| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ACACIA BANYAN PARTNERS
(PAN:AAGCA6900N)
|
|
|
ALLEGED FAILURE IN MAKING WRONG STATEMENTS THAT ‘CONIFER CAPITAL MANAGEMENT LLC’ NOT CONTROLLED BY BENEFICIAL OWNER VIOLATING CLAUSE 6 OF CODE OF CONDUCT
AS REQUIRED IN SCHEDULE THIRD READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 AND CLAUSE 4 OF PART B OF MASTER CIRCULAR READ WITH REGULATION 22(1)(A) OF SEBI (FPI) REGULATIONS, 2019 READ WITH SUB-RULE 3 OF RULE 9 OF PML RULES, 2005 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FURNISHING WRONG AND MISLEADING BENEFICIAL OWNER AND GROUPING DECLARATIONS VIOLATING CLAUSES 1, 2 AND 5 OF THIRD SCHEDULE OF CODE OF CONDUCT READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED BREACH OF INVESTMENT LIMIT OF 10% OF PAID CAPITAL OF INVESTEE COMPANY VIZ., MCDOWELL HOLDINGS LTD. VIOLATING REGULATION 20(7) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FAILURE TO ENSURE MAINTENANCE OF ACCURATE GROUPING DETAILS WITH ITS DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING REGULATION 22(1)(I) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED DELAY IN INTIMATING MATERIAL INFORMATION TO BOARD AND DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING CLAUSE 14 OF PART A OF MASTER CIRCULAR READ WITH REGULATION 22(1)(C) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.78,00,000 VIDE CONSENT ORDER)
20-MAR-2025
|
|
| 2 |
|
|
ACACIA CONSERVATION FUND LP
(PAN:ABCFA8290P)
|
|
|
ALLEGED FAILURE TO IDENTIFY BENEFICIAL OWNER BY CONTROL AND MAKING WRONG STATEMENTS IN ITS BENEFICIAL OWNER DECLARATION VIOLATING CLAUSE 6 OF CODE OF CONDUCT AS REQUIRED IN SCHEDULE THIRD READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 AND CLAUSE 4 OF PART B OF MASTER CIRCULAR READ WITH REGULATION 22(1)(A) OF SEBI (FPI) REGULATIONS, 2019 READ WITH SUB-RULE 3 OF RULE 9 OF PML RULES, 2005 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FURNISHING WRONG AND MISLEADING BENEFICIAL OWNER AND GROUPING DECLARATIONS VIOLATING CLAUSES 1, 2 AND 5 OF THIRD SCHEDULE OF CODE OF CONDUCT READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED BREACH OF INVESTMENT LIMIT OF 10% OF PAID CAPITAL OF INVESTEE COMPANY VIZ., MCDOWELL HOLDINGS LTD. VIOLATING REGULATION 20(7) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FAILURE TO ENSURE MAINTENANCE OF ACCURATE GROUPING DETAILS WITH ITS DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING REGULATION 22(1)(I) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED DELAY IN INTIMATING MATERIAL INFORMATION TO BOARD AND DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING CLAUSE 14 OF PART A OF MASTER CIRCULAR READ WITH REGULATION 22(1)(C) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.78,00,000 VIDE CONSENT ORDER)
20-MAR-2025
|
|
| 3 |
|
|
ACACIA II PARTNERS, LP
(PAN:AALFA7270M)
|
|
|
ALLEGED FAILURE TO IDENTIFY BENEFICIAL OWNER BY CONTROL AND MAKING WRONG STATEMENTS IN ITS BENEFICIAL OWNER DECLARATION VIOLATING CLAUSE 6 OF CODE OF CONDUCT AS REQUIRED IN SCHEDULE THIRD READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 AND CLAUSE 4 OF PART B OF MASTER CIRCULAR READ WITH REGULATION 22(1)(A) OF SEBI (FPI) REGULATIONS, 2019 READ WITH SUB-RULE 3 OF RULE 9 OF PML RULES, 2005 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FURNISHING WRONG AND MISLEADING BENEFICIAL OWNER AND GROUPING DECLARATIONS VIOLATING CLAUSES 1, 2 AND 5 OF THIRD SCHEDULE OF CODE OF CONDUCT READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED BREACH OF INVESTMENT LIMIT OF 10% OF PAID CAPITAL OF INVESTEE COMPANY VIZ., MCDOWELL HOLDINGS LTD. VIOLATING REGULATION 20(7) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FAILURE TO ENSURE MAINTENANCE OF ACCURATE GROUPING DETAILS WITH ITS DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING REGULATION 22(1)(I) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED DELAY IN INTIMATING MATERIAL INFORMATION TO BOARD AND DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING CLAUSE 14 OF PART A OF MASTER CIRCULAR READ WITH REGULATION 22(1)(C) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.78,00,000 VIDE CONSENT ORDER)
