Reserve Bank of India RBI/2021-22/131 DCM (Admin) No.S472/19.01.010/2021-22 November 16, 2021 The Chairman / Managing Director The Chief Executive Officer All Banks Madam / Dear Sir, Withdrawal of Obsolete Regulatory Circulars/ Instructions – Interim Recommendations of the Regulations Review Authority 2.0 Please refer to the Press Release on Interim Recommendations of the Regulations Review Authority […]
As part of the implementation of the interim recommendations of the RRA 2.0, the A.P. (DIR Series) Circular No.6 dated July 16, 2015 on Foreign Investment in India by Foreign Portfolio Investors is withdrawn with immediate effect by RBI. Reserve Bank of India RBI/2021-22/130 A.P. (DIR Series) Circular No.18 November 16, 2021 To All Authorised […]
RBI decided to withdraw the following circulars with immediate effect. a) Introduction of Credit Default Swaps for Corporate Bonds: Date for Operationalisation Changed (PCD. No.12/14.03.04/2011-12) dated October 20, 2011.
Regulations Review Authority (RRA) 2.0 – Interim Recommendations – Withdrawal of Redundant Circulars | Please refer to the Press Release dated November 16, 2021 issued on the captioned subject. 2. The circulars listed in the Annex are withdrawn with effect from close of business today.
A comprehensive review of the circulars issued by the Department of Payment and Settlement Systems (DPSS) was undertaken as part of the rationalisation exercise under RRA 2.0 and as per recommendations of the RRA, the regulatory instructions / circulars listed in the Annex stand withdrawn with immediate effect.
1. SEBI vide circular no. SEBI/HO/ITD/ITD/CIR/P/2021/575 dated June 14, 2021 on Revised Framework for Regulatory Sandbox provided the updated guidelines pertaining to the functioning of the Regulatory Sandbox at Annexure A-Standard Operating Procedure – Regulatory Sandbox. Para 6 of Annexure A to the aforementioned circular dated June 14, 2021 is modified
It has been decided to provide further clarifications on the processing of draft schemes filed with the stock exchanges, and make certain amendments to the aforesaid Circular dated December 22, 2020, as provided in the Annexure to this Circular.
Clarification regarding requirement of seeking No Objection Certificate or No Dues Certificate from the Income Tax Department during Voluntary Liquidation Process under the Insolvency and Bankruptcy Code, 2016 (Code).
Based on the feedback received from IBUs certain amendments/additions have been carried out to the contents of the Handbook. The list of such amendments/additions is enclosed in the annexure to this circular.
Pre-show cause notice consultation shall not be mandatory for those cases booked under the Central Excise Act, 1944 or Chapter V of the Finance Act, 1994 for recovery of duties or taxes not levied or paid or short levied or short paid or erroneously refunded
