SEBI issues Master Circular for Stock Brokers rescinding 12 circulars
Securities and Exchange Board of India issues master circular rescinding circulars to the extent they relate to Stock Brokers.
Continue readingLegislation Updates
SEBI revises ICDR regulation relating to Minimum Promoter’s Contribution
Adjustments in pricing will also depend on effect on the price of the equity shares of the issuer due to material price movement and confirmation of reported event.
Continue reading
SEBI revises SEBI LODR Regulations relating to Applicability of the regulations
SEBI amends Regulations relating to Listing Obligations and Disclosure Requirements.
Continue reading
National Dam Safety Authority lays down Guidelines and Checklist for inspection of dams
First risk assessment test of every specified dam to be carried out within 5 years from 30-12-2021.
Continue reading
SEBI notifies Securities and Exchange Board of India (Employees’ Service) (Second Amendment) Regulations, 2024
The Board made the regulations to amend the Securities and Exchange Board of India (Employees’ Service) Regulations, 2001
Continue reading
Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024
The Foreign Exchange Management (Deposit) Regulations, 2016 has been amended by the Reserve Bank of India by Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024.
Continue reading
New rules relating to destruction of records retained in electronic form, introduced in the Delhi High Court Rules
DHC amends Chapter 16 of Volume IV of the Delhi High Court Rules and Order.
Continue reading
Monetary Authority of Singapore introduces new Regulations under Securities and Futures Act for Corporate Governance of approved entities
The Regulations define components relevant to the corporate governance regulation of Approved Exchanges, Clearing Houses, Licensed Trade Repositories, and Holding Companies considering security futures.
Continue reading
Reserve Bank of India issues Master Direction to Asset Reconstruction Companies
Reserve Bank of India issues Master Direction to ensure prudent and efficient functioning of Asset Reconstruction Companies
Continue reading
Competition Commission of South Africa revises its Public Interest Guidelines relating to merger control
Guided by the Competition Amendment Act, 2018, the revised Guidelines present the general methodology the Commission will follow in assessing Public Interest issues in merger analyses.
Continue reading
FTC issues final rule banning non-competes across the US; Finds them to be violative of S.5 of the FTC Act
The Commission determined that it is an unfair method of competition, for employers to enter into non-competes with workers and therefore a violation of Section 5 of the FTC Act.
Continue reading
Reserve Bank of India takes Supervisory Action against Kotak Mahindra Limited u/s 35-A of Banking Regulation Act, 1949
RBI directed Kotak Mahindra Bank to “cease and desist” the onboarding of new customers through its online and banking channels
Continue reading
Delhi High Court issues “e-True Copy Rules of the High Court of Delhi, 2024”
Delhi High Court issues rule applicable to electronic applications made for obtaining e-True copy.
Continue reading
US Department of Labor finalises rule to revise compensation thresholds for overtime eligibility
The Rule updates the present annual salary threshold from $35,568 to $58,656 by 01 January 2025
Continue reading
Central Bank of UAE launches ‘Sanadak’, UAE’s first Financial & Insurance Ombudsman
Sanadak is the first Ombudsman Unit both in the UAE and the MENA region, catering to consumers of Financial Institutions and Licensed Insurance Companies.
Continue reading
IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024
The regulations apply to insurers including those engaged in reinsurance business.
Continue reading
Toshakhana Rules 2024, notified; Applicable on the gifts received by the Government functionaries from foreign sources
The gifts received by Government functionaries from foreign sources will be kept in Toshakhana.
Continue reading
IRDAI (Insurance Products) Regulations, 2024
These regulations protect the interest of policyholders by enabling insurers to adopt good governance while designing and pricing the products.
Continue reading
SEBI relaxes mandate of additional disclosures for FPIs having more than 50% of its Indian equity AUM in a corporate group
Composite holding of such FPIs should be less than 3% of total equity share capital of apex company.
Continue reading
Govt. notifies ‘Fact Check Unit’ under PIB of Ministry of Information and Broadcasting
Fast Check Unit to be governed by IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
Continue reading