SEBI had set up a working group (WG) to inter alia review and align the provisions of the SDI Regulations with RBI SSA Directions. Accordingly, SEBI notified amendments to SEBI (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008 with a view to refresh and restate the SDI Regulations in the backdrop of the revised directions issued by the RBI in September 2021 on Securitization of Standard Assets and feedback from market participants.
Now SEBI has invited feedback from the public on the Consultation paper on draft circular mandating periodic disclosure requirements for Securitised Debt Instruments which contains the proposals with regards to periodic
disclosure requirements for Trustee of the Special purpose distinct entity.
