ESIC’s New Guidelines for Timely and Effective Resolution of Public Grievances
ESIC has issued an important Office Memorandum regarding the qualitative, effective, and timely resolution of public grievances.
EPFO Issued New Directive on UAN Activation and Aadhaar Seeding for ELI Scheme Benefits
EPFO issues UAN Activation and Seeding Bank Account with Aadhaar for availing the benefits under ELI Scheme.
Securities and Exchange Board of India (Buy-Back of Securities) (Second Amendment) Regulations, 2024
The amendment provides that in case any member of the promoter/promoter group has declared its intention to not participate in the buy-back, the shares held by such member of the promoter / promoter group shall not be considered for computing the entitlement ratio.
SEBI Consultation paper on “Process for appointment of specific KMPs of an MII; and cooling-off period for KMPs and Directors of an MII joining a competing MII
The comments/ suggestions maybe submitted latest by December12, 2024 through web based online mode.
Consultation Paper on Review of Ownership and Economic Structure of Clearing Corporations
The consultation paper would be available for comments on SEBI website for 21 days from the date of issuance. Comments may be sent latest by December 13, 2024 via online web based platform.
SEBI Guidelines to Stock Exchanges, Clearing Corporations and Depositories Based on the recommendations of the Committee on Strengthening of Governance of Market Infrastructure Institutions
As per the guidelines, Public Interest Directors (PIDs) of the MII shall meet separately, at least once in every six months, to exchange views on critical issues concerning the MII.
SEBI amends Master Circular for Credit Rating Agencies
The CRA shall furnish the details of non-payment of debt by entities rated by them for reasons other than lack of funds to the Stock Exchanges, Depositories and Debenture Trustee and formulate policy for the same.
Temporary suspension of MCA portal
Stakeholders are informed that MCA portal will not be available from 22nd November 2024 11:00 PM to 23rd November 2024 07:00 AM and 23rd November 2024 11:00 PM to 24th November 2024 07:00 AM due to scheduled maintenance activity.
International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022
A Financial Institution providing services only to the entities in its ‘Financial Group’ which are located in a country not identified in the public statement of FATF as ‘High-risk jurisdictions subject to call for action’ are exempted. Any financial institution undertaking transactions through third-party business / service providers in the course of their operations, shall undertake business risk assessment and comply with incidental provisions of the Guidelines.
International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021
These Regulations aim to put in place the process of registration and operations of insurer and Re-insurer in an International Financial Services Centre under regulatory purview of The International Financial Services Centres Authority Act, 2019.
