SEBI to tighten rules for liquid funds
Mar 06 2019
News Category: Regulatory Updates
According to media reports, Securities and Exchange Board of India is working to tighten rules for money market and debt instruments. The market regulator has lowered the residual maturity limit from 60 days to 30 days for amortisation-based valuation. In addition, it has also tapered the threshold between the reference price and valuation price.