SEBI notifies registration and regulatory framework for online bond platform providers.
Any entity operating or desirous of operating an Online Bond Platform (OBP) (hereinafter referred to as the ‘entity’) shall, after obtaining registration as a stock broker in the debt segment of Stock Exchange(s), apply to a recognized stock exchange to act as an Online Bond Platform Provider (OBPP) as specified under NCS Regulations.
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022.
The listed entity as notified under regulation 52(7), shall submit to the stock exchange(s), along with the quarterly financial results, a statement indicating the utilisation of the issue proceeds of nonconvertible securities, in such format as may be specified by the Board, till such proceeds of the issue have been fully utilised or the purpose for which the proceeds were raised has been achieved.”
NSE issues circular on Maintenance and Operation of Clearing Bank Account.
Annexure 1 notifies the format for authorisation letter to be submitted by The Member to The Clearing Bank for the Operation of the Clearing Account and Annexure 2 deals with the Account Confirmation Letter from Clearing Bank to Clearing Member, annexure 3 specifies the Format for NOC from Clearing Bank to Clearing Member for Change of Bank.
RBI issues notification on Agency Commission for Direct Tax collection under TIN 2.0 regime.
Agency banks are required to submit their claims for agency commission in the prescribed format to CAS Nagpur in respect of Central government transactions and the respective Regional Office of Reserve Bank of India for State government transactions.
Aadhaar (Enrolment and Update) (Tenth Amendment) Regulations, 2022
Aadhaar number holders may, on completion of every 10 years from the date of enrolment for Aadhaar, update their supporting documents in Aadhaar, at least once, by submitting Proof of Identity (POI) and Proof of Address (POA) documents as specified under Aadhaar Enrolment so as to ensure the continued accuracy of their information in the Central Identities Data Repository (CIDR), in such manner as may be specified by the Authority from time to time.
RBI clarification regarding Premature redemption under Sovereign Gold Bond (SGB) Scheme
. The third due date of premature redemption shall be November 17, 2022 according to the notification on sovereign Gold Bond Scheme which states premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable.
RBI launches nation-wide consumer financial awareness programme
The campaign shall be customised regionally for a better connect. While emphasising information on customer rights, customer protection and grievance redress framework, the campaign will also endeavour to deepen percolation of awareness on protection against digital and electronic financial transaction frauds covering dos and don’ts, safeguards and prevention.
