Latest Breaking News On - முதலீட்டாளர் ப்ரொடெக்ஶந் - Page 19 : comparemela.com

AMFI comes out to support SEBI on AT1 Bonds March 12, 2021 × Even as the Department of Financial Services has asked SEBI to withdraw a circular on Additional Tier 1 (AT1) perpetual bonds citing risk to the mutual fund industry, the MF industry body AMFI has come out in support of the same SEBI circular. It is a peculiar situation now and the Finance Minister may have to intervene, sources told BusinessLine. AMFI is a trade body that represents the MF industry, however DFS is a government department that has powers to issue directions to SEBI. The DFS office memo has asked SEBI to withdraw a rule treating AT1 bonds (perpetuals) as having 100-year maturity. The DFS has termed the SEBI circular on perpetual bonds as ‘disruptive’ for the Mutual Funds (MF) industry but the AMFI has taken an opposing view.

Mutual fund advisory committeeDepartment of financial servicesFinancial servicesAdditional tierFinance ministerMutual fundsGovernment securityAdditional tieri bondsInvestor protectionSebi on at1 bondsAmfi supports sebiMutual fundSebi at1 bondsதுறை ஆஃப் நிதி சேவைகள்நிதி சேவைகள்நிதி அமைச்சர்