Gypsum based Building Materials (Quality Control) Amendment Order, 2024
Manufacturers and importers who have obtained certification from the Bureau of Indian Standards (BIS) or have applied for certification before the commencement of the amendment order will be allowed to sell or display their existing stock of gypsum-based building materials for up to six months. These manufacturers and importers must submit a declaration to the Central Government, certified by a Chartered Accountant, confirming their intention to sell the existing stock within the specified timeframe.
SEBI directions for valuation of repurchase (repo) transactions by Mutual Funds
The directions provides that all money market and debt securities including floating rate securities shall be valued at average of security level prices obtained from valuation agencies.
International Financial Services Centres Authority (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024
Every Factor, intending to commence factoring business in an International Financial Services Centre shall make an application to the Authority, for grant of certificate of registration, in such format, as specified.
New Rules for Selection and Tenure of State Pollution Control Board Chairpersons
The Chairperson must possess special knowledge or practical experience in environmental protection or administration. The Chairperson will hold office for a maximum of three years or until the age of 65, whichever is earlier. Removal from office can occur under specific circumstances, such as misconduct, incapacity, or financial interest conflicts.
IFSCA modifies International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022
The amended guidelines provides that the Regulated Entity shall adhere to the countermeasures when called upon to do so by any international or intergovernmental organisation of which India is a member and accepted by the Central Government.
IFSCA Consultation Paper on proposed IFSCA (Capital Market Intermediaries) Regulations, 2024
The comments may be sent by email to consultation-cfd@ifsca.gov.in with a copy to Shri Arjun Prasad, General Manager at arjun.pd@ifsca.gov.in with subject line “Comments on draft IFSCA (Capital Market Intermediaries) Regulations, 2024” latest by December 12, 2024.
IFSCA principles to mitigate the Risk of Greenwashing in ESG labelled debt securities in the IFSC
As part of directions for prevention of greenwashing, the issuer shall disclose in the offer document a statement on ESG objectives, details of process followed for evaluating and selecting the project(s) and/or asset(s), proposed use of the proceeds and details of the systems and procedures for tracking the deployment of the proceeds for the issue of securities. The issuer shall avoid the use of broad or generic statements to describe investment screening criteria. Further, disclosures should enable investors to fully understand the product’s sustainability-related investment screening criteria.
National Consumer Helpline (NCH): A Lifeline for Consumer Grievance Redressal
The National Consumer Helpline (NCH) has emerged as a crucial platform for consumers to voice their grievances and seek redressal. With a significant increase in the number of calls received and a focus on technological advancements, the NCH is revolutionizing the consumer grievance redressal process in India.
Ladakh Union Territory: List of Holidays for 2025
The Administrator of the Union Territory of Ladakh issued a notification outlining the List of Holidays for 2025
Haryana Government’s Special Provisions for Workers on Election Day
The Haryana Government Labour Department issued holiday for upcoming Bye-Elections on 13th November 2024 (Wednesday)
