IFSCA Permits International Branch Campuses and Offshore Educational Centres at GIFT-IFSC to avail infrastructure services from Academic Infrastructure Service Providers
International Financial Services Centres Authority (IFSCA) has introduced the “Setting up and Operation of International Branch Campuses and Offshore Education Centres Regulations, 2022.” Foreign universities and educational institutions has expressed a need for a robust framework that facilitates the provision of infrastructure and support services in GIFT IFSC. Such services are envisioned to streamline the establishment of IBCs/OECs by offering comprehensive end-to-end campus infrastructure facilities. To operationalize this vision, a circular has been issued, outlining conditions for IBCs and/or OECs to avail themselves of infrastructure and support services from Academic Infrastructure Service Providers (AISPs).
Supreme Court’s verdict on the abrogation of Article 370
The Court, in its profound wisdom, has fortified the very essence of unity that we, as Indians, hold dear and cherish above all else. I want to assure the resilient people of Jammu, Kashmir and Ladakh that our commitment to fulfilling your dreams remains unwavering
NSE clarification regarding actions in case of failure to settle a deal on Request for Quote (RFQ) platform
Participants are requested to note that, there shall be no penal action effected for Individual Investors till December 31, 2023, in case of failure to settle a deal post execution of trade on the RFQ Platform.
Consultation paper on Framework for issuance of subordinate units and Unit Based Employee Benefits – REITs and InvITs
The comments/ suggestions should be submitted by any of the following modes latest by December 29, 2023 using the link.
Consultation paper on review of provisions of NCS Regulations and LODR Regulations for ease of doing business and introduction of fast track public issuance of debt securities
The comments/ suggestions should be submitted latest by December 30, 2023. The comments may be submitted through the web based public comments form provided beside the consultation paper available in here.
Global FinTech event “InFinity Forum 2.0”
University Grants Commission has directed all the HEIs and its affiliated colleges/institutions to encourage the students and faculties for registration to connect with the event virtually.
IFSCA invites Public comments on IFSCA (Finance Company) Regulations
The IFSCA (Finance Company) Regulations, 2021 (as amended upto July 01, 2022) is placed on the website of the IFSCA at ifsca.gov.in under the title ‘IFSCA (Finance Company) Regulations, as amended upto July 1, 2022’. General public and stakeholders are requested to forward their comments / suggestions via the Microsoft form available at ‘https://forms.office.com/r/yerx34YwhB’, latest by December 26, 2023.
BSE launches facility for filings LODR disclosures in XBRL format
At the initial stage, the PDF filings will be considered by the Exchange as compliance under Regulation 30 of the SEBI LODR. Further, all listed entities would be required to also submit the filings in XBRL mode within 24 hours of submission of the said PDF filing. At a later stage (date to be informed separately) Exchange will shift to only XBRL submission.
Revised the framework for computation of Net Distributable Cash Flow (NDCF) by Infrastructure Investment Trusts and Real Estate Investment Trusts (REITs)
The revised framework shall be applicable with effect from April 1, 2024 and supersedes the Framework for calculation of Net Distributable Cash Flows provided in the Master Circular for Infrastructure Investment Trusts (InvITs)dated July 06, 2023.
IFSCA Framework for grant of funds for research studies
To ensure the caliber of research, eligibility criteria are set high. Only academic institutions ranking within the top echelons in Management, Research, or Law, as per NIRF India Rankings, are eligible. The lead researcher must boast a decade of experience in finance, economics, or related fields and a strong publication record in reputable journals.
