SEBI’s circular outlines business continuity plans for stock exchanges, ensuring uninterrupted trading and risk management in case of outages.
NPCI updates NACH rejection codes to enhance clarity in mandate processing. Member banks must implement changes by January 1, 2025.
SEBI updates valuation norms for repo transactions by Mutual Funds, mandating mark-to-market basis for repos with a tenor of up to 30 days, effective from January 2025.
EPFO requires UAN activation and Aadhaar-bank seeding for ELI Scheme benefits under DBT. Employers must comply by November 30, 2024, for eligible employees.
SEBI issues guidelines for stock exchanges, clearing corporations, and depositories, enhancing accountability, reporting, and data sharing practices.
IFSCA updates AML guidelines, introducing new countermeasures and compliance functions for regulated entities in IFSC.
SEBI removes the 1% issue size deposit rule under ICDR Regulations, 2018. Stock exchanges to create SOPs for past deposits. Circular effective immediately.
IFSCA introduces principles to mitigate greenwashing risks in ESG-labelled debt securities. Ensures transparency, accountability, and investor confidence.
CBIC Circular No. 26/2024 clarifies the applicability of concessional duty under IGCR Rules, 2022, for MOOWR units and manufacturing processes for specific cases.
CBIC allows manual filing of IGCR statements until Jan 2025. Electronic filing of IGCR-3 to begin in February 2025 with an Excel utility.
