Extension of timeline for submission of applications for Third Global Hackathon of Reserve Bank of India
Keeping in view the requests received, it has been decided to extend the timeline for registration and submission of applications up to July 31, 2024.
Reserve Bank of India clarifies on impact of outage in Microsoft Services on its Regulated Entities
The Reserve Bank has issued an Advisory today to its Regulated Entities for taking necessary steps to remain alert and ensure operational resilience and continuity.
GeM’s e-Learning Training Courses now available in 12 Official Languages
The e-Learning Training Courses are now available in twelve official languages – Assamese, Bengali, English, Gujarati, Hindi, Kannada, Malayalam, Marathi, Odiya, Punjabi, Tamil, and Telugu, catering to diverse user needs. The user-friendly interface provides improved user experience with dedicated libraries and a progress tracking dashboard.
IRDAI has withdrawn the circular on ‘Payment of Commission, remuneration, rewards and distribution fees under Long Term Motor Insurance Policies’
Consequent to the notification of IRDAI (Expenses of Management, including commission, of insurers) Regulations,2024, the circular on ‘Payment of Commission, remuneration, rewards and distribution fees under Long Term Motor Insurance Policies’ Circular No. IRDA/INT/CIR/Comm/139/08/2018 dated 29th August,2018 has become redundant.
ESIC to improve existing e-governance platform ‘Panchdeep 1.0’
ESIC has engaged an Consulting Entity to assist ESIC in improving existing e-governance platform of ESIC, Panchdeep 1.0 and getting it implemented through technological improvisations in terms of hardware, software, connectivity and business re-engineering to make it more flexible, adaptable and user friendly.
Nidhi (Amendment) Rules, 2024
The amendment mandates that a company shall not use the words “Nidhi Limited” in its name unless it is declared as a nidhi company under sub-section (1) of section 406 of the Companies Act, 2013.
Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024
The amendment provides that if a director intends to update his personal mobile number or the email address again at any time during the financial, he shall update the same by submitting e-form DIR-3 KYC on payment of fees of five hundred rupees.
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024
The amended rules have issued revised Form IEPF-1, IEPF-2 & IEPF-3
IFSCA seeks suggestions for review of IFSCA (Capital Market Intermediaries) Regulations, 2021
Suggestions may be sent by email to Shri Praveen Kamat, General Manager at praveen.kamat@ifsca.gov.in and Shri Arjun Prasad, General Manager at arjun.pd@ifsca.gov.in with the subject line “Comments for review of IFSCA (Capital Market Intermediaries) Regulations, 2021” latest by August 01, 2024.
Report of the Expert Committee for drafting institutional arbitral rules for the proposed International Arbitration Centre at GIFT IFSC
The report of the Expert Committee can be accessed on the IFSCA website at https://shorturl.at/CExX9.
