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Circulars

Amendment to IFSCA Circular titled ‘Framework for Aircraft Lease’ dated May 18, 2022

April 26, 2023 510 Views 0 comment Print

To include the ‘operating lease for an aviation training simulation device’ and ‘financial lease or any hybrid of financial and operating lease for an aviation training simulation device’, to the list of permissible activities under clause 5.E. and 5.H. respectively, of the said Framework.

SEBI advisory on Procedure to implement Section 12A of WMD Act

April 26, 2023 942 Views 0 comment Print

SEBI advisory on Procedure for implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005 – Directions to stock exchanges and registered intermediaries as issued Circular No. SEBI/HO/MIRSD/MIRSD-SEC-5/P/CIR/2023/062  Dated: April 26, 2023. Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/MIRSD-SEC-5/P/CIR/2023/062  Dated: April 26, 2023 To, 1. […]

IRDAI Information and Cyber Security Guidelines, 2023

April 25, 2023 8232 Views 2 comments Print

Revised Guidelines are hereby issued in order to enable the insurance industry to strengthen their defenses as well as related governance mechanism to deal with such emerging cyber threats.

Modifications in the requirement of filing of Offer Documents by Mutual Funds

April 25, 2023 597 Views 0 comment Print

SEBI decided that AMCs shall file all final offer documents (final SID and final KIM) only digitally by emailing the same to a dedicated email id. viz: imdsidfiling@sebi.gov.in and there would be no requirement of filing of physical copies of the same with SEBI.

SEBI Circular on Bank Guarantees (BGs) created out of clients’ funds

April 25, 2023 1737 Views 0 comment Print

The stock exchanges and clearing corporations shall take stock of the current position of the BGs issued out of clients’ funds by SBs/CMs and monitor the wind down to ensure implementation of the circular without any disruption of services to clients. For the purpose, stock exchanges and clearing corporations shall put in place periodic reporting mechanisms for SBs/CMs.

Guidelines for validation of EPS-95 higher pension

April 23, 2023 10629 Views 1 comment Print

EPS-95 higher pension – Application for validation of option / joint options- Scrutiny of information & wage details submitted by employee & employer

Procedure for seeking prior approval for change in control of Vault Managers

April 21, 2023 825 Views 0 comment Print

The application shall be accompanied by the following information/declaration about itself, the acquirer(s)/the person(s) who shall have the control and their directors / partners

IFSCA clarifies on methodology to be adopted for computing 5% target

April 20, 2023 717 Views 0 comment Print

IFSCA clarifies on Methodology to be adopted by the IBUs and FC/FUs for the purpose of computing the five percent target

Issue of Master Circular by Stock Exchanges, Clearing Corporations & Depositories

April 20, 2023 969 Views 0 comment Print

Issue the respective Master Circulars consolidating all guidelines issued and applicable as on March 31 of every year, segregated subject-wise.

Order on Procedure for implementation of Section 12A of WMD Act, 2005

April 19, 2023 963 Views 0 comment Print

Procedure for Implementation of Section 12A of Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005 (WMD Act)

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