20-MAR-2025
|
|
| 4 |
|
|
ACACIA INSTITUTIONAL PARTNERS, LP
(PAN:AALFA7287Q)
|
|
|
ALLEGED FAILURE TO IDENTIFY BENEFICIAL OWNER BY CONTROL AND MAKING WRONG STATEMENTS IN ITS BENEFICIAL OWNER DECLARATION VIOLATING CLAUSE 6 OF CODE OF CONDUCT AS REQUIRED IN SCHEDULE THIRD READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 AND CLAUSE 4 OF PART B OF MASTER CIRCULAR READ WITH REGULATION 22(1)(A) OF SEBI (FPI) REGULATIONS, 2019 READ WITH SUB-RULE 3 OF RULE 9 OF PML RULES, 2005 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FURNISHING WRONG AND MISLEADING BENEFICIAL OWNER AND GROUPING DECLARATIONS VIOLATING CLAUSES 1, 2 AND 5 OF THIRD SCHEDULE OF CODE OF CONDUCT READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED BREACH OF INVESTMENT LIMIT OF 10% OF PAID CAPITAL OF INVESTEE COMPANY VIZ., MCDOWELL HOLDINGS LTD. VIOLATING REGULATION 20(7) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FAILURE TO ENSURE MAINTENANCE OF ACCURATE GROUPING DETAILS WITH ITS DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING REGULATION 22(1)(I) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED DELAY IN INTIMATING MATERIAL INFORMATION TO BOARD AND DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING CLAUSE 14 OF PART A OF MASTER CIRCULAR READ WITH REGULATION 22(1)(C) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.78,00,000 VIDE CONSENT ORDER)
20-MAR-2025
|
|
| 5 |
|
|
ACACIA PARTNERS, LP
(PAN:AALFA7272K)
|
|
|
ALLEGED FAILURE TO IDENTIFY BENEFICIAL OWNER BY CONTROL AND MAKING WRONG STATEMENTS IN ITS BENEFICIAL OWNER DECLARATION VIOLATING CLAUSE 6 OF CODE OF CONDUCT AS REQUIRED IN SCHEDULE THIRD READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 AND CLAUSE 4 OF PART B OF MASTER CIRCULAR READ WITH REGULATION 22(1)(A) OF SEBI (FPI) REGULATIONS, 2019 READ WITH SUB-RULE 3 OF RULE 9 OF PML RULES, 2005 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FURNISHING WRONG AND MISLEADING BENEFICIAL OWNER AND GROUPING DECLARATIONS VIOLATING CLAUSES 1, 2 AND 5 OF THIRD SCHEDULE OF CODE OF CONDUCT READ WITH REGULATION 23 OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED BREACH OF INVESTMENT LIMIT OF 10% OF PAID CAPITAL OF INVESTEE COMPANY VIZ., MCDOWELL HOLDINGS LTD. VIOLATING REGULATION 20(7) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED FAILURE TO ENSURE MAINTENANCE OF ACCURATE GROUPING DETAILS WITH ITS DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING REGULATION 22(1)(I) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED DELAY IN INTIMATING MATERIAL INFORMATION TO BOARD AND DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING CLAUSE 14 OF PART A OF MASTER CIRCULAR READ WITH REGULATION 22(1)(C) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.78,00,000 VIDE CONSENT ORDER)
20-MAR-2025
|
|
| 6 |
|
|
AIRD INVESTMENT COMMERCIAL LLC
(PAN:AASCA9404H)
|
|
|
SHORT-TERM INVESTMENT IN GOVERNMENT SECURITIES CONSISTENTLY EXCEEDED PRESCRIBED LIMIT OF 30% OF TOTAL INVESTMENT VIOLATING REGULATION 20(5) OF (FPI) REGULATIONS, 2019 AND CLAUSE 9 OF PART C OF MASTER CIRCULAR ISSUED TO FPI AND DDPS DATED 19/12/2022 READ WITH RBI CIRCULAR RBI/2017-18/199 DATED 15/06/2018
|
IMPOSED PENALTY RS.20,00,000
24-FEB-2025
|
|
| 7 |
|
|
AVIATOR GLOBAL INVESTMENT FUND
(PAN:AAOCA8357P)
|
|
|
SHORT-TERM INVESTMENT IN GOVERNMENT SECURITIES CONSISTENTLY EXCEEDED PRESCRIBED LIMIT OF 30% OF TOTAL INVESTMENT VIOLATING REGULATION 20(5) OF (FPI) REGULATIONS, 2019 AND CLAUSE 9 OF PART C OF MASTER CIRCULAR ISSUED TO FPI AND DDPS DATED 19/12/2022 READ WITH RBI CIRCULAR RBI/2017-18/199 DATED 15/06/2018
|
IMPOSED PENALTY RS.10,00,000
24-FEB-2025
|
|
| 8 |
|
|
CITIBANK N.A.
