore se upar rahein, toh us index ko 'significant' maana jayega.
Jo Index providers is category mein aate hain, unhein SEBI ke paas registration ke liye apply karna hoga, jiske liye unke paas 6 mahine ka time hai. Regulations ke mutabik, registered companies ka minimum net worth ₹25 Crore hona chahiye, aur unke paas proper infrastructure aur qualified staff bhi hona chahiye. Iske alawa, applicants aur unke promoters ko SEBI ke 'fit and proper' criteria par bhi khara utarna hoga. Unhe IOSCO Principles for Financial Benchmarks ko follow karne ka bhi proof dena padega.
RBI dwara 'significant' ya 'authorised' declare kiye gaye indices ko isse chhoot mili hai. Aur agar koi company internally indices manage kar rahi hai, toh use 2 saal ke andar ek alag company banani padegi.
Yeh step India ke badhte financial market ko global standards ke barabar laane ke liye hai, jo ki passive investing jaise index funds aur ETFs ke liye bahut important hai. BSE Index Services aur CRISIL jaise players ko naye compliance costs manage karni hongi, lekin market ki credibility bhi badhegi. Isse NSE Indices aur BSE Index Services jaise bade players ko fayda ho sakta hai, jo ki Nifty aur Sensex jaise bade benchmarks manage karte hain.