Search: Online Bond Platform Provider

August 2026

• 21Aug

  SEBISEBI proposes Fixed Income Channel Partners to distribute bonds through online bond platforms; charges to clients capped at 2.5%. Comment window closed on 11 September 2026

  Bond distributors (FICP): draftComments invited

  A SEBI consultation paper issued on 21 August 2026 proposes a new class of Fixed Income Channel Partners (FICPs), enlisted with stock exchanges and appointed by Online Bond Platform Providers, to distribute fixed income securities on the lines of mutual fund distributors. FICPs could not handle client funds or charge clients, and AT1-type unsecured perpetual bonds would be out of bounds. Comments were due by 11 September 2026; the window has closed.

• 14Aug

  SEBIOnline Bond Platform Providers may now offer 54EC / section 85 capital-gains bonds and IFSCA-regulated products; compliance officer rule changed

  54EC bonds on bond platformsRelief

  SEBI has widened what Online Bond Platform Providers can offer. From 14 August 2026 they may offer bonds issued under section 54EC of the Income Tax Act, 1961 or section 85 of the Income-tax Act, 2025, and products regulated by IFSCA, each with labelling and disclaimer conditions. The compliance officer is now to be appointed as per the Stock Brokers Regulations, 2026 in place of a Company Secretary.

• 13Aug

  SEBISEBI proposes a mandatory colour-coded Credit Risk-o-Meter for debt securities in offer documents, advertisements and bond platforms; comment window closed on 3 September 2026

  Credit Risk-o-Meter: draftComments invited

  A SEBI consultation paper issued on 13 August 2026 proposes that issuers and Online Bond Platform Providers must display a “Credit Risk-o-Meter” — a six-level colour-coded scale mapped to credit ratings from AAA to D — in offer documents, abridged prospectuses, private placement memoranda, advertisements and OBPP web and mobile platforms. Comments were due by 3 September 2026; the window has closed.