Insurers are not required to submit hard copies of any reports, returns or other documents related to actuarial valuation or reinsurance to IRDAI Head Office. Instead, PDF and Excel copies of the documents are to be sent to the following email IDs:
There shall be no change in methodology of determination and collection of End of Day (EOD) margin obligation of the client. Also, there shall be no change in the provisions relating to collection and reporting of margins in cash segment.
Finance Act, 2020, inter-alia, inserted clause (23FE) in section 10 of the Income-tax Act, 1961 “) to provide for exemption to wholly owned subsidiaries of Abu Dhabi Investment Authority (ADIA), sovereign wealth funds (SWF) and pension funds (PF)
It has been observed that various proposals regarding grant of exemption/ extension of Exemption from EDLI Scheme – 1976 have been forwarded by field offices to Head Office for approval of CPFC.
Withdrawal of Circular dated 26th August, 2019 regarding applicability of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 notified on 25th July, 2019.
MCA in continuation to its previous General Circulars issued in respect to allowing Companies to hold EGM through video conferencing or other audio-visual means has further extended the period up to 31st December, 2022.
MCA General Circular No. 02/2022 Dated 05th May, 2022 The MCA in continuation to its previous General Circulars (including General Circular No. 21/2021 dtd. 14th December, 2021) issued in respect to allowing Companies to hold AGM through video conferencing or other audio-visual means, has further decided to allow the companies to organize AGM through VC […]
On a review, it has been decided that the minimum investment grade credit rating for deposits of NBFCs shall be ‘BBB–’ from any of the SEBI-registered Credit Rating Agencies.
Securities and Exchange Board of India Circular No. SEBI/HO/MRD1/MRD1_DTCS/P/CIR/2022/58 | Dated: May 02, 2022 To, All Stock Exchanges, All Clearing Corporations, All Depositories Dear Sir / Madam, System and Network Audit of Market Infrastructure Institutions (MIIs) 1. Taking into account the rapid technological developments in the securities market and the entailing risks that these developments pose to […]
IRDAI permits all Insurers to have exposure to Financial and Insurance activities (as per section K of NIC classification) up to 30% of Investment assets.
