SEBI proposes regulations assigning responsibility for AI usage by MIIs and intermediaries, focusing on investor data security, compliance, and operational integrity.
“SEBI proposes 2024 regulation to formalize pre-legislative consultation, issuance, and review of securities market rules, enhancing transparency and governance.”
SEBI proposes amendments to mandate electronic payments for all listed company securityholders, aligning processes for physical and demat account holders.
Government extends Minimum Import Price (MIP) condition on synthetic knitted fabrics under specific ITC(HS) codes till March 31, 2025. Check detailed updates.
State Bank of India designated as Lead Bank for newly formed Meluri district in Nagaland. No change in other districts’ Lead Banks.
SEBI updates certification norms for investment advisers, mandating NISM exams for compliance. Notification rescinds previous directives, effective January 2, 2025.
IRDAI amends Insurance Advisory Committee Regulations 2000, enhancing clarity in functions. Changes include meeting guidelines, member resignation, and removal rules.
RBI allows NaBFID to participate as an All-India Financial Institution (AIFI) in financial markets, enabling credit default swaps and repo transactions.
IRDAI updates meeting regulations, including frequency, notice period, and agenda circulation. Chairperson’s role clarified for emergent and regular meetings.
Legal opinion sought by NFRA on auditing standards, penalties, and regulatory roles in India. Analysis of NFRA’s powers under the Companies Act, 2013.