Securities and Exchange Board of India (Real Estate Investment Trusts) (Second Amendment) Regulations, 2024
The amendment provides framework for implementation of the new unit based employee benefit scheme.
BSE caution against providing personal information to trading groups
BSE reiterates that it does not initiate, approve or endorse any such group or scheme or any other social media platform and any participation in such WhatsApp group or prohibited schemes is at investors’ own risk, cost and consequences. Any complaints pertaining to such groups/ schemes/ social media platforms would not be dealt with by BSE.
IFSCA expands scope of LRS transaction
Authorised Persons may facilitate remittances for all permissible purposes under LRS to IFSCs for Availing financial services or financial products as per the International Financial Services Centres Authority Act, 2019 within IFSCs.
IFSCA Public Consultation on proposed amendments to IFSCA (Registration of Insurance Business) Regulations, 2021
The draft International Financial Services Centers Authority (Registration of Insurance Business) (Amendment) Regulations, 2024 provides that at the time of making the application, the applicant shall opt for category under which it intends to participate in reinsurance business emanating from the DTA.
IFSC Banking Units permitted to participate in the synthetic securitization program of Parent bank
IBU shall notify the Authority before the exposures of the IBU are incorporated in the Parent bank’s program for synthetic securitisation.
UGC clarifications regarding Arrear of Post-Doctoral fellowship
UGC has received several representations to extend the last date for claiming pending dues. Stakeholders (HEI’s and Fellows) are requested to claim their pending dues i.e., fellowship/house rent allowance/contingency admissible up to August 2024, by 8th October 2024 on Scholarship Fellowship Management Portal (SFMP).
RBI update on “Measuring Productivity at the Industry Level-The India KLEMS [Capital (K), Labour (L), Energy (E), Material (M) and Services (S)] Database”
The database, which has KLEMS data for an additional year, i.e., 2022-23, is expected to aid the analysis of productivity trends in India at disaggregated industry levels.
RBI Conference for the Statutory Auditors and Chief Financial Officers (CFOs) of Commercial Banks and All India Financial Institutions
The Conference included technical sessions from Guest Speakers from the industry and the Chief General Managers of the Reserve Bank covering expectations from statutory auditors and CFOs, cyber-security, internal controls in financial reporting and usage of data analytics in auditing.
SEBI has issued clarification regarding the information to be filed by schemes of AIFs availing dissolution period/additional liquidation period and conditions for in-specie distribution of assets of AIFs
The information memorandum for a scheme of an AIF entering into dissolution period shall be submitted to SEBI before expiry of the liquidation period or additional liquidation period of the scheme, as the case may be. The information memorandum to be submitted by the scheme of AIF entering into dissolution period and Due Diligence Certificate by Merchant Banker shall be submitted in the prescribed format.
SEBI Master Circular on Surveillance of Securities Market
This Master Circular is categorized subject wise under various headings, viz., trading rules and shareholding in dematerialized mode, monitoring of unauthenticated news circulated by SEBI registered market intermediaries through various modes of communication and disclosure reporting under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
