Internal Risk Assesment Guidance for Money Laundering/ Terrorist Financing Risks
The Guidance Note is intended for the REs of the Reserve Bank, particularly for the dealing staff and the Anti-Money Laundering (AML) / Countering Financing of Terrorism (CFT) / Counter Proliferation Financing (CPF) practitioners of the REs. It intends to support AML/CFT/CPF compliance efforts of the REs as well as to enhance the ability of the financial sector to detect and deter ML/TF/PF by providing certain key principles, methodology, etc.
RBI guidelines for facilitating accessibility to digital payment systems for Persons with Disabilities – Guidelines
PSPs shall submit to the Reserve Bank, within one month of the date of issue of this circular, details of their systems / devices that need to be modified, along with a time bound plan of action for achieving the same. The action plan may be sent to the Department of Payment and Settlement Systems, Reserve Bank of India at dpssfeedback@rbi.org.in along with details of a Nodal Officer who could be contacted, if required, for further queries / clarifications.
RBI directions for submission of information to Credit Information Companies (CICs) by ARCs
The revised guidelines are a crucial step toward enhancing the transparency and reliability of credit reporting in the financial system. By mandating membership with all CICs, the RBI ensures that ARCs provide uniform and comprehensive data, which helps in the accurate assessment of credit risk. For borrowers, this means that their credit history will be more consistently tracked, even after their loans are transferred to ARCs, ensuring that their repayment behavior is adequately reflected in their credit scores.
Ministry of Youth Affairs and Sports invites Comments on Draft National Sports Governance Bill, 2024
Stakeholders and general public have been requested to send suggestions/comments to the Ministry preferably by email at email id draft.sportsbill[at]gov[dot]in by 25.10.2024. Draft National Sports Governance Bill 2024 can be accessed at https://yas.nic.in/sports/draft-national-sports-governance-bill-2024-inviting-comments-suggestions-general-public-and.
DCI Advisory regarding admission in BDS/MDS/ PG Diploma Courses
All the dental colleges are directed to intimate this Council within 15 days about cancellation/discontinuation/discharge of any student from the college, failing which, appropriate action shall be taken under the provision of Dentists Act and Regulations made thereunder.
DCI Regulations on curbing the Menace of Ragging in Dental Colleges, 2009
The DCI has framed ‘DCI Regulations on curbing the Menace of Ragging in Dental Colleges, 2009’ in order to prohibit, prevent and eliminate the scourge of ragging in dental colleges I institutions.
RBI directs CICs and CIs to implement credit information reporting mechanism to the cancellation of the licence/CoR of banks/Non-Banking Finance Companies (NBFCs)
These CIs shall continue to report credit information of the borrowers on-boarded and reported to CICs prior to cancellation of their licence or CoR to all the four CICs till the loan lifecycle is completed or the credit institution is wound up, whichever is earlier.
MCA clarification regarding Aadhar authentication for Prime Minister’s Internship Scheme
Any individual desirous of availing the benefit under the Scheme, who does not possess the Aadhaar number or has not yet enrolled for Aadhaar, shall be required to make application for Aadhaar enrolment, provided he is entitled to obtain Aadhaar and such individual shall visit any Aadhaar enrolment centre (list available at Unique Identification Authority India (UIDAI) website www.uidai.gov.in) to get enrolled for Aadhaar.
Council of the Institute of Cost Accountants of India issues 65th Annual Report
The report clarifies the services the institute provides to stakeholders virtually using Information Technology.
Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021
As per the order, Software Technology Parks of India (STPI) has been entrusted with the task of supporting the Ministry in executing activities pertaining to Surveillance under the aforesaid Order. The cost of surveillance is to be borne by the manufacturer/licensee. The samples under the surveillance would be selected using a random sample selection process. The samples would be purchased from the open market and submitted to designated BIS-recognized laboratories for testing by STPI. The detailed instructions regarding execution of surveillance would be issued to the registered manufacturers and their authorized representatives, designated BIS recognized test labs at the time of issuance of Surveillance Orders to the licensees/manufacturers/labs for selected Registration Numbers.
