Maharashtra PCB exempts lockdown period from submission of application for consent
Consequent to the outbreak of COVID-19, Maharashtra PCB had extended the validity of consent to establish or operate and environmental authorisations, on several occasions. The Maharashtra PCB has now issued the present circular stating that the period from 1st April, 2020 to 31st March, 2021 is exempted for submission of application of consent or authorisation. Furthermore, for this stipulated period only regular consent fees will be charged.
NSE Standard Operating Process under SEBI(PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database (“SDD”)
The listed entities are advised to take a note that the listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are not applicable, are required to continue to submit SDD Compliance certificate on quarterly basis within 21 days from end of each quarter on sdd_pit@nse.co.in email id.
Review of Securities available for trading under “permitted to trade” category
The process for “permitted to trade” category and accordingly the permitted to trade companies are being reviewed in consultation with and on the advice of the Relevant Authority of the Exchange.
Clarification regarding the Standing Liquidity Facility for Standalone Primary Dealers
On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided that an additional amount of ₹5,000 crore will be made available under the Standing Liquidity Facility for standalone primary dealers on March 31, 2023 at the prevailing repo rate.
Market Access Initiative Scheme to assist EPCs, Trade Bodies, Commodity Board for undertaking various export facilitation and promotion activities
he Indian Trade Portal (www.indiantradeportal.in), developed and maintained by the Federation of Indian Export Organizations (FIEO), caters to the needs of EXIM community.
Full exemption from basic customs duty on all drugs and Food for Special Medical Purposes imported for personal use for treatment
In order to avail this exemption, the individual importer has to produce a certificate from Central or State Director Health Services or District Medical Officer/Civil Surgeon of the district.
Cyber Security and Cyber Resilience framework for Portfolio Managers
Guidelines annexed with this circular shall be effective from October 01, 2023.
Time limit for disclosure of NAV of Mutual fund schemes investing overseas
While complying with the new timelines for declaration of NAV, AMCs as a principle shall ensure that NAV of schemes is disclosed based on the value of underlying securities/ Funds as on the T day (i.e. date of investment in MF units in India).
Regulatory framework for ESG (Environmental, Social and Governance) Disclosures, Ratings and Investing
The Board approved the regulatory framework for ESG (Environmental, Social and Governance) Disclosures, Ratings and Investing and amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Mutual Funds) Regulations, 1996 to facilitate a balanced approach to ESG.
Extension of timelines for Nomination for Mutual Fund Unit Holders
The communication shall provide guidance by which the unit holder(s)can provide nomination or opt out of nomination.