Sebi board to discuss SIT suggestions

As it continues its fight against suspected illicit funds being routed through stock markets, the Securities and Exchange Board of India (Sebi) has initiated an internal study of suggestions made by the Supreme Court appointed special investigation team on black money and the matter would be discussed by the regulator's board later this month.

In a separate development, the markets regulators has asked clearing corporations to provide elaborate monthly reports with details on settlements, actions taken against trading members as well as information about corporate governance aspects of the corporations themselves.

HT Mint, New Delhi, 10th August 2015

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