Securities and Exchange Board of India Act offences
Reviewed by Ravi Sisodia · Last reviewed 29 August 2026
Specified offences under the SEBI Act, 1992 - covering serious securities-market fraud - are predicate offences under the PMLA Schedule.
Finin2min Summary — in 2 Minutes
Specified offences under the SEBI Act, 1992 - covering serious securities-market fraud - are predicate offences under the PMLA Schedule.
Official source and legal ownership
What this covers
Specified offences under the Securities and Exchange Board of India Act, 1992 - covering serious securities-market fraud and manipulation - are included as predicate offences under the PMLA Schedule, connecting capital-markets misconduct directly to PMLA enforcement.
How this connects to PMLA enforcement
Where market manipulation or insider trading generates illicit gains, PMLA proceedings can pursue those gains as proceeds of crime independently of, and in addition to, SEBI's own administrative and civil enforcement powers under the SEBI Act itself.
Why it matters
Because SEBI's own enforcement (disgorgement, penalties, market bars) and PMLA's criminal proceeds-of-crime framework operate on different legal bases, a person facing SEBI action for market misconduct may separately face PMLA exposure for the same underlying conduct if it falls within the Schedule's specified offences.
Why this matters in practice
Securities and Exchange Board of India Act offences affects how a regulated entity, professional or process participant must actually operate - not just what the framework says on paper. Applying an outdated version, or treating a notified requirement as optional or generic, is a common and avoidable source of compliance exposure.
Practical implementation checklist
- Confirm the current, in-force version on IBBI's official website before relying on it - this kind of framework is amended relatively often.
- Identify exactly which activity, process stage, filing or threshold this requirement changes, and from what effective date.
- Keep a documented record showing the requirement was actually incorporated into practice, not just noted.
- Check for any further clarificatory notification, circular or judicial interpretation issued after this one.
Practical Q&A
Is this page the complete official text?
No. It is an implementation summary. Verify the exact wording of the notification, rule or form against the official source before relying on it for a filing, opinion or compliance decision.