ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The proposed reliefs include filing extensions, protection from penalties, and operational support for affected stakeholders.
PFRDA has revised the audit requirements for NPS-Lite PoPs to ensure stronger governance and operational compliance. The framework introduces detailed audit procedures, auditor eligibility norms, and periodic reporting obligations.
The application raised questions on GST rates, invoicing of washed coal transactions, and Compensation Cess on coal rejects. The Authority disposed of the matter after allowing voluntary and unconditional withdrawal of the application.
The RBI mandated explicit consent, suitability assessments, and compensation mechanisms to curb mis-selling of financial products by banks. The key takeaway is that customer protection has become a central pillar of banking regulation.
The RBI mandated explicit consent, suitability assessments, and compensation mechanisms to prevent unfair sales practices by Local Area Banks. The key takeaway is that customer welfare now occupies a central place in product distribution.
The Directions impose due diligence, training, identification, and code of conduct requirements on DSAs and DMAs engaged by AIFIs. The ruling holds institutions responsible for the conduct of their marketing channels.
The Directions require banks to publicly disclose third-party arrangements on websites and digital channels while restricting integration of referral products into banking platforms. The ruling promotes informed customer choice and operational clarity.
The Directions require banks to publicly disclose third-party arrangements on websites and digital channels while restricting integration of referral products into banking platforms. The ruling promotes informed customer choice and operational clarity.
IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with GIC Re. The amendment excludes premiums ceded to specified insurance pools from the cession requirement.
ICSI approved broader eligibility criteria for Alternative Mode CLDP, benefiting students under earlier training structures and certain overseas trainees. The decision aims to facilitate compliance with training requirements under specified conditions.
