{"id":79933,"date":"2021-02-03T09:23:50","date_gmt":"2021-02-03T03:53:50","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=79933"},"modified":"2021-03-01T13:49:56","modified_gmt":"2021-03-01T08:19:56","slug":"government-announced-single-security-market-code","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/government-announced-single-security-market-code\/","title":{"rendered":"Government announced &#8220;Single Security Market Code&#8221;"},"content":{"rendered":"<p><strong>What is the news?<\/strong><\/p>\n<p>Government has announced the setting up of a Single Security Market Code.<\/p>\n<ul>\n<li><strong>Coverage:<\/strong> It will consolidate the provisions of SEBI Act,1992, Depositories Act, 1996, Securities Contracts (Regulation) Act,1956, and Government Securities Act,2007.<\/li>\n<li><strong>Impact: <\/strong>This move will improve the ease of doing business in the country\u2019s financial markets. Moreover, it will cut down compliances cost and do away with friction between various stakeholders.<\/li>\n<\/ul>\n<p><strong>Institutional body for bond market:<\/strong><\/p>\n<ul>\n<li><strong>News: <\/strong>Government has proposed the establishment of a permanent institutional body. It will purchase investment-grade debt securities both in stressed and normal times. Thus, It will help in the development of the bond market.<\/li>\n<li><strong>Impact: <\/strong>This would bring confidence among participants in the corporate bond market during times of stress and will improve the secondary market liquidity.<\/li>\n<\/ul>\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/business\/markets\/centre-to-amalgamate-market-laws-into-single-code\/article33721357.ece\"><strong>The Hindu<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the news? Government has announced the setting up of a Single Security Market Code. Coverage: It will consolidate the provisions of SEBI Act,1992, Depositories Act, 1996, Securities Contracts (Regulation) Act,1956, and Government Securities Act,2007. Impact: This move will improve the ease of doing business in the country\u2019s financial markets. Moreover, it will cut&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/government-announced-single-security-market-code\/\">Continue reading <span class=\"screen-reader-text\">Government announced &#8220;Single Security Market Code&#8221;<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[1646,1398],"class_list":["post-79933","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-budget_21","tag-eco_6","entry"],"jetpack_featured_media_url":"","views":{"total":14,"cached_at":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/79933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=79933"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/79933\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=79933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=79933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=79933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}