BlogNISM Series XV- Research Analy...13. Legal & Regulatory En...

13. Legal & Regulatory Environment

Ministry of finance

The Ministry of Finance is a government department responsible for overseeing the economic and financial activities of a nation. It is typically responsible for developing economic and fiscal policy, preparing and managing the budget, collecting taxes, monitoring the financial system, managing public debt, and providing advice and assistance to other government departments. The Ministry may also be responsible for regulating the financial sector, overseeing government spending, and managing the public debt.

    1. The Department of Economic Affairs (DEA) is a department of the Ministry of Finance responsible for providing advice and assistance to the government on economic and fiscal policy. The DEA is responsible for formulating fiscal policy, preparing and managing the budget, monitoring the expenditure of government funds, and overseeing the economic performance of the economy.
    2. The Department of Revenue is a department of the Ministry of Finance responsible for collecting taxes and other revenues for the government. The department is responsible for administering the tax system and ensuring compliance with applicable tax laws. The Department of Revenue also provides assistance and advice to other government departments on the collection and management of taxes.
    3. The Department of Expenditure is a department of the Ministry of Finance responsible for overseeing government expenditure. The department is responsible for monitoring the expenditure of government funds and ensuring that funds are used in accordance with government policy and budget allocations. The Department of Expenditure also provides advice and assistance to other government departments on the management of government expenditure.
    4. The Department of Financial Services is a department of the Ministry of Finance responsible for overseeing the financial sector. The department is responsible for formulating and implementing policies to regulate the financial sector, overseeing the banking sector, and ensuring compliance with financial laws and regulations. The Department of Financial Services also provides advice and assistance to other government departments on the regulation and supervision of the financial sector.
    5. The Department of Disinvestment is a department of the Ministry of Finance responsible for the divestiture of governmentowned assets. The department is responsible for formulating and implementing policies for the sale of governmentowned assets, managing the sale of governmentowned enterprises, and overseeing the disinvestment of governmentowned assets. The Department of Disinvestment also provides advice and assistance to other government departments on the management and divestiture of governmentowned assets.

Ministry of Corporate Affairs

The Ministry of Corporate Affairs is primarily concerned with administration of the Companies Act and other allied Acts, rules and regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with law. The issuance of securities by
companies is also subject to provisions of the Companies Act. The Registrar of Companies (ROC) is the authority appointed under the Companies Act to register companies and to ensure that they comply with the provisions of the law.

Reserve Bank of India

Reserve Bank of India The Reserve Bank of India is a central bank responsible for formulating and implementing monetary and financial policy. The Reserve Bank of India is responsible for regulating the banking system, managing the public debt, and setting the interest rate. The Reserve Bank of India also provides advice and assistance to other government departments on the management of the monetary and financial systems.

    1. As the monetary authority: to form
    2. As the regulator and supervisor of the financial system
    3. As the manager of Foreign Exchange
    4. As the issuer of currency
    5. Developmental role
    6. Banking functions

Securities and Exchange Board of India

The Securities and Exchange Board of India (SEBI) is a regulatory body responsible for overseeing the securities markets. The SEBI is responsible for regulating the securities markets, monitoring the activities of market participants, and ensuring compliance with applicable laws and regulations. The SEBI also provides advice and assistance to other government departments on the regulation of the securities markets.

Insurance Regulatory and Development Authority of India (IRDAI)

The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body responsible for regulating the insurance sector. The IRDAI is responsible for formulating and implementing policies to regulate the insurance sector, monitoring the activities of insurers, and ensuring compliance with applicable laws and regulations. The IRDAI also provides advice and assistance to other government departments on the regulation of the insurance sector.

Pension Fund Regulatory and Development Authority (PFRDA)

The Pension Fund Regulatory and Development Authority (PFRDA) is a regulatory body responsible for regulating the pension sector. The PFRDA is responsible for formulating and implementing policies to regulate the pension sector, monitoring the activities of pension providers, and ensuring compliance with applicable laws and regulations. The PFRDA also provides advice and assistance to other government departments on the regulation of the pension sector.

Insolvency and Bankruptcy Board of India (IBBI)

The Insolvency and Bankruptcy Board of India (IBBI) is a regulatory body responsible for overseeing the insolvency and bankruptcy process. The IBBI is responsible for formulating and implementing policies to regulate the insolvency and bankruptcy process, monitoring the activities of insolvency professionals, and ensuring compliance with applicable laws and regulations. The IBBI also provides advice and assistance to other government departments on the regulation of the insolvency and bankruptcy process.

Important regulations in Indian Securities Market

The Insolvency and Bankruptcy Board of India (IBBI) is a regulatory body responsible for overseeing the insolvency and bankruptcy process. The IBBI is responsible for formulating and implementing policies to regulate the insolvency and bankruptcy process, monitoring the activities of insolvency professionals, and ensuring compliance with applicable laws and regulations. The IBBI also provides advice and assistance to other government departments on the regulation of the insolvency and bankruptcy process.

    • 1. The Securities and Exchange Board of India (SEBI) Regulations, 1992: The SEBI regulations are the primary legal framework for regulating the Indian securities market. These regulations set out the rules and regulations regarding the issue and trading of securities, the registration and regulation of intermediaries, and other related matters.
    • 2. The Securities Contracts (Regulation) Act, 1956: The SCRA is a law that regulates the trading of securities in the Indian securities market. The SCRA requires all stock exchanges to be recognized by the government and to comply with certain standards. The SCRA also sets out the rules and regulations regarding the trading of securities on the stock exchanges.
    • 3. The Depositories Act, 1996: The Depositories Act regulates the activities of depository participants in the Indian securities market. The Depositories Act sets out the rules and regulations regarding the registration and regulation of depository participants, the custody and transfer of securities, and other related matters.
    • 4. The Foreign Exchange Management Act, 1999: The Foreign Exchange Management Act is a law that regulates the foreign exchange transactions in India. The Foreign Exchange Management Act sets out the rules and regulations regarding the exchange of foreign currency, the transfer of funds from India, and other
    • 5. Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015: The SEBI (Prohibition of Insider Trading) Regulations are a set of regulations that prohibit insider trading. These regulations set out the rules and regulations regarding the disclosure of inside information by insiders, the prevention of insider trading, and other related matters.

 

Securities and Exchange Board of India (Research Analyst) Regulations, 2014 (amended in December 2016)

The Securities and Exchange Board of India (Research Analyst) Regulations, 2014 (amended in December 2016) govern the activities of research analysts in the Indian securities markets. The regulations set out the rules and regulations regarding the registration of research analysts, the disclosure of research reports, and other related matters. The regulations also provide for the establishment of a research analyst regulatory board, which is responsible for the registration and regulation of research analysts, and for monitoring their activities.

Add a Comment

You must be logged in to post a comment

Disclaimer

Mr. Chartist is solely dedicated to learning the financial market. Our objective is to improve financial literacy. Since we are practicing Technical Analysis on a personal level we will be providing chart-based study in our weekly Chartbook for educational purposes only.

Users of this website are expected to consider this as a blog only for Learning/Education and not to misread it directly or indirectly as any buy/sell recommendations.

We are not SEBI Registered Investment Advisors & Research Analysts.

Please consider the Risk involved in equity markets. We do not take any responsibility for your profit or loss.​

Chart Source– Tradingview.com

Table of Contents