SEBI has proposed replacing the centralized STP Hub with direct API-based connectivity between STP Service Providers to reduce latency and operational risks. The proposal seeks to improve scalability, efficiency, and resilience in institutional trade processing.
SEBI has proposed exempting Research Analysts from maintaining call recordings for institutional investors, citing their sophistication and ability to assess investment risks independently. The proposal seeks to reduce compliance burden while retaining other communication record requirements.
CBIC issued Notification No. 47/2026-Customs (N.T.) continuing existing tariff values for key imported commodities including palm oil, gold, silver, and brass scrap. The notification clarifies applicable customs valuation rates effective from 20 May 2026.
The amendment bars related parties, recent auditors, and connected persons from acting as registered valuers in pre-pack insolvency proceedings. The revised rules aim to ensure impartial and conflict-free valuation processes.
The IBBI amended the Liquidation Process Regulations, 2016 to allow appointment of one registered valuer for each asset class in MSME liquidation cases. The change is aimed at reducing costs and simplifying the liquidation framework for smaller businesses.
The IBBI amended the CIRP Regulations, 2016 to permit appointment of one set of registered valuers for MSME corporate debtors. The change aims to reduce costs and streamline insolvency resolution for small businesses.
2026 Guidelines streamline selection of Insolvency Professionals for IRP, RP, Liquidator, and Bankruptcy Trustee roles, ensuring timely and efficient insolvency proceedings.
ROC Patna imposed penalties on a Nidhi company and its Managing Director for failure to file the annual return under Section 92 of the Companies Act, 2013. The annual return remained unfiled despite issuance of adjudication notice and hearing opportunity.
RBI has amended IFR maintenance norms for Rural Co-operative Banks after identifying operational difficulties in compliance. The revised framework mandates annual assessment of the reserve based on book value of current category investments.
RBI has amended commercial bank disclosure rules by introducing revised reporting requirements for provisions relating to non-performing investments. The changes aim to enhance transparency and consistency in financial statements.
