International Financial Services Centres Authority has issued a circular providing a comprehensive fee structure for entities intending to undertake permissible activities in IFSC. Learn about the categories of fees, payment procedures, and late payment penalties outlined in the circular.
BSE via circulars dated January 27th 2023 & March 31st 2023 had introduced the facility for filings of certain announcements in XBRL format. Further via circular dated May 16th 2023 BSE has issued certain clarifications on Filing of announcements in XBRL format on BSE listing centre which is summarized as follows – Area of doubts […]
National Stock Exchange of India Circular Ref No: NSE/CML/2023/34 Date: May 15, 2023 Department: Listing To, The Company Secretary/Compliance Officer, All Listed Companies, Subject: FAQ’s on filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform. In furtherance to the circular NSE/CML/2023/28 dated March 31, 2023, issued by the Exchange w.r.t […]
The Insurance Regulatory and Development Authority of India (IRDAI) has announced modifications to the Surety Insurance Guidelines, aiming to develop and expand the Surety Insurance Bonds market. The revisions include replacing solvency margin requirements, reducing the control level from 1.875 to 1.5 times, and eliminating the 30% exposure limit on each contract underwritten by insurers. […]
Payment for investment by any mode shall be accepted from the the bank account of the minor, parent or legal guardian of the minor, or from a joint account of the minor with parent or legal guardian. For existing folios, the AMCs shall insist upon a Change of Pay-out Bank mandate before redemption is processed”
Insurance coverage/Guarantee for oocyte donor. (i) The Intending couple or woman will purchase a general health insurance coverage in favor of oocyte donor for a period of 12 months from an insurance company or an agent recognized by the Insurance Regulatory and Development Authority established under the provisions of the Insurance Regulatory and Development Authority Act, 1999 for an amount which is sufficient enough to cover all expenses for all complications arising due to oocyte retrieval.
In the interest of subscribers’ retirement income optimization and to provide them with a wider range of annuity options, PFRDA is pleased to inform that the choice of multiple annuities from the same ASP will be made available.
To enabling DMA facility to FPIs in ETCDs SEBI decided to allow stock exchanges to extend DMA facility to FPIs for participation in ETCDs
Few Authroised Persons are levying certain fees/charges, which are payable in India on such instruments, in foreign currency. It is advised that fees/charges payable in India have to be denominated and settled in Rupees only.
SEBI registered debenture trustees are advised to register/ re-register themselves in FINNET 2.0 system of FIU-India as soon as possible.
