SEBI introduces a framework for monitoring stock brokers’ system audits through technology-based measures, focusing on standardization and compliance mechanisms.
SEBI introduces guidelines for external and internal evaluation of MIIs and their statutory committees, emphasizing consistency, transparency, and regulatory compliance.
IRDAI caps annual premium hike for senior citizens’ health insurance at 10%, mandates prior consultation for higher revisions, and emphasizes hospital rate negotiations.
The government updates the rules for Lab Grown Diamonds exports, making additional qualifiers voluntary for diamonds under one carat while remaining mandatory otherwise.
IFSCA circular permits SNRR accounts of IFSC units to handle all business-related transactions under amended FEMA regulations, effective January 2025.
IFSCA mandates IBUs to enable internet banking for SNRR accounts of IFSC units. Quarterly status reports required until implementation begins by March 2025.
SEBI clarifies rules on associations with entities engaged in prohibited activities by regulated persons and their agents, effective from August 2024.
SEBI launches the iSPOT portal for improved reporting of technical glitches by Stock Exchanges, Clearing Corporations, and Depositories effective February 2025.
SEBI mandates due diligence certificates for unsecured debt securities. Issuers must submit certificates at draft offer and listing stages per new guidelines.
Maharashtra amends MVAT Act with retrospective effect from 2005, clarifying tax exemptions, deemed sales, and first charge provisions. Read the key updates.
