FAQs on Registration of a Finance Company/ Finance Unit

These conditions shall not apply to an applicant intending to undertake activity of a Global / Regional Corporate Treasury Centre as a Finance Unit. The FAQ also provides clarifications regarding constitution, operations and group structure of FUs.

IFSCA FAQ on International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing And Know Your Customer) Guidelines, 2022

The regulations shall be applicable to every Regulated Entity (RE) which is licensed, recognized, registered by International Financial Services Centres Authority (IFSCA) and also to the Regulated Entities authorized by it, to the extent specified. The provisions of the Guidelines shall also apply to the Financial Group of the Regulated Entity.

SEBI circular for Doing away with freezing of Demat Accounts and Mutual Fund Folios for existing investors

The Securities and Exchange Board of India (SEBI) has issued a new circular on June 10, 2024, aimed at easing investment procedures and addressing compliance issues for existing investors in the Indian securities market. This circular, directed to various stakeholders including recognized stock exchanges, depositories, mutual funds, asset management companies (AMCs), and other related entities, introduces significant changes to the regulations concerning the submission of ‘choice of nomination’ for demat accounts and mutual fund folios.

Fee Refund Policy 2024-25

A full refund of fees shall be made by the HEls on account of all cancellations of admissions/migrations of students up to 30 September 2024 and with a deduction of not more than Rs. 1,000, as a processing fee, up to 31 October 2024.

National Award to Teachers 2024

All the Higher Education Institutions are once again requested to widely disseminate it among the stakeholders and also to nominate deserving candidates for the awards as part of institutional nomination and facilitate the faculty members with timely issuing of necessary documentations to be uploaded while applying online. It is informed that the portal, www.awards.gov. in for accepting nominations shall be live up to dated 20.06.2024 only.