IFSCA (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Draft Regulations, 2022.
The objective of these regulations is to specify minimum information that is required to be maintained by the International Financial Services Centres Insurance Offices (IIO) and International Financial Service Centre Insurance Intermediary Offices (IIIO), for the purposes of investigation and inspection, under section 33 of the Insurance Act, 1938.
SEBI notifies timeline for transfer of dividend and redemption proceeds to unitholders.
The Interest for the period of delay in transfer of redemption or repurchase or dividend shall be payable to unitholders at the rate of 15% per annum along with the proceeds of redemption or repurchase or dividend, as the case may be. Such Interest shall be borne by AMCs.
SEBI notifies Framework to address the ‘technical glitches’ in Stock Brokers’ Electronic Trading Systems.
All technical glitches reported by stock brokers as well as independently monitored by stock exchanges, shall be examined collectively by the stock exchanges along with the report/RCA and appropriate action shall be taken.
Ministry of Petroleum amends Natural Gas Tariff, Authorisation and Capacity Regulations.
The objective of these changes is to provide access of natural gas in the far-flung areas at the competitive and affordable rates to achieve the long-cherished objective of one nation one grid and one tariff.
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2022
The issuer shall also file the pre-filed draft offer document with the stock exchange(s) where the specified securities are proposed to be listed and submit to the stock exchange(s); the Permanent Account Number, bank account number and passport number of its promoters where they are individuals and the Permanent Account Number, bank account number, company registration number or equivalent and the address of the Registrar of Companies with which the promoter is registered; where the promoter is a body corporate.
Clarification regarding disclosures and compliance requirements for Issuance and Listing of Municipal Debt Securities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015
Accordingly, an issuer under the ILMDS Regulations may issue a green debt security if it falls within the definition of “green debt security”, as per Regulation 2(1)(q) of the NCS Regulations. Such issuer, shall, in addition to the requirements prescribed under the ILMDS Regulations and circulars issued there under, comply with the provisions for ‘green debt security’, as specified under the NCS Regulations and circulars issued thereunder.
