Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2022.
The portfolio manager may make investments in the securities of its related parties or its associates only after obtaining the prior consent of the client in such manner as may be specified by the Board from time to time: Provided that the requirement for obtaining consent shall not apply to such portfolio managers as may be specified by the Board.
The Foreign Exchange Management (Overseas Investment) Rules, 2022
Any investment or financial commitment outside India made in accordance with the Act or the rules or regulations made thereunder and held as on the date of publication of these rules in the Official Gazette, shall be deemed to have been made under these rules and the Foreign Exchange Management (Overseas Investment) Regulations, 2022.
RBI notifies Foreign Exchange Management (Overseas Investment) Regulations, 2022.
An Indian entity may lend or invest in any debt instruments issued by a foreign entity subject to the condition that such loans are duly backed by a loan agreement where the rate of interest shall be charged on an arm’s length basis.
NHA issues hardware guidelines for healthcare institutions at State/ UT level to facilitate effective implementation of Ayushman Bharat Digital Mission.
The guidelines describe the required infrastructure for efficient implementation of the program with a particular focus on quality patient care and adoption of digital initiatives under Ayushman Bharat Digital Mission (ABDM). ABDM will simplify the processes and increase ease of living by connecting the digital health solutions of hospitals and other health facilities across the country with each other.
FSSAI notifies guidelines in reference to the old and new FoSTaC portal.
Under the new Portal, training partner have to make sure all the trainees are enrolled in the training batch code before the start of the training session. No request for the enrolment of the trainee after the start of the training will be entertained under any circumstances.
SEBI mandates Block mechanism in demat account for share sale transactions from 14th November 2022.
Under the mechanism, shares of a client intending to make a sale transaction will be blocked in the client’s demat account in favour of the clearing corporation concerned. The block mechanism will become mandatory from 14th November 2022.
Companies Incorporation (Third Amendment) Rules, 2022
On completion of verification, a report shall be prepared containing basic information about the Company, details of the Registrar visit and about witnesses to the verification along with a photograph of the location.
Clarification on Arrest and Bail in relation to offences punishable under Customs Act, 1962
The circular lays down situations where such arrest and detention can be effectuated in the amended guidelines.
IFSCA issues ‘Framework for Ship Lease’
The IFSCA, after evaluating the potential of ship leasing in the context of “Atma Nirbhar Bharat”, issued a framework to provide an enabling regulatory framework for promoting GIFT IFSC as a hub for international ship leasing and financing business.
IRDAI issues its First Hackathon – Bima Manthan 2022
The hackathon invites participants to identify and develop solutions that have the potential to make the insurance available to every individual in a seamless and swift manner with the use of technology and protecting the interests of the policyholders.
