Securities and Exchange Board of India (Employees’ Service) (Second Amendment) Regulations, 2024
SEBI has introduced the Securities and Exchange Board of India (Employees’ Service) (Second Amendment) Regulations, 2024, aiming to enhance accountability among its employees and strengthen its mechanisms for dealing with alleged misconduct.
SEBI revises list of Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA
SEBI has declared 360 ONE Distribution Services Limited as an entity allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA.
SEBI Master Circular for Alternative Investment Funds
In addition to the requirements specified under this Master Circular, the AIFs shall be required to independently comply with the other requirements specified by SEBI for market intermediaries such as the ‘Levy of Goods & Services Tax (GST) on the fees payable to SEBI’, ‘Approach to securities market data access and terms of usage of data provided by data sources in Indian securities market’, ‘Digital mode of payment’, ‘Information regarding Grievance Redressal Mechanism’ and ‘Guidelines on Outsourcing of Activities by Intermediaries’, etc.
Master Circular for Registrars to an Issue and Share Transfer Agents
SEBI has issued a Master Circular for Registrars to an Issue and Share Transfer Agents. With a view to ensuring that all Rules, Regulations, Guidelines, Notifications etc. issued by SEBI, the Government of India, and other regulatory organizations are compiled with, it is mandated that the RTI shall designate a senior officer as Compliance Officer, who shall coordinate with regulatory authorities in various matters and provide necessary guidance as also ensure compliance internally.
Extending the Deadline for Feedback on Draft Regulations for Petroleum Pipeline Tariffs
The Petroleum and Natural Gas Regulatory Board (PNGRB) has announced an extension for stakeholders to submit their views and comments on the draft regulations concerning the determination of the petroleum and petroleum products pipeline transportation tariff.
PESO notifies proposal for repeal of the Explosives Act, 1884
In the ongoing process of public and stakeholder consultation regarding the proposed repeal of the Explosives Act, 1884 (4 of 1884) and the introduction of the Explosives Bill, 2024, a significant development has taken place. Following requests from concerned stakeholders, the text of the proposed provisions highlighted in the earlier communication dated April 15, 2024, is now available for scrutiny.
Detonator Regulation under Explosives Rules, 2008
In light of the above, all manufacturers of detonators are hereby instructed to submit their applications in a paperless manner (online) to the Head Office, PESO, Nagpur, for the amendment of their detonator manufacturing licenses concerning the manufacturing quantity for the financial year 2024-2025.
