19-December-2025
Markets and Finance
 
Govt proposes single framework for securities regulation
19-Dec-2025

Finance Minister Nirmala Sitharaman table the Securities Market Code (SMC) Bill 2025 in the Lok Sabha on Thursday that proposes to merge three existing laws – the Securities Contracts Act (1956), the Securities and Exchange Board of India Act (1992) and the Depositories Act (1996). The Bill will be referred to a standing committee for further discussion. Proposed for the first time in the Union Budget 2021-22 by Sitharaman, the SMC seeks to remove obsolete and redundant concepts, eliminate duplication of provisions and introduce consistent regulatory procedures for standard processes.

News Source:- https://www.financialexpress.com/business/news/govt-proposes-single-framework-for-securities-regulation/4081681/?ref=morelatest_hp