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Circulars

IRDAI allows Additional time for filing all returns due on 31st March, 2021

April 30, 2021 978 Views 0 comment Print

Considering the prevailing pandemic situation due to COVID, all insurance intermediaries are allowed additional time upto 31stMay, 2021 to file all returns due on 31st March 2021.

SEBI relaxes compliance under LODR regulation & other applicable circulars

April 29, 2021 1215 Views 0 comment Print

SEBI extends deadline for the quarter / half year / year ending March 31, 2021 for various filings and relaxation from certain compliance obligations under the LODR Regulations inter- alia due to ongoing second wave of the CoVID-19 pandemic and restrictions imposed by various state governments. Securities and Exchange Board of India CIRCULAR   No. […]

SEBI extends deadlines under LODR regulation

April 29, 2021 3825 Views 0 comment Print

SEBI Extended deadline for the quarter / half year / year ending March 31, 2021 for certain provisions of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 due to the CoVID-19 pandemic. Securities and Exchange Board of India CIRCULAR No. SEBI/HO/CFD/CMD1/P/CIR/2021/556  April 29, 2021 To All entities that have listed their specified securities All Recognized […]

Mutual Funds/ AMCs to disclose risk-o-meter & portfolio details of Scheme

April 29, 2021 1302 Views 0 comment Print

a) Mutual Fund/AMCs shall also disclose risk-o-meter of the scheme and benchmark while disclosing the performance of scheme vis-à-vis benchmark and b) Mutual Funds/ AMCs shall send the details of the scheme portfolio while communicating the fortnightly, monthly and half-yearly statement of scheme portfolio via email.

SEBI relaxes timelines for regulatory compliance by TM/CM/SP/KRA

April 29, 2021 1308 Views 0 comment Print

Amid Covid-19 SEBI extend the timelines for compliance with the following regulatory requirements by the Trading Members (TM) / Clearing Members (CM) / Depository Participants (DP) / KYC Registration Agencies (KRA), Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/P/CIR/2021/559 April 29, 2021 To, 1. All Recognised Stock Exchanges and Clearing Corporations 2. All Depositories 3. […]

Processing of ‘demat requests’ included to list of SEBI relaxation

April 29, 2021 987 Views 0 comment Print

Circular listed out 12 specific items wherein such relaxation in prescribed timelines were granted. It has been now decided to add, ‘Processing of the demat requests’, to this list and accordingly the list of 13 items that are eligible for relief stand revised

IRDAI Report for revisiting retail business of Engineering tariff

April 29, 2021 516 Views 0 comment Print

A Working Group was set up by the Authority vide order Ref: IRDAI/NL/WG/ENGG-Retail/240/2020-21 dated 5th November 2020 to revisit the existing Engineering insurance products (Retail) and recommend new suitable standard products in line with advancement in technology for the retail segment.

Maximum assurance benefit payable under EDLI Scheme notified

April 29, 2021 2373 Views 1 comment Print

The maximum assurance benefit payable under paragraph 22(3) of EDLI Scheme has been enhanced to Rs. 7 lakh from earlier maximum benefit of 6 lakh (Under para 22(3) of the scheme, the salary multiple shall be 35).

Decide on cashless treatment for COVID-19 in 60 Minutes: IRDAI

April 29, 2021 5244 Views 0 comment Print

IRDAI was directed to advise Insurers to communicate their cashless approvals to the concerned hospitals/establishments within a maximum time period of 30 to 60 minutes so that there shall not be any delay in discharge of patients and hospital beds do not remain unoccupied.

Alignment of interest of Key Employees of AMCs with Unitholders of MF

April 28, 2021 1197 Views 0 comment Print

In order to align the interest of the Key Employees of the AMCs with the unitholders of the mutual fund schemes, it has been decided that a part of compensation of the Key Employees of the AMCs shall be paid in the form of units of the scheme(s), as under:

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