The Food Safety and Standards (Approval for Non-Specified Food and Food Ingredients) First Amendment Regulations, 2022

As per the amendment under section 4, the manufacturer or importer of non-specified food shall submit an application in FORM – I along with necessary documents and fee to the Food Authority. The Food Authority shall scrutinize the application and information provided by the applicant and on preliminary scrutiny, deficiencies, if any, shall inform the applicant within a period of forty-five days from the date of receipt of the application.

The Indian Nursing Council (Diploma in Public Health Nursing), Regulations, 2020.

The Diploma in Public Health Nursing (DPHN) is a one year training program and its curriculum is conceptualized encompassing foundational short courses and major specialty courses for public health nursing and management. The foundations to public health nursing such as applied microbiology and pathology, Nutrition and food safety, Information, Education and Communication including individual and family education and counselling and the major specialty courses are organized under Community Health Nursing-I & Community Health Nursing-II.

SEBI issues Standard Operating Procedure for inter-operable Regulatory Sandbox

Financial products / service providers whose business models / activities / features fall within the remit of more than one financial sector regulator, shall be considered for the testing under IoRS. FinTech Department of RBI shall act as nodal point for receiving applications under IoRS and shall be designated as ‘Coordination Group (CG)’ for IoRS. All the necessary secretarial support shall be provided by them.

International Financial Services Centres Authority (Setting up and Operation of International Branch Campuses and Offshore Education Centres) Regulations, 2022.

The Objective of this regulation is to enable Foreign Universities to establish International Branch Campuses in GIFT International Financial Services Centre (hereinafter referred to as the GIFT IFSC) either on stand-alone basis, or in such other form as may be permitted by the Authority and to make the GIFT IFSC an international educational centre catering to both Indian and foreign students in the specified disciplines and to encourage research in Banking, Insurance, Capital Market, Funds Management, FinTech, Longevity Finance, Sustainable Finance, Quantum Computing, etc., to provide high-end human resources in finance, technology and related fields.

Telecom Startups-MSMEs Mission (TSuM)

The National Digital Communication Policy envisages necessary facilitation for technology Startups and MSMEs with the objective to enhance Indian contribution to the global value chain. In view of the above, the DoT announces the institutionalization of such facilitation through the “Telecom Startups-MSMEs Mission (TSuM)”.

RBI reclassifies layers of NBFCs

Statutory Auditors are required to certify the asset size (as on March 31) of all the NBFCs in the Group every year. The certificate shall be furnished to the Department of Supervision of the Reserve Bank under whose jurisdiction the NBFCs are registered.

Regulatory Framework for Asset Reconstruction Companies

The revised framework mandates that ARCs shall undertake due diligence to determine the suitability of the person for the post, based upon track record, integrity and other ‘fit and proper’ criteria. For this purpose, ARCs shall obtain necessary information and declaration from the appointed/ existing directors and MD/ CEO in the prescribed format.