(PAN:AAACC0462F)
|
|
|
ALLEGED GRANT REGISTRATION/RENEWAL TO CERTAIN INELIGIBLE FOREIGN PORTFOLIO INVESTORS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.8,25,000 VIDE CONSENT ORDER)
29-FEB-2024
|
|
| 9 |
|
|
CITIBANK N.A.
(PAN:AAACC0462F)
|
|
|
ALLEGED VIOLATION OF REGULATION 32(1) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019
ALLEGED VIOLATION OF CLAUSE 3 OF CODE OF CONDUCT OF THIRD SCHEDULE UNDER REGULATION 37 OF SEBI (DEPOSITORIES & PARTICIPANT) REGULATIONS, 2018 AND PARA 2 OF PART A & PARA 8 OF PART A OF OPERATIONAL GUIDELINES
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.40,20,000 VIDE CONSENT ORDER)
27-AUG-2024
|
|
| 10 |
|
|
CITICORP INVESTMENT BANK (SINGAPORE) LTD.
(PAN:AAACC5806F)
|
|
|
ALLEGED TO ISSUE OFFSHORE DERIVATIVE INSTRUMENT TO SYMMETRY MASTER FUND LTD. WITHOUT COMPLYING WITH ‘KNOW YOUR CLIENTS’ NORMS VIOLATING REGULATION 21(1)(C) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATION, 2019 READ WITH PARAGRAPH 2 OF PART D OF MASTER CIRCULAR
ALLEGED DELAY IN DEPOSITING REGULATORY FEE COLLECTED FROM SUBSCRIBER OF OFFSHORE DERIVATIVE INSTRUMENT VIOLATING REGULATION 21(4) SEBI (FPI) REGULATIONS READ WITH CLAUSE 1 OF PART C OF II SCHEDULE OF (FPI) REGULATIONS, 2019
ALLEGED FAILURE TO PUT IN PLACE NECESSARY SYSTEMS, CONTROLS AND PROCEDURES WITH RESPECT TO ISSUANCE OF OFFSHORE DERIVATIVE INSTRUMENT AND ‘KNOW YOUR CLIENTS’ REQUIREMENTS VIOLATING PARAGRAPH 3(III) OF PART D OF MASTER CIRCULAR
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.36,00,000 VIDE CONSENT ORDER)
05-MAR-2025
|
|
| 11 |
|
|
CONIFER MANAGEMENT, LLC
(PAN:AAHCC4006E)
|
|
|
ALLEGED FAILURE TO ENSURE MAINTENANCE OF ACCURATE GROUPING DETAILS WITH ITS DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING REGULATION 22(1)(I) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
ALLEGED DELAY IN INTIMATING MATERIAL INFORMATION TO BOARD AND DESIGNATED DEPOSITORY PARTICIPANTS VIOLATING CLAUSE 14 OF PART A OF MASTER CIRCULAR READ WITH REGULATION 22(1)(C) OF SEBI (FPI) REGULATION, 2019 IN MATTER OF ACACIA GROUP OF FPIS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.24,37,500 VIDE CONSENT ORDER)
20-MAR-2025
|
|
| 12 |
|
|
DEUTSCHE BANK AG
(PAN:AAACD1390F)
|
|
|
ALLEGED GRANT REGISTRATION/RENEWAL TO CERTAIN INELIGIBLE FOREIGN PORTFOLIO INVESTORS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,05,000 VIDE CONSENT ORDER)
29-FEB-2024
|
|
| 13 |
|
|
EMERGING INDIA FOCUS FUNDS
(PAN:AACCE0596N)
|
|
|
ALLEGED VIOLATION OF REGULATION 22(1)(C) AND (H) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019
ALLEGED VIOLATION OF CLAUSE 6 OF THIRD SCHEDULE OF CODE OF CONDUCT OF REGULATION 23 OF SEBI(FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019
ALLEGED VIOLATION OF CLAUSE 6 READ WITH CLAUSE 3(B)(III) OF SCHEDULE II READ WITH REGULATION 7 OF SEBI (INTERMEDIARIES) REGULATIONS, 2008
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.64,35,000 VIDE CONSENT ORDER)
18-NOV-2024
|
|
| 14 |
|
|
FIDELITY MANAGEMENT & RESEARCH CO.LLC
|
|
|
DELAY IN INTIMATION OF CHANGE IN MATERIAL INFORMATION (I.E. MERGER) OF FIDELITY INVESTMENTS MONEY MANAGEMENT INC WITH ITS AFFILIATE FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
DID NOT OBTAIN FOREIGN PORTFOLIO INVESTORS (FPI) REGISTRATION AND CONTINUE TRADING IN SECURITIES MARKET DESPITE FIDELITY INVESTMENTS MONEY MANAGEMENT INC. (FIMM) BEING MERGED INTO FIDELITY MANAGEMENT & RESEARCH CO.LLC (FMRC) AND AWARE THAT FMRC DID NOT HAD VALID FPI REGISTRATION
|
IMPOSED PENALTY RS.1,00,00,000
07-JUL-2023
|
|
| 15 |
|
|
GOLDMAN SACHS (SINGAPORE) PTE.
