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Advisory on COVID 19-related Phishing Attack Campaign by Malicious Actors

June 25, 2020 573 Views 0 comment Print

Cert-In has recently issued an advisory to guard against large-scale phishing attack campaign against Indian individuals and businesses (small, medium, and large enterprises).A copy of the advisory is enclosed.

SEBI Guidelines for Order-to-trade ratio for Algorithmic Trading amended

June 24, 2020 2259 Views 0 comment Print

Stock exchanges may be permitted to introduce additional slabs upto OTR of 2000 (from existing OTR of 500), and for OTR more than 2000. Such slabs can be introduced with deterrent incremental penalty, which stock exchanges may decide jointly.

Working Group for insurance of Remotely Piloted Aircraft System/Drone Technology

June 24, 2020 570 Views 0 comment Print

Insurance Regulatory and Development Authority of India IRDAI/NL/ORD/MISC/160/06/2020 Dated: 24th June 2020 Sub: Working Group for insurance of Remotely Piloted Aircraft System (RAPS)/ Drone Technology Drones are emerging as one of the fastest growing technologies and are being used for a variety of purposes. Their numbers are growing rapidly. Drones are playing a significant role […]

SEBI extends Time to Submit Financial Results to July 31, 2020

June 24, 2020 1656 Views 0 comment Print

SEBI further extend timeline for submission of financial results under Regulation 33 of the LODR Regulations, by a month, to July 31, 2020, for the quarter and year ending 31st March 2020.

Loans Sourced by Banks & NBFCs over Digital Lending Platforms

June 24, 2020 1497 Views 0 comment Print

It has been observed that many digital platforms have emerged in the financial sector claiming to offer hassle free loans to retail individuals, small traders, and other borrowers. Banks and NBFCs are also seen to be engaging digital platforms to provide loans to their customers.

Health insurance policies covering COVID-19 disease- Guideline

June 23, 2020 1554 Views 0 comment Print

It is considered that short term health insurance policies providing coverages specific to COVID-19 disease is the need of the hour. Accordingly, all insurers (Life, General and Health Insurers) are allowed to offer COVID – 19 specific short term health insurance policies subject to these guidelines.

SEBI Operational framework for transactions in defaulted debt securities

June 23, 2020 1743 Views 0 comment Print

Operational framework for transactions in defaulted debt securities post maturity date/ redemption date under provisions of SEBI (Issue and Listing of Debt Securities) Regulations, 2008

SEBI relaxes document processing pertaining to FPIs Temporarily due to COVID-19

June 23, 2020 651 Views 0 comment Print

In view of the prevailing situation due to COVID-19 pandemic and representations received from various stakeholders, it has been decided that the temporary relaxations shall be extended to August 31, 2020.

InvITs/ REITs may conduct meeting of unitholders through VC or OAVM

June 22, 2020 1536 Views 0 comment Print

It is clarified that InvITs/ REITs may conduct meeting of unitholders through VC or OAVM. InvITs/ REITs conducting such meetings through VC or OAVM shall follow the procedure specified in Annexure I of this circular.

Educate users on safe & secure use of digital payments: RBI

June 22, 2020 1080 Views 0 comment Print

All authorised payment systems operators and participants are hereby advised to undertake targeted multi-lingual campaigns by way of SMSs, advertisements in print and visual media, etc., to educate their users on safe and secure use of digital payments.

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