FSSAI warns against Misleading Ghee or Butter Products in the Market
The FSSAI has issued a notice warning that action must be taken against FBOs selling misleading ghee or butter products in the market. The FSSAI has reiterated that where a product is milk/ milk product/ composite milk product, an FBO cannot label it as a milk/ milk product/ composite milk product. The authority also emphasises that ghee/ butter cannot be claimed to be vegan foods and the use of vegan food claim and vegan logo are only permitted after the prior approval of FSSAI.
RBI publishes Discussion Paper on Securitisation of Stressed Assets Framework (SSAF)
The RBI has published a Discussion Paper on Securitisation of Stressed Assets Framework (SSAF). The discussion paper delineates the broad features of the proposed framework on securitisation of stressed assets (SSAF). Additionally, it solicits views/comments on critical issues of SSAF since securitisation of non-performing assets (NPAs) has features that distinguish it from the securitisation of standard assets. The paper also details 13 specific questions on which comments are solicited from the public. The last date to furnish these 28th February, 2023.
The Dept. of Chemicals & Petro-chemicals publicises the status of enforcement date of 33 QCOs
The Dept. of Chemicals and Petro-chemicals has published the status of enforcement date of 33 Quality Control Orders (QCOs) in respect of Chemical Tariff lines. Out of these 33 QCOs 22 have already come into force in 2022 and 10 are yet to come into force.
SEBI underlines the need for analysis and disclosure of risks of trading in F&O
The Securities and Exchange Board of India (SEBI) has issued a press release underlining the need for analysis and disclosure of risks of trading in the Futures and Options (F&O) segment. The press release pints out the SEBI has conducted an analysis of the trends in both participation and in profits and losses of individual traders in the equity F&O segment under the supervision of a working group.
Standard Operating Process under SEBI (PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database (SDD)
The listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are applicable, the Secretarial Auditor of those entities shall also specifically confirm compliance with the requirement of SDD by the listed entities in its Annual Secretarial Audit Report.
UGC advisory in connection with the G-20 University programme
All Institutions to undertake regular Swachchta Campaign in and around their respective campuses as part of the G-20 event. The activities have to be undertaken starting from the month of January 2023 up to September 2023.
ESIC clarification regarding filing of contributions in respect of employees on ESI leave
It is requested to be careful while filing contributions and to not file contributions for those days, during which period your employees are on ESI leave.
