New Centres For Filing Claims Of Compensation Notified For Protection Of Plant Varieties And Farmers’ Rights
The Ministry of Agriculture and Farmers Welfare has added nine more centres for filing claims of compensation to its list of existing centres. Such claims can be made for contribution of the people of the concerned village or local community in the evolution or any plant variety,
SEBI comprehensive framework for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs)
SEBI has introduced a comprehensive framework for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs). This move marks a significant step towards enhancing regulatory oversight and ensuring investor protection in the Indian securities market.
SEBI directions for facilitating collective oversight of distributors for Portfolio Management Services (PMS) through APMI
Portfolio Managers shall ensure that any person or entity engaged in the distribution of its services has obtained registration with APMI, in accordance with the criteria laid down by APMI. This circular shall come into effect from January 01, 2025.APMI shall issue the criteria for registration of distributors by July 01, 2024.
SEBI circular to Portfolio Managers for facilitating ease in digital on-boarding process for clients and enhancing transparency through disclosures
Effective from October 1, 2024, portfolio managers will also provide a fee calculation tool to clients, presenting various fee options with multi-year fee calculations. This tool, incorporating the high watermark principle where applicable, aims to enhance transparency regarding fee structures, empowering clients to make informed decisions.
RBI Working Paper titled “Assessing the Impact of Macroprudential Policies on Housing Credit Dynamics: Evidence from India”
This paper evaluates the efficacy of macroprudential (MaP) policy in modulating bank credit to the housing sector and its impact on the asset quality of banks in the Indian context.
Standards and Rating for Undergraduate Siddha Colleges and Teaching Hospitals
The National Commission for Indian System of Medicine has published the National Commission for Indian System of Medicine (Minimum Essential Standards, Assessment and Rating for Undergraduate Siddha Colleges and Attached Teaching Hospitals) Regulations, 2024. These regulations aim to ensure quality education and infrastructure for aspiring Siddha practitioners.
Institute of Teaching and Research in Ayurveda Publishes New Regulations
The Institute of Teaching and Research in Ayurveda Publishes New Regulations has notified three new regulations on pharmacy and swasthavritta programs. These new regulations were published in May 2024.
Staff Paper on Regulatory Oversight on Bidding Behaviour in Power Exchanges
The Central Electricity Regulatory Commission (CERC) is seeking public feedback on its staff paper to enhance oversight of bidding behavior in power exchanges. A public notice inviting feedback was issued on May 5, 2024. The last date to provide feedback is June 30, 2024.