INC Urges Nursing Institutions to Submit Compliance Reports
The Indian Nursing Council (INC) has issued a reminder to medical institutions that have not yet received suitability renewal for the academic year 2024-25. The deadline for uploading compliance reports has been extended to September 30, 2024.
NMC Backtracks on College of Physicians and Surgeons Course Discontinuation
The Post Graduate Medical Education Board (PGMEB) of the National Medical Commission (NMC) has withdrawn its previous notice regarding the discontinuation of courses offered by the College of Physicians and Surgeons (CPS), Mumbai. This decision follows the Bombay High Court’s order of August 22, 2024, which stayed the PGMEB’s earlier decision.
New Competency Based Medical Education Curriculum (CBME) Guidelines, 2024
The CBME guidelines, developed in collaboration with expert groups, aim to transform medical education in India by focusing on developing essential competencies in medical graduates. The CBME framework encompasses three volumes on varied subjects. The NMC believes that the CBME guidelines will equip medical graduates with the knowledge, skills, and attitudes necessary to provide high-quality patient care in a complex and evolving healthcare landscape.
NMC Revises Performance Bank Guarantee Requirements for Medical Colleges
These revised rates and tenures are applicable for both performance bank guarantees and electronic bank guarantees (e-PBGs). Medical colleges are required to comply with these changes when submitting applications. These changes will take effect from the academic year 2025-26.
Process For Registration On National Medical Register (NMR) Portal
The NMR portal offers a user-friendly online process for doctors to register. Medical colleges, institutions, and State Medical Councils are integrated with the NMR portal for seamless data sharing. Existing MBBS doctors registered with the Indian Medical Register (IMR) need to re-register on the NMR portal.
IFSCA (Investment by International Financial Services Centre Insurance Office) Regulations, 2022
The proposed amendments to the International Financial Services Centres Authority (Investment by International Financial Services Centre Insurance Office) Regulations, 2024, reflect IFSCA’s commitment to creating a robust regulatory environment that supports the growth and stability of the insurance sector within IFSCs. By addressing the specific needs of ULIP investments and providing clearer guidelines for investments in the DTA, these amendments aim to enhance the clarity, transparency, and effectiveness of the regulatory framework governing IIOs. Public feedback is crucial to ensuring that these regulations meet the needs of all stakeholders involved.
IFSCA signs MoU with ICMAI to Develop GIFT IFSC as a Global Finance and Accounting Hub
The MoU’s primary objective is to support the export of financial services talent from GIFT IFSC. ICMAI, leveraging its extensive network of overseas chapters and members, will actively disseminate information about the opportunities available within GIFT IFSC. Additionally, ICMAI under the guidance of IFSCA, shall develop academic courses tailored to the specific needs of International Financial Services Centres (IFSCs), aligned to the global best practices.
Consultation paper for Listing of Commercial Paper (CP) and Certificates of Deposit (CD) on the recognized stock exchanges in the IFSC
The objective of the proposed circular is to specify regulatory requirements for facilitating issuers to issue CPs and CDs in a more efficient and transparent manner ensuring that adequate material information is made available to the investors for making informed decision.
