Companies Incorporation (Third Amendment) Rules, 2022
On completion of verification, a report shall be prepared containing basic information about the Company, details of the Registrar visit and about witnesses to the verification along with a photograph of the location.
Clarification on Arrest and Bail in relation to offences punishable under Customs Act, 1962
The circular lays down situations where such arrest and detention can be effectuated in the amended guidelines.
IFSCA issues ‘Framework for Ship Lease’
The IFSCA, after evaluating the potential of ship leasing in the context of “Atma Nirbhar Bharat”, issued a framework to provide an enabling regulatory framework for promoting GIFT IFSC as a hub for international ship leasing and financing business.
IRDAI issues its First Hackathon – Bima Manthan 2022
The hackathon invites participants to identify and develop solutions that have the potential to make the insurance available to every individual in a seamless and swift manner with the use of technology and protecting the interests of the policyholders.
Directions for Asset Management Companies Participating as Financial Information Providers in Account Aggregator framework
There shall be adequate safeguards built in IT systems of FIPs in the securities markets to ensure that it is protected against unauthorized access, alteration, destruction, disclosure or dissemination of records and data. The FIPs in the securities markets shall also abide by the code of conduct as specified in the SEBI regulations applicable to them, including redressal of grievances of the customers.
SEBI Settlement Scheme 2022
The terms and conditions of the Scheme, 2022 shall be available on the respective websites of SEBI and BSE on August 22, 2022. The Scheme shall commence on August 22, 2022 and end on November 21, 2022 (both days inclusive) or such other date as approved by the Competent Authority.
National Strategy on Additive Manufacturing (NSAM)
All Higher Educational Institutions (HEIs) and its affiliated colleges/institutions shall explore and initiate suitable programmes to adopt the “National Strategy on Additive Manufacturing (NSAM)”.
DCA publishes draft amendment to Legal Metrology (Packaged Commodities) Rules, 2011
The amendment seeks to introduce a provision that mandates the package to have a declaration of two or more prime constituents of the commodity with the Brand Name/Logo in case the commodity contains more than one constituent.
BSE clarification on the Brokerage, Statutory & Regulatory Levies
It is clarified that the maximum brokerage on options contracts shall not exceed 2.5% of the premium amount of Rs. 100/- (per lot) whichever is higher. The trading members can charge brokerage for option contracts only on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract.
