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Circulars

Disclosure obligations of high value debt listed entities for Related Party Transactions

January 7, 2022 2976 Views 0 comment Print

Since the provisions of Regulation 23 of the LODR Regulations would be applicable to high value debt listed companies also, it has been decided to Related Party Transactions disclosure obligations applicable to high value debt listed entities.

NSE: Launch of Digital Portal for filings done with the Exchange

January 6, 2022 9414 Views 0 comment Print

Currently, listed entities are submitting various disclosures to the Exchange via NEAPS (NSE Electronic Application Processing System). With the launch of the new Digital Portal, listed entities shall make all the filings through the Digital Portal. However, the transition from NEAPS to the Digital Portal would be carried out in a phased manner.

DRAFT IRDAI (Obligations of an Insurer in respect of Motor Third Party Insurance Business) Regulations, 2022

January 5, 2022 960 Views 0 comment Print

IRDAI proposed amendment to IRDAI (Obligations of an Insurer in respect of Motor Third Party Insurance Business) Regulations, 2015 vide DRAFT IRDAI (Obligations of an Insurer in respect of Motor Third Party Insurance Business) Regulations, 2022. ***** Insurance Regulatory and Development Authority of India Ref. No: NON-LIFE Date: 05-01-2022 DRAFT IRDAI (Obligations of an Insurer […]

SEBI advises Exchanges & Depositories to display Link to Lodge complaint

January 5, 2022 513 Views 0 comment Print

In order to increases the awareness regarding online grievance redressal mechanisms, all Recognized Stock Exchanges including Commodity Derivatives Exchanges/ Depositories / Clearing Corporations are advised to display the following on the home page of their websites and mobile apps: 1. link / option to lodge complaint with them directly and 2. link to SCORES website/ link to download SCORES mobile app.

IBU, GIFT City, Gandhinagar to undertake SWIFT operations: IFSCA

January 4, 2022 1272 Views 0 comment Print

It is hereby directed that the SWIFT operations shall be undertaken from the IBU, GIFT City, Gandhinagar by assigning the roles of maker and checker to suitable staff in IBU itself for ensuring the data confidentiality and data protection.

RBI Includes ‘Airtel Payments Bank’ in Second Schedule of RBI Act, 1934

January 4, 2022 813 Views 0 comment Print

Airtel Payments Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S2659/16.13.215/2021-22 dated December 02, 2021 and published in the Gazette of India (Part III – Section 4) dated January 01 – January 07, 2022.

RBI Retail Direct Scheme – Market Making

January 4, 2022 3708 Views 0 comment Print

To promote retail participation in Government Securities by providing prices/quotes to Retail Direct Gilt (RDG) account holders enabling them to buy/sell securities under the RBI Retail Direct Scheme.

Schemes of Arrangement by Listed Entities – Clarification w.r.t. submission of NOC

January 3, 2022 1323 Views 0 comment Print

NOC shall be submitted before the receipt of the No-objection letter from stock exchange in terms of Regulation 37(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SEBI amends Exercise Mechanism of option contracts on commodity futures

January 3, 2022 570 Views 0 comment Print

On expiry, following mechanism shall be adopted by Exchanges for exercise of the options contracts: All In the money (ITM) option contracts shall be exercised automatically, unless ‘contrary instruction’ has been given by long position holders of such contracts for not doing so.

IFSCA issues list of RBI/IFSCA Circulars not applicable to IBUs from 01.01.2022

December 31, 2021 1053 Views 0 comment Print

provisions of the circulars / directions -listed in Annex I from those issued by the Reserve Bank of India (RBI) and adopted by IFSCA vide its circular F.No.110/IFSCA/Banking Regulation/2020-21/1 dated December 4,2020, shall cease to be applicable to the IBUs from the date of coming into effect of the directions in the Handbook i.e., January 1, 2022.

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