Sebi tweaks framework for online bond platform providers

Capital markets regulator Sebi on Thursday tweaked the regulatory framework for Online Bond Platform Providers (OBPPs) to enhance the ease of doing business. This came after Sebi received representations from stock exchanges and market participants, including online bond platforms.

“The proposed modifications shall aid in ease of doing business for OBPPs,” the Securities and Exchange Board of India (Sebi) said in a circular.

Under this, the regulator has modified the framework pertaining to the issue of order receipt, deal sheet and quote receipt in case of products, securities or services.