Photo of Srinjoy Bhattacherjee

Principal Associate in the Banking and Finance practice at the Mumbai office of Cyril Amarchand Mangaldas. Srinjoy advises clients in areas such as structured finance, securitization, general banking and finance. He can be reached at

SEBI Operational Guidelines

The Securities and Exchange Board of India (“SEBI”) has recently issued the operational guidelines (“Operational Guidelines”)[1] for its circular dated August 13, 2021, on ‘Security and Covenant Monitoring using Distributed Ledger Technology’ (the “DLT Circular”)[2]. This article will examine the key highlights of the Operational Guidelines and analyse their impact.Continue Reading A Technology Driven Approach to Achieving Compliance: SEBI’s Operational Guidelines for Monitoring of Security and Covenants