The International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021.
Regulations envisage registered capital market intermediaries to undertake cross-border business in capital markets in India and foreign jurisdictions, subject to certain conditions such as ring fencing of operations, appropriate risk management and internal controls, maintenance of records etc.
The International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021.
An Indian insurer or re-insurer desirous of setting up a place of business in an unincorporated form in an IFSC, shall be duly registered with IRDAI for undertaking the business of insurance or re-insurance in India and has been granted a No Objection Certificate by the IRDAI to set up place of business in an IFSC.
Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021.
As per the definition, the “Infrastructure Investment Trust” or “InvIT/ “REIT” means a business trust as defined in sub-clause (i) of clause 13A of section 2 of the Income-tax Act, 1961.”
Cabinet approves PM Gati Shakti National Master Plan.
The EGOS has been mandated to review and monitor implementation of the PM GatiShakti NMP to ensure logistics efficiency. It is empowered to prescribe framework and norms for undertaking any subsequent amendments to the NMP.
SEBI clarifies Modalities for filing of placement memorandum through a Merchant Banker
While filing draft placement memorandum at the time of registration or prior to launch of new scheme on the SEBI intermediary portal, the due diligence certificate provided by the Merchant Banker shall also be submitted, along with other necessary documents.
Egg products shall comply with Codex standards of Codex Alimentarius Commission
The egg products shall comply with the National Standard of the importing countries in absence of which codex standards of Codex Alimentarius Commission.
Guidelines for granting Environmental Clearance (EC) for up to 20% expansion of Iron, Manganese, Bauxite and Limestone mining projects
The expansion of Iron, Manganese, Bauxite and Limestone mining projects (with 5-star ratings) upto 20% of the production capacity for which EC had been granted on the basis of public hearing, shall be allowed to undertake public consultation instead of Public Hearing at site while granting EC.
