The RBI has directed all AD Category-I banks to submit daily data on FCNR(B) deposits, ECBs, and OFCBs mobilized under its swap facility. Banks must report the prescribed information by 6:00 p.m. every day and submit NIL statements where applicable.
MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused by the June 2026 data center fire.
IFSCA has amended its circular to require financial institutions to remit eligible funds received in SNRR accounts to their IBU accounts in specified foreign currency within 30 working days. The exemption for administrative expenses remains unchanged.
IFSCA has amended its AML exemption circular to require all financial institutions, including exempt entities, to route business-related monetary transactions through an IFSC Banking Unit or SNRR account. The amendment takes immediate effect while all other provisions remain unchanged.
SEBI has clarified the applicability of the early pay-in facility in the commodity derivatives segment by revising its Master Circular. The key change allows Clearing Corporations to waive most margins based on risk perception while continuing to collect mark-to-market margins.
PFRDA has revised the audit requirements for NPS-Lite PoPs to ensure stronger governance and operational compliance. The framework introduces detailed audit procedures, auditor eligibility norms, and periodic reporting obligations.
PFRDA has introduced a revised audit framework for Atal Pension Yojana Points of Presence, linking audit frequency to subscriber base and prescribing new compliance timelines and reporting requirements.
PFRDA has introduced a revised audit framework for PoPs handling NPS and NPS Vatsalya, prescribing new audit frequency, eligibility criteria for auditors, and reporting requirements. The circular strengthens compliance and operational oversight.
SEBI has allowed AIFs to retain liquidation proceeds beyond the permissible fund life under specified conditions while introducing safeguards to protect investor interests during the winding-up process.
PFRDA has permitted Government Entities to continue availing Point of Presence services despite the earlier requirement for direct CRA integration. The circular introduces a flat annual fee of ₹500 per subscriber covering all PoP-related services.
