Module for processing of applications for issue of Written Confirmation Certificate to export to EU
The CDSCO has launched module for processing of applications for issue of Written Confirmation Certificate as per requirement of European Union for export of active substances for medical purposes for human use to member countries of EU.
Union Territory of Ladakh Street Vendors (Protection of Livelihood and Regulation of Street Vending) Rules, 2021
The Rules provides for constitution of Grievance Redressal and Dispute Resolution Committee. Every application for redressal of a grievance or resolution of a dispute shall be in Form-1.
Insurance Regulatory and Development Authority of India (Indian Insurance Companies) (Amendment) Regulations, 2021
The amendment provides that In an Indian Insurance Company having foreign investment exceeding forty-nine percent, for a financial year for which dividend is paid on equity shares and for which at any time the solvency margin is less than 1.2 times the control level of solvency, not less than fifty percent of the net profit for the financial year shall be retained in general reserve.
IFSCA issues framework for Setting up and operating International Trade Finance Services platform (‘ITFS’)
The framework will enable Exporters and Importers to avail various types of trade finance facilities at competitive terms, for their international trade transactions through a dedicated electronic platform viz, ITFS. This will help in their ability to convert their trade receivables into liquid funds and to obtain short term funding.
The Insecticides (Amendment) Rules, 2021.
A person who applies for the grant of licence or existing licencee to sell, stock or exhibit for sale or distribute insecticides commonly used for household purpose only and registered as such, shall be exempted from the requirement of educational qualification prescribed for insecticides dealers.
The Chartered Accountants (Amendment) Regulations, 2021.
The Amendment is brought under Form 18 to include details of Non-CA partners
SEBI issues norms for valuation of Securities of Multiple Put Options.
The put option shall be considered as ‘in favour of the scheme’ if the yield of the valuation price ignoring the put option under evaluation is more than the contractual yield/coupon rate by 30 basis points.
