1. Why SEBI Amendments Matter
SEBI updates its regulations constantly to adapt to market evolution, technological change, and emerging risks. Staying current isn't just about compliance — it's about understanding how market structure is changing around you.
2. T+0 Settlement (2024-2026)
SEBI is piloting same-day settlement (T+0) in phases:
- T+1 settlement became mandatory for all stocks by January 2024
- T+0 pilot launched for select stocks with limited brokers
- Instant settlement is the long-term vision
Impact: Reduces counterparty risk, frees up broker capital, but requires significant technology upgrades.
3. F&O Reforms
SEBI has introduced several F&O-related changes:
- Enhanced eligibility criteria: Stocks need higher market cap and liquidity to have F&O contracts
- Position limits: Stricter enforcement of client-level position limits
- Physical settlement: Expanded mandatory physical settlement for stock derivatives
- Weekly options: Restrictions on excessive weekly option introductions
4. Finfluencer Regulations (2024)
SEBI's crackdown on unregistered investment advisors and social media influencers:
- Mandatory registration for anyone providing investment advice for compensation
- Disclosure requirements for paid promotions of securities
- Penalties for misleading claims and guaranteed return promises
- Action against coordinated manipulation through social media
5. ESG and BRSR Mandates
Business Responsibility & Sustainability Reporting (BRSR) has been expanded:
- Top 1,000 listed companies must file detailed ESG disclosures
- BRSR Core introduces assurance requirements for key metrics
- Value chain reporting requirements for supply chain ESG
6. Cybersecurity and Technology
New requirements for market infrastructure:
- Cybersecurity audits: Mandatory for stock exchanges, depositories, and clearing corporations
- Disaster recovery: Enhanced requirements for business continuity
- API governance: Regulations around broker APIs and algo trading
7. How to Stay Updated
- SEBI circulars: sebi.gov.in → Legal Framework → Circulars
- Exchange notices: NSE and BSE publish implementation timelines
- Broker communications: Major changes are communicated via email/SMS
- Financial media: Business Standard, Economic Times, Moneycontrol cover major changes
💡 Key Takeaway
SEBI evolves faster than most investors realize. T+0, finfluencer rules, F&O reforms, and ESG mandates are reshaping market structure. Ignoring regulatory changes means trading with outdated assumptions.