Budget 2022: Single Securities Markets Code; Framework for Buying Investment Grade Debt Securities & SEBI to Regulate Gold Exchanges
2 Finance minister (FM) Nirmala Sitharaman announced that the Union government will launch a unified ‘Single Securities Market Code’ in order to streamline the market. While presenting the Union budget for FY21-22, the FM said that market regulator Securities and Exchange Board of India (SEBI) will be notified as the regulator for a gold exchange. Furhter, the government would create a permanent institutional framework for purchasing investment-grade debt securities. The unified ‘Securities Market Code’ will include SEBI Act, Govt Securities Act and Depositories Act. All these ...
Source: moneylife.in