IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from FY 2024-25.
SEBI amends rules for InvIT unitholder board nominations, clarifying rights when overlapping with lender nominations. Effective immediately from August 6, 2024.
SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immediately from August 6, 2024.
SEBI mandates Asset Management Companies to implement mechanisms to detect and prevent market abuse, including front-running and fraud, via Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/107, effective August 2024.
Income Tax Circular 08/2024 exempts higher TDS/TCS rates if deductee/collectee dies before PAN-Aadhaar linkage, addressing taxpayer grievances.
SEBI mandates valuation of AT-1 bonds based on Yield to Call, aligning with NFRA recommendations. Effective from August 05, 2024, for all mutual funds.
IRDAI directs insurers to expedite claims for Wayanad landslides, with specific guidelines for response, claim processing, and communication.
SEBI’s latest circular modifies disclosure requirements for FPIs, exempting university funds under specific conditions.
Discover the 2024 PFRDA cybersecurity policy guidelines for intermediaries and regulated entities, ensuring robust IT protection and data security measures.
IFSCA circular allows CRAs in IFSC to offer ESG ratings and data products, promoting sustainability, transparency, and governance in financial services.