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Sebi Unveils Beta Version of Settlement Calculator

The settlement calculator's beta version will be available on Sebi's website starting on Thursday.

Capital markets regulator Sebi unveiled a beta version of the settlement calculator on Thursday, 30 May, with the goal of streamlining the process of figuring out the indicative settlement amount and enhancing system transparency. This settlement calculator allows applicants to select fields according to the offences they have committed.

It also allows the applicant to select appropriate options based on their previous regulatory history, Sebi’s actions, and the details of any other ongoing procedures as of the filing date of the settlement application.

Furthermore, a user-friendly tutorial video has been included to the settlement calculator to help with the process of figuring out the indicative settlement amount.

The regulator said in a statement, “In order to simplify and provide more transparency in the process of arriving at the indicative settlement amount in terms of the parameters laid down in the Sebi (Settlement Proceedings) Regulations, 2018, Sebi has launched the settlement calculator (Beta version).”

The settlement calculator’s beta version will be available on Sebi’s website starting on Thursday. In order to settle the disagreement without admitting or denying any wrongdoing, an alleged offender may pay settlement charges to Sebi as part of the settlement procedure.

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