 "SEBI")
Sebi has additionally allowed such platforms to supply bonds issued below Part 54EC of the Revenue-tax Act, 1961, or Part 85 of the Revenue-tax Act, 2025 (Photograph: Reuters)
The Securities and Trade Board of India (Sebi) on Friday allowed on-line bond platform suppliers (OBPPs) to supply merchandise and securities regulated by the Worldwide Monetary Providers Centres Authority (IFSCA), the unified regulator in GIFT-IFSC.
The transfer is a part of modifications to the regulatory framework for OBPPs aimed toward selling ease of doing enterprise. Sebi has additionally allowed such platforms to supply bonds issued below Part 54EC of the Revenue-tax Act, 1961, or Part 85 of the Revenue-tax Act, 2025.
Underneath the revised framework, OBPPs can provide merchandise or securities regulated by monetary sector regulators, together with Sebi, the Reserve Financial institution of India (RBI), the Insurance coverage Regulatory and Growth Authority of India (IRDAI), IFSCA and the Pension Fund Regulatory and Growth Authority (PFRDA).
IFSCA-regulated merchandise, securities or providers should be provided within the method specified for Sebi-registered inventory brokers working inside GIFT-IFSC and in compliance with relevant pointers below the Overseas Trade Administration Act (FEMA), 1999, together with Abroad Funding Guidelines and limits below the Liberalised Remittance Scheme (LRS).
Such merchandise can even must be clearly labelled as worldwide or abroad devices to stop confusion with home debt securities.
The revised provisions permit merchandise regulated by monetary sector regulators to be provided both below a separate tab on an OBPP’s on-line bond platform or on one other web site or platform. They are going to be ruled by the instructions and prerequisites of the respective regulator, whereas OBPPs should specify the grievance redressal mechanism on their platform.
First Printed: Aug 14 2026 | 6:09 PM IST
