SEBI Unveils Proposal for New Fixed‑Income Channel Partner Framework

SEBI announced a proposal to introduce a regulatory framework for entities that act as channel partners in the distribution of fixed‑income securities such as bonds and debentures. The draft framework is intended to bring greater transparency and standardisation to the market, ensuring that intermediaries meet defined compliance and registration norms. SEBI said the move will help protect retail investors and strengthen the overall credibility of the fixed‑income segment, which has seen growing participation in recent years. The board invited feedback from market participants and will consider suggestions before finalising the rules, with an expectation of implementation in the near future.