| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
RASELLE CAPITAL VCC
(PAN:AALCR6438D)
|
|
|
ALLEGED VIOLATION OF REGULATION 22(1)(C) OF SEBI (FPI) REGULATIONS, 2019
ALLEGED VIOLATION OF CLAUSE 12 OF PART A OF MASTER CIRCULAR FOR FOREIGN PORTFOLIO INVESTORS AND DESIGNATED DEPOSITORY PARTICIPANTS (DDPS) DATED 19/12/2022
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,23,50,000 VIDE CONSENT ORDER)
02-JUL-2024
|
|
| 22 |
|
|
SBI-SG GLOBAL SECURITIES SERVICES PVT.LTD.
(PAN:AAMCS4727R)
|
|
|
ALLEGED INDULGENCE IN GRANTING REGISTRATION TO FOREIGN PORTFOLIO INVESTORS TO FOREIGN PORTFOLIO INVESTORS WITHOUT ASCERTAINING WHETHER SUCH APPLICANT WAS UNDER COMMON OWNERSHIP OR CONTROL TO FORM INVESTOR GROUP WITH ANY OTHER REGISTERED FOREIGN PORTFOLIO INVESTOR
ALLEGED OPERATION MANUAL DID NOT CONTAIN ANY PROCEDURES TO BE FOLLOWED BY NOTICE TO ASCERTAIN IF THE APPLICANT/FPI WAS IN COMMON CONTROL OR OWNERSHIP WITH ANY OTHER FPI REGISTERED WITH IT OR FORMS PART OF ANY INVESTOR GROUP
ALLEGED FAILURE TO MAINTAIN TRUE AND FAIR RECORDS (ELECTRONIC) FOR FOREIGN PORTFOLIO INVESTORS IN THE NSDL PORTAL
ALLEGED FAILURE TO PROCESS SURRENDER APPLICATIONS OF FOREIGN PORTFOLIO INVESTORS WITHIN STIPULATED TIMELINES
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.29,25,000 VIDE CONSENT ORDER)
27-DEC-2024
|
|
| 23 |
|
|
SIXTEENTH STREET ASIAN GEMS FUND
(PAN:AAZCS3903L)
|
|
|
ALLEGED APPLICANT WAS CONTROLLED BY OVERSEAS CITIZEN OF INDIA VIOLATING REGULATION 4(C)(IV) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 AND CLAUSE 1(II)(C) UNDER PART A OF SEBI MASTER CIRCULAR
ALLEGED MAKING FRESH PURCHASES AND SALES OF SECURITIES FROM 01/01/2021 TO 07/08/2025 VIOLATING REGULATION 4(C)(IV) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 AND CLAUSE 1(II)(E) UNDER PARTA OF SEBI MASTER CIRCULAR
ALLEGED DELAY IN INFORMING DESIGNATED DEPOSITORY PARTICIPANT ABOUT RECEIVING OVERSEAS CITIZEN OF INDIA (OCI) CARD VIOLATING REGULATIONS 22(1)(B) AND22(1)(C) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 AND CLAUSE 14(I) UNDER PART A OF SEBI MASTER CIRCULAR AND PARA 3 OF SEBI CIRCULAR SEBI/HO/AFD/AFD-POD-2/P/CIR/2024/76 DATED 05/06/2024
ALLEGED MAKING INCORRECT STATEMENT IN ITS BENEFICIAL OWNER DECLARATION
DATED 24/06/2022, THAT NO OVERSEAS CITIZEN OF INDIA EXERCISED CONTROL OVER THE APPLICANT VIOLATING REGULATION 23 OF FPI REGULATIONS, 2019 AND CLAUSES 2 AND 6 OF CODE OF CONDUCT AS SPECIFIED IN THIRD SCHEDULE OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.72,87,500 VIDE CONSENT ORDER)
20-MAR-2026
|
|
| 24 |
|
|
STANDARD CHARTERED BANK
(PAN:AABCS4681D)
|
|
|
ALLEGED DELAY IN INTIMATING MATERIAL CHANGES IN BENEFICIAL OWNERSHIP TO SEBI IN RESPECT OF CERTAIN FOREIGN PORTFOLIO INVESTORS
ALLEGED DELAY IN PROCESSING OF INVESTOR GROUPING CHANGES AND IN CERTAIN CASES TAKING AS MUCH AS 19 TO 20 DAYS TO INTIMATE NSDL AFTER RECEIPT OF COMPLETE DOCUMENTS FROM FOREIGN PORTFOLIO INVESTORS
ALLEGED GRANTED EXEMPTIONS FROM GRANULAR DISCLOSURE REQUIREMENTS TO CERTAIN BENEFICIAL OWNERS OF FPIS WITHOUT ENSURING COMPLIANCE WITH APPLICABLE REGULATORY FRAMEWORK
ALLEGED FAILURE IN EXERCISING DUE DILIGENCE TO ASCERTAIN INVESTOR GROUPING OF FPIS
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.57,20,000 VIDE CONSENT ORDER)
17-MAR-2026
|
|
| 25 |
|
|
WAAREE ENERGIES LTD.
(PAN:AAACA4043J)
|
|
|
ALLEGED FAILURE TO COMPLETE PERIOD OF THREE YEARS AS PROMOTER TO BE TREATED AS QUALIFYING PERSONS FOR ACQUISITION PURSUANT TO INTER-SE TRANSFER OF SHARES OF WAAREE RENEWABLE TECHNOLOGIES LTD. AS REQUIRED UNDER REGULATION 10(1)(A)(II) OF SAST REGULATIONS, 2011
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
02-JUL-2024
|
|
| 26 |
|
|
WILMINGTON TRUST COLLECTIVE INVESTMENT TRUST - LAZARD/WILMINGTON ACW EX-US EQUITY ADVANTAGE FUND
(PAN:AAATW5548H)
|
|
|
ALLEGED DELAY IN INTIMATING CHANGE IN REGULATORY STATUS, CATEGORY AND SUB-CATEGORY OF FOREIGN PORTFOLIO INVESTORS TO SEBI OR DESIGNATED DEPOSITORY PARTICIPANT
ALLEGED INDULGENCE IN MAKING FRESH PURCHASES BEFORE COMPLETION OF ADDITIONAL KNOW YOUR CLIENTS (KYC) REQUIREMENTS WITHOUT HOLDING A VALID REGISTRATION CERTIFICATE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.64,35,000 VIDE CONSENT ORDER)
21-NOV-2024
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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