SEBI directs custodians and DDPs to publish investor charter and disclose monthly data on complaints.
Sebi has requested custodians and DDPs to bring the charter “to the notice of their clients and ensure that the Investor Charter is prominently displayed on their respective website for ease of accessibility of investors.
Revised Operational Circular for issue and listing of Non-convertible Securities, Securitized Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper
The framework is revised to direct that during Listing of Commercial Paper, Where an issue is made by an issuer who has been in existence for less than three years, a disclosure that the issue is open for subscription only to Qualified Institutional Buyers shall be made.
Clarification regarding settlement of trades executed on stock exchanges in IFSC
IFSC has decided that the settlement for all the trades being executed on the stock exchanges in IFSC shall be done at least once a day.
SEBI directs merchant bankers to publish investor charter and disclosure of investor complaint on their website.
All registered Merchant Bankers are advised to disclose on their websites, the Investor Charter for private placement of units by InvITs proposed to be listed and shall disclose on their respective websites, the data on complaints received against them or against issues dealt by them and redressal thereof, latest by 7th of succeeding month.
SEBI extends the cut-off time for generation of last Risk Parameter File (RPF) for client’s margin collection purpose.
Clearing Corporations shall send minimum 4 snapshots of client wise margin requirement to TMs/CMs for them to know the intra day margin requirement per client in each segment. The number of times snapshots need to be sent in a day may be decided by the respective Clearing Corporation depending on market timings subject to a minimum of 4 snapshots in a day. The snapshots would be randomly taken in pre-defined time windows.
RBI releases ‘Draft Master Direction on Minimum Capital Requirements for Operational Risk’
These direction shall come into effect from April 1, 2023 and all existing approaches viz. Basic Indicator Approach (BIA), The Standardised Approach (TSA)/ Alternative Standardised Approach (ASA) and Advanced Measurement Approach (AMA) for measuring minimum operational risk capital requirements shall be replaced by the new standardised approach (Basel III Standardised Approach).
Gujarat State tax on Professions, Trades, Callings and Employments (Amendment) Act, 2021 comes into force.
The Amendment notifies a new entry 7A to the schedule I which specifies the rate of tax on professions, trades, calling and employment.
CPCB invites EOI from Start-ups/firms working in area of air quality monitoring and data management.
The Start-ups shall disclose the information relating to their working area, Details of Authorized Person along with E-Mail and contact number, Details of Components /Parameters of Air Quality monitoring covered , Brief description of the start-up working in the field of air pollution/ air quality monitoring etc.
Revised MEIS rates for export of solar cells assembled in modules or made up into panels
MEIS rates for export of solar cells assembled in modules or made up into panels with LEO date from 27.03.2020 to 31.12.2020 shall be two percentage.
Quicker processing of license applications for manufacturing kind of business for multiple foods
FSSAI has directed for quicker processing of license applications for manufacturing kind of business for multiple foods in furtherance of ease of doing business reforms.
