Review of Guidelines for setting up and operation of International Trade Financing Services Platform
The revised IFSCA guidelines for setting up and operating these platforms, released on December 23, 2024, introduce key changes aimed at enhancing operational flexibility and expanding the scope of services. These changes come after extensive consultations with market participants and stakeholders following the initial guidelines issued on July 9, 2021.
SEBI’s New Circular on Data Sharing Policy for Research Purposes
The circular sets clear guidelines on how market infrastructure institutions (MIIs) should segregate data into two categories and share it with accredited academic institutions, while ensuring that sensitive and personal information remains protected.
SEBI Circular on Industry Standards for Reporting of BRSR Core
The primary objective of this circular is to facilitate the effective implementation of the BRSR Core disclosure requirements for listed entities. The BRSR Core, introduced by SEBI in 2021, mandates listed companies to report their performance across several sustainability indicators, covering areas such as climate risk, resource use, stakeholder engagement, and governance practices. This circular serves to standardize the process and simplify the way companies report these parameters, ensuring consistency, comparability, and transparency in their ESG disclosures.
SEBI Circular on Draft Scheme Information Documents (SID) Submission
The recent SEBI circular marks a significant step in improving the mutual fund disclosure process in India. By reducing the public comment period and simplifying certain procedural requirements, SEBI is enhancing the efficiency of the process without compromising on transparency and investor protection. These changes reflect SEBI’s ongoing efforts to adapt to the evolving needs of the asset management industry while ensuring that investors continue to receive the necessary information to make informed investment decisions.
Review of IFSCA (Fund Management) Regulations, 2022
The revised regulations aim to enhance ease of doing business, protect investor interests, and align the regulatory framework with global best practices.
Ministry of Labour and Employment Declares Coal Industry as Public Utility Service for Six More Months
Ministry of Labour and Employment Declares Coal Industry as Public Utility Service until december 28th 2024
Government of Karnataka Announces Unorganised Workers Social Security (Karnataka) (Amendment) Rules, 2024
Government of Karnataka Announces Unorganised Workers Social Security (Karnataka) (Amendment) Rules, 2024
Meghalaya Government Revises Minimum Wages for Various Sectors
Government of Meghalaya on December 3rd 2024 has revised the minimum wage rates for a variety of sectors, effective from October 1, 2024.
New Deadline for UAN Activation and Aadhaar Seeding for Employees
The notification concerns the activation of Universal Account Number (UAN) and seeding of Aadhaar with bank accounts
Nagaland Takes Bold Step to Combat Child and Adolescent Labour
Government of Nagaland to protect the rights of children and adolescents, the Nagaland Child and Adolescent Labour (Prohibition and Regulation) Rules, 2024