(PAN:AAFCG0345N)
|
|
|
ALLEGED MISMATCH OF INVESTMENT MANAGERS FOR MULTI-MANAGED CLIENTS WITH
RESPECT TO FOUR ODI SUBSCRIBERS VIOLATING REGULATION 21(3) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 R/W PARAGRAPH 3(IV) OF PART D OF OPERATIONAL GUIDELINES FOR FOREIGN PORTFOLIO INVESTORS, DESIGNATED DEPOSITORY PARTICIPANTS AND ELIGIBLE FOREIGN INVESTORS
ALLEGED FAILURE IN PROVIDING DETAILS OF INVESTMENT MANAGERS/BENEFICIAL OWNERS INFORMATION OF THREE ODI SUBSCRIBERS ANNEXURE-D OF MONTHLY ODI REPORTING VIOLATING REGULATION 21(3) OF SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 R/W PARAGRAPH 3(IV) OF PART D OF OPERATIONAL GUIDELINES FOR FOREIGN PORTFOLIO INVESTORS, DESIGNATED DEPOSITORY PARTICIPANTS AND ELIGIBLE FOREIGN INVESTORS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.26,44,500 VIDE CONSENT ORDER)
18-SEP-2023
|
|
| 16 |
|
|
GROVSNOR INVESTMENT FUND LTD.
(PAN:AADCG9900H)
|
|
|
DELAY IN COMPLIANCE WITH RESPECT TO GROUPING AND BREACH OF 10% INVESTMENT LIMIT VIOLATING REGULATIONS 23(1)(A), 23(1)(B), 23(1)(G), 23(3), CLAUSES (1), (2), (5) AND (6) OF III SCHEDULE READ WITH REGULATIONS 24 OF SEBI (FPI) REGULATIONS, 2014 READ WITH REGULATION 45(2) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF STI INDIA LTD.
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-JUN-2021
|
|
| 17 |
|
|
HDFC BANK LTD.
(PAN:AAACH2702H)
|
|
|
ALLEGED PERMIT INELIGIBLE FOREIGN PORTFOLIO INVESTORS TO TRANSACT IN INDIAN SECURITIES MARKET
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.9,18,750 VIDE CONSENT ORDER)
29-FEB-2024
|
|
| 18 |
|
|
HESHIKA GROWTH FUND
(PAN:AAHFH7500B)
|
|
|
DELAY IN COMPLIANCE WITH RESPECT TO GROUPING AND BREACH OF 10% INVESTMENT LIMIT VIOLATING REGULATIONS 23(1)(A), 23(1)(B), 23(1)(G), 23(3), CLAUSES (1), (2), (5) AND (6) OF III SCHEDULE READ WITH REGULATIONS 24 OF SEBI (FPI) REGULATIONS, 2014 READ WITH REGULATION 45(2) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF SATHAVAHANA ISPAT LTD.
|
IMPOSED PENALTY RS.1,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-SEP-2021
|
|
| 19 |
|
|
HONGKONG & SHANGHAI BANKING CORP.LTD.,THE
(PAN:AAACT2786P)
|
|
|
ALLEGED GRANT REGISTRATION/RENEWAL TO CERTAIN INELIGIBLE FOREIGN PORTFOLIO INVESTORS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.10,87,500 VIDE CONSENT ORDER)
29-FEB-2024
|
|
| 20 |
|
|
INDIA MAX INVESTMENT FUND LTD.
(PAN:AABCI5500R)
|
|
|
DELAY IN COMPLIANCE WITH RESPECT TO GROUPING AND BREACH OF 10% INVESTMENT LIMIT VIOLATING REGULATIONS 23(1)(A), 23(1)(B), 23(1)(G), 23(3), CLAUSES (1), (2), (5) AND (6) OF III SCHEDULE READ WITH REGULATIONS 24 OF SEBI (FPI) REGULATIONS, 2014 READ WITH REGULATION 45(2) OF SEBI (FPI) REGULATIONS, 2019 IN MATTER OF STI INDIA LTD.
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-JUN-2021
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 1 of 2
|
