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Circulars

SEBI Operational guidelines for ‘Security & Covenant Monitoring’ using DLT

March 29, 2022 1800 Views 0 comment Print

As the backbone of the DLT system would be uniqueness of assets recorded in the DLT system, a system generated unique identifier (Asset ID) shall be allotted for each asset offered by Issuer as security for the non-convertible securities.

Issuance of orders of provisional GST attachment and restoration thereof on BO System

March 29, 2022 1257 Views 0 comment Print

It is hereby instructed that from 01st April, 2022 the provisional attachment orders in DRC-22 and restoration order in DRC-23 shall be only be issued on BO system.

Extension of timelines for sale & renewal of short term Covid specific health insurance policies

March 28, 2022 693 Views 1 comment Print

Corona Kavach Policies offered as per Guidelines on Covid Standard Indemnity based Health Policy and Corona Rakshak Policies offered as per Guidelines on Covid Standard benefit based Health Policy are permitted to be offered and renewed by all insurers up to 30.09.2022.

Modified version for filing Online Complaints under MahaRera

March 28, 2022 1197 Views 0 comment Print

Modified version for filing Online Complaints under MahaRera, shall now ask the complainants while creating a new registration for Complainant Name, Complainant Middle Name, Complainant Last Name, Complainant Mobile Number and Complainant Email ID in addition to such other details.

Calculation of investment concentration norm for Category III AIFs

March 28, 2022 1041 Views 0 comment Print

Existing Category III AIFs may opt for calculating investment concentration norm based on investable funds with the approval of their trustees or board of directors or designated partners, as the case may be, and inform the same to their investors within 30 days from the date of the issuance of this circular.

Product specifications pertaining to Electronic Gold Receipts

March 28, 2022 276 Views 0 comment Print

The framework, inter-alia, states that the entire transaction in EGR segment has been divided into three tranches. In tranche 1, physical gold will be converted into EGR; in tranche 2, EGR shall be traded on stock exchanges; and in tranche 3 – EGR can be converted into physical gold.

Special Bank Clearing operations on March 31, 2022

March 28, 2022 1581 Views 0 comment Print

Further, to facilitate accounting of all the Government transactions for the current financial year (2021-22) by March 31, 2022, it has been decided to conduct Special Clearing exclusively for Government Cheques across the three CTS grids on March 31, 2022

BSE revises Annual Listing Fees for securities & Privately Placed Debt Instruments

March 26, 2022 5970 Views 0 comment Print

BSE has vide Notice No. 20220326-1 Dated 26 Mar 2022 revised its Annual Listing Fees to be paid by the listed entities for listing of its securities on the Exchange and vide Notice No.  20220326-2 Dated 26 Mar 2022 it has revised its Annual Listing Fees to be paid by the listed entities for listing […]

RBI guideline on report & account for Govt transactions for 31.03.2022

March 24, 2022 585 Views 0 comment Print

All government transactions done by agency banks for Financial Year 2021-22 must be accounted for within the same financial year. Accordingly, the following arrangements are put in place to report and account for Government transactions for March 31, 2022.

IRDAI: Dividend Criteria for Equity Investment under Approved Investment

March 24, 2022 636 Views 0 comment Print

IRDAI permits Insurers to classify investments in Preference Shares and Equity Shares as part of Approved Investment if dividend is paid on such Shares for at least 2 years out of 3 consecutive years immediately preceding instead of for at least 2 consecutive years immediately preceding (as required under Regulation 3(a)(4) and 3(a)(5) of IRDAI (Investment) Regulations, 2016) for the period from 1st April, 2022 to 30th September, 2022.

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