International Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-insurance business) Regulations, 2023
These regulations shall be applicable to International Financial Service Centre Insurance Offices (IIOs) undertaking general, health, or re-insurance business. These regulations aim to specify the requirements related to capital and solvency for undertaking general, health, or re-insurance business by IIOs.
International Financial Services Centres Authority (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business) Regulations, 2023
These regulations shall be applicable to International Financial Service Centre Insurance Offices (IIOs), undertaking life insurance business. These regulations aim to specify the requirements related to capital, solvency and submission of abstract of actuarial report by an IIO for undertaking Life Insurance Business.
IFSCA clarification on Guidance framework on Sustainable and Sustainability linked lending by financial institutions
The calculation to be adopted by the IBUs and FC/FUs for the purpose of computing the five percent target for loans and advances shall be applicable from the financial year beginning April 01, 2023 onwards.
NSE reviewed and revised the migration policy from SME platform of NSE / Other Exchanges to NSE Main Board
The Exchange reserves the right to reject application on any reason as it may deem fit.
BSE guidelines on SEBI KYC Registration
s issued Guidelines in pursuance of amendment to SEBI KYC Registration Agency (KRA) Regulations, 2011. Clients whose KYC records are not found to be valid by KRA after the validation process shall be allowed to transact in securities market only after their KYC is validated.
NSE and BSE issue Guidelines to SEBI KYC Registration Agency (KRA) Regulations, 2011
Both the NSE and the BSE are instructing Trading Members to strictly ensure clients whose KYC records are not found to be valid by KRA after the validation process shall be allowed to transact in securities market only after their KYC is validated.
SEBI procedure for seeking prior approval for change in control of Vault Managers
As per the procedure, application shall be made by the Vault Managers to SEBI for prior approval through the SEBI Intermediary Portal(‘SI Portal’)( https://siportal.sebi.gov.in).
Surveillance Action for dealing with Unsolicited Videos and Messages on Social Media
Annexure I of the present circular has shortlisted securities based on circular of videos and unusual price/ volume movement. The applicable surveillance action shall be similar to GSM stage IV. It shall be effective from 19th April, 2023.
NSE extends Discontinuation Date of Extranet API version 1.0
By the present circular, the NSE has extended the date of discontinuation of Extranet API version 1.0 from 24th April, 2023 to 29th May, 2023. Version 2.0 shall be mandatory from 29th May, 2023.
Dispute Resolution Mechanism for Limited Purpose Clearing Corporation
The Securities and Exchange Board of India (SEBI) has issued a circular on dispute resolution mechanism for settlement of disputes or claims arising out of transactions cleared and settled by Limited Purpose Clearing Corporation (LPCC).
