Environmental Relief Fund (Amendment) Scheme, 2024
The amendment provides that the Central Pollution Control Board or State Pollution Control Board or Fund Manager shall maintain proper records and documentation of the utilization of funds and shall submit annual reports to the Central Government detailing the progress of environmental remediation
activities.
RBI reviews the framework for Domestic Money Transfer
The remitting bank shall obtain and keep a record of the name and address of the beneficiary for all Cash Pay-out Service.
RBI releases draft circular on Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR)
Comments on the draft circular are invited from banks and other stakeholders by August 31, 2024.
RBI – Digital Payments Index for March 2024
The RBI-DPI index has increased across all parameters driven by significant growth in payment performance and payment infrastructure across the country over the period.
RBI issues Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks
The Reserve Bank of India issued a Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks (UCBs). The provisions of the PCA Framework will be effective from April 1, 2025.
Regulatory Sandbox – Fifth Cohort (Theme Neutral) – Test Phase
The Reserve Bank received twenty-two applications of which five have been selected for the ‘Test Phase’. The entities shall commence testing of their solutions from August 2024.
Extended timeline for submission of comments/feedback on Draft Guidelines for Prevention and Regulation of Unsolicited and Unwarranted Business Communication, 2024
The comments may now be submitted until 05.08.2024. The comments may be submitted by email to js-ca@nic.in.
Securities and Exchange Board of India (Alternative Investment Funds) (Third Amendment) Regulations, 2024
Certificate of registration as a Category I Alternative Investment Fund –Venture Capital Fund (Migrated Venture Capital Fund)shall be granted by the Board to eligible AIFs.
SEBI analysis of Intraday trading by Individuals in Equity Cash Segment
The objective of this study is to analyze trading by individuals in intraday cash segment during the study period -FY19, FY22 and FY23.
Extension of timeline for submission of public comments on the consultation paper titled “Recommendations of the Expert Committee for facilitating ease of doing business and harmonization of the provisions of ICDR and LODR Regulations”
It has been decided to extend the timeline for submission of comments to July 29, 2024.
