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NFRA to engage Chartered Accountants on contractual basis

November 17, 2021 2496 Views 0 comment Print

Circular seeking applications from Chartered Accountants for engagements as Professionals in NFRA on contractual basis Government of India National Financial Reporting Authority ***** 7th Floor, Hindustan Times House, Kasturba Gandhi Marg, New Delhi Dated 17th November, 2021 A-12011/8/2019-ESTT-NFRA CIRCULAR National Financial Reporting Authority (NFRA) intends to engage eligible and interested persons as professionals purely on […]

RBI withdraws 16 Redundant Circulars

November 16, 2021 1998 Views 0 comment Print

Reserve Bank of India RBI/2021-22/132 DoS.CO.PPG./SEC.06/11.01.005/2021-22 November 16, 2021 All Scheduled Commercial Banks (including all Small Finance Banks & all Payments Banks), Local Area Banks & All Primary Urban Cooperative Banks Madam/Dear Sir, Regulations Review Authority (RRA 2.0) – Interim Recommendations – Withdrawal of Redundant Circulars Please refer to the Press Release dated November 16, […]

RBI withdraws 9 Obsolete Regulatory Circulars/Instructions

November 16, 2021 759 Views 0 comment Print

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 […]

RBI withdraws circular on Foreign Investment in India by FPIs

November 16, 2021 1077 Views 0 comment Print

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A.P. (DIR Series) Circular No.6 dated July 16, 2015 on Foreign Investment in India by Foreign Portfolio Investors is withdrawn with immediate effect by RBI.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 withdraws 2 circulars on Credit Default Swaps for Corporate Bonds

November 16, 2021 546 Views 0 comment Print

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.

RBI withdraws 18 Redundant Circulars

November 16, 2021 810 Views 0 comment Print

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.

RBI Withdraw 104 Obsolete Regulatory Circulars / Instructions

November 16, 2021 1005 Views 0 comment Print

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.

SEBI revises Framework for Regulatory Sandbox

November 16, 2021 840 Views 0 comment Print

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

SEBI further clarifies on processing of draft schemes filed with stock exchanges

November 16, 2021 1776 Views 0 comment Print

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.

IBBI clarification on NOC from Income Tax Dept during Voluntary Liquidation

November 15, 2021 3279 Views 0 comment Print

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).

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