The SEBI, on 3rd August, 2022, published a notification amending the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996. The amendment provides that sponsors which invest in various companies on behalf of the beneficiaries of insurance policies or such other schemes shall not qualify as associates of mutual funds. The amended regulations will come into effect immediately.
Government review meeting on the implementation of new criminal laws has mandated that a review should be conducted to ensure the utilization of the provision
The revised framework enhances regulatory compliance by strengthening RBI’s enforcement mechanisms. Payment system operators and banks must align with these norms to ensure smooth financial
A unit in an International Financial Services Centre (IFSC) may open an SNRR account with an authorised dealer in India (outside IFSC) to be used
The DGS’s initiative to improve the financial and mental well-being of Indian seafarers is a commendable step toward safeguarding their future. By voluntarily participating in
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