SEBI consultation paper to gather public and stakeholder input on the recommendations made by an Expert Committee
The Securities and Exchange Board of India (SEBI) has released a consultation paper to gather public and stakeholder input on the recommendations made by an Expert Committee. These recommendations aim to facilitate ease of doing business and harmonize the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations).
SEBI has introduced significant amendments to the Stock Brokers Regulations of 1992
Key managerial personnel and senior management, including Designated Directors, are required to implement robust systems for monitoring trading activities and internal controls to ensure regulatory compliance. These systems must be capable of detecting, preventing, and reporting potential fraud or market abuse by clients, employees, or Authorized Persons.
MIB warning against Violation of Policy Guidelines, 2022 by the permission holders by letting out the TV Channels
MIB has warned TV Channels misusing the permission and authorizing /enabling /contracting out the operations or other core functions/activities of the channel to any non- permitted entity/ person(s)/company/ LLP through any explicit or implicit agreement or arrangement, without the prior permission of this Ministry.
PFRDA allows Same Day Investment of NPS contributions (T+0) received by Trustee Bank
With advancements in technology and a robust system-level interface between TB and CRAs, contributions received by TB till 11 AM (T) on any settlement day will now be considered for same-day investment. Contributions received by TB after 11 AM will be invested on the next day (T+1).
SEBI consultation Paper for introduction of Mutual Funds Lite Regulations(MF LITE)for passively managed Mutual Funds Schemes
The objective of this consultation paper is to seek comments / views from the public on the proposals related to introduction of a relaxed regulatory framework in the Mutual Funds(MF) segment viz, “the MF Lite Regulations” for the passively managed MF schemes.
Ministry of Power Seeks Input on Revised Electric Vehicle Charging Guidelines
The Ministry of Power is inviting comments on a new draft of the “Charging Infrastructure for Electric Vehicles Guidelines & Standards.” This present revision incorporates feedback from stakeholders, including Oil Marketing Companies (OMCs) and public/ private charging point operators. Stakeholders are encouraged to submit comments by July 28, 2024.
Maharashtra Pollution Control Board Extends Amnesty Scheme for Industry Penal Fees
The original Amnesty Scheme waived a portion of penal fees for industries and healthcare establishments violating air and water pollution control regulations like delayed consent applications or operating without consent. This scheme was applicable for applications submitted between March 1 to May 31, 2024. Considering a positive industry response, the MPCB has extended the scheme for an additional three months, from June 1, 2024 to August 31, 2024.
New CGHS Card Guidelines for Serving and Retired Employees
These updates reflect technological advancements and changes in CGHS contribution methods. This Office Memorandum (OM) was issued on June 28, 2024 and the revised guidelines contained therein shall come into effect from July 28, 2024.
Revised Guidelines For Referral Process in CGHS
The revised guidelines state that referral from a CGHS Wellness Centre Medical Officer (MO) is valid for three months. During this period, beneficiaries can consult up to three specialists on the referring doctor’s recommendation. A maximum of six consultations are allowed within the three-month validity. CGHS beneficiaries aged 70 and above can now avail consultations, investigations, and treatment procedures previously limited to those 75 and above. Moreover, teleconsultation through e-Sanjeevani remains an option.
