Login
SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

SEBI to streamline governance norms for REITs and InvITs

#Taxation & Finance News
Last Updated : 22nd Dec, 2022
share-icon Share
font-size icon Font size
ABC Small ABCMedium ABCLarge
Save
print Print
comment Comment
Synopsis

In a bid to streamline procedures, remove ambiguity and ensure compliance the Securities and Exchange Board of India (SEBI) is considering proposals to introduce governance norms, akin to those in place for listed companies, for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). In another decision made this year SEBI will allow Alternative Investment Funds (AIFs) to participate in Credit Default Swaps not only as protection buyers but also as protection sellers. By making this allowance SEBI hopes to provide AIFs with greater investment flexibility and facilitate deepening of the domestic corporate bond market.

Story Image
Story Image

Representative image

In a bid to streamline procedures, remove ambiguity and ensure compliance the Securities and Exchange Board of India (SEBI) is considering proposals to introduce governance norms, akin to those in place for listed companies, for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Although these entities already follow the norms, there is no formal compulsion for them to do so. Therefore, by creating a formal requirement, SEBI hopes to remove any uncertainty that might exit.




A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-producing properties. In India we have three listed REITs; Embassy Office Parks REIT launched in 2019, Brookfield REIT and Mindspace REIT launched in 2020. An Infrastructure Investment Trust (InvITs) are similar to mutual fund. It raises small amounts of funds through direct investment from individuals or institutional investors. According to data published on the SEBI website, there are 19 registered InvITs in India.



In another decision made this year SEBI will allow Alternative Investment Funds (AIFs) to participate in Credit Default Swaps not only as protection buyers but also as protection sellers. A Credit Default Swap (CDS) is a type of derivative that transfers credit exposure of fixed income products. They can be used for speculation, hedging or as a form of arbitrage. By making this allowance SEBI hopes to provide AIFs with greater investment flexibility and facilitate deepening of the domestic corporate bond market.
Next (RBI reports 3.1% rise in India�s housing prices with Kolkata in the lead)

Have something to say? Post your comment

Post Comment

Quick Links

Asset Class

Location

Other News
post_image

5th Jun, 2025

Mumbai emerges as top data centre hub in Asia-Pacific region
post_image

25th May, 2023

Reliance Industries acquires the Mandarin Oriental Hotel in New York
post_image

11th May, 2023

U.S. housing market sees significant decline in home listings amidst reluctant sellers and high mortgage rates
post_image

27th Apr, 2023

US single-family housing construction on the rise: positive signs for a struggling market