IFSCA extends the period for Bullion Trading Members and Clearing Members in IFSC till January 2024 or issuance of revised guidelines. Read Circular No. F. No. 329/IFSCA/Bullion MIIs/2023-24/01.
Circular 20/2023-Customs authorizes 715 Booking Post Offices for electronic export declaration, as per Postal Export (Electronic Declaration and Processing) Regulations, 2022. Check the list of authorized offices.
SEBI mandates Foreign Portfolio Investors (FPIs) to conduct 10% of their secondary market trades in Corporate Bonds through the RFQ platform from October 2023. Read the circular for details.
Under the new guidelines, AIFs and VCFs now have a reduced time limit of four months to utilize the allocated investment limits effectively. If the approved funds remain unutilized within the stipulated period, SEBI can reallocate these limits to other applicant AIFs/VCFs.
IRDAI releases a circular providing relaxations for insurers’ investments in HDFC Ltd following its merger with HDFC Bank Ltd., offering a detailed look into changes in investment classifications & exposure norms
“SEBI releases amendments to the July 2023 circular on online resolution of disputes in the Indian securities market. The revisions offer enhanced clarity and corrections based on received feedback.
Updated framework on Offer for Sale (OFS) of units of REITs and InvITs by SEBI. Enhancements affect private listed InvITs, effective immediately.
SEBI issues Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/133 on the audit of firm-level performance data for Portfolio Managers. Read about the standard Terms of Reference and submission requirements
CBIC announces expansion of automatic Let Export Order (LEO) facility in ECCS through Circular 19/2023-Customs. Know new provisions and impact on ease of doing business
Read SEBI’s circular (Aug 2023) on trading preferences for commodity derivatives. Learn about the format for clients & stock brokers, and opting-out facility.
