The International Financial Services Centres Authority vide notification dated 7th January, 2022 has expanded the scope of the term financial product under International Financial Services Centres Authority. It is clarified that ‘ship lease’ which shall include operating lease, and hybrid of operating and financial lease, of a ship or ocean vessel, engines of ship or ocean vessel, or any other part thereof, as a financial product.
It is proposed that the regulated entities maybe mandated to maintain the record of all such communication, which are mandated to be communicated under the
The suggestion relating to the appointment process aims to achieve better shareholder participation in the appointment process of PIDs. For improving ease of doing business
It is proposed that merchant bankers, other than Banks, Public Financial Institution and their subsidiaries, shall undertake only those activities, which are related to securities
DoT has notified ‘Telecommunications (Administration of Digital Bharat Nidhi) Rules, 2024’. The rules provide for powers and functions of administrator, who will be responsible for
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