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Circulars

Amendment to IFSCA guidelines for Liquidity Enhancement Scheme

September 9, 2022 474 Views 0 comment Print

The Scheme shall have prior approval of the Governing Board of the Stock Exchange, which will be valid for one year. The Governing Board of the Stock Exchange may grant annual approval till the time the scheme is in operation. Further, its implementation and outcome shall be monitored by the Governing Board at quarterly intervals.

NSE Guidance note on use of digital signature by listed companies

September 7, 2022 7965 Views 0 comment Print

Presently, listed companies shall submit all corporate announcements using DSC except Outcome of Board meeting which includes only financial result

IRDAI extends Guidelines on Information & Cyber Security to all Insurance Intermediaries

September 2, 2022 3600 Views 0 comment Print

It has been decided by the IRDAI to extend the applicability of Guidelines on Information and Cyber Security to all Insurance Intermediaries with immediate effect.

SEBI cautions against unregulated platforms offering algorithmic strategies for trading

September 2, 2022 3789 Views 0 comment Print

It has come to notice of SEBI that stock brokers provide algorithmic trading facility to investors through such platforms. In order to prevent any mis-selling and to protect the interest of investors in securities market, SEBI has now issued a circular

Appointment or Continuation of Common Director(s) u/s 48A of Insurance Act, 1938

September 2, 2022 1098 Views 0 comment Print

Applications are filed with the Authority seeking approval under section 48A of the Insurance Act, 1938, for new appointment or continuation of common director(s) representing insurance agent, intermediary or insurance intermediary on the board of insurance company.

Revision of fees for Limited Insolvency Examination & Valuation Exams

September 1, 2022 2343 Views 0 comment Print

Presently, the examination fee of Rs. 1,500+ applicable GST, i.e. Rs.1,770 is payable per enrolment for each of these exams. It has been decided that the fee of Rs. 5,000+ applicable GST, i.e. Rs. 5,900 for the LIE or Valuation Examinations shall be payable for each enrolment on or after 01st October 2022.

Refund of RD Default fee due to unforeseen failure of CBS Finacle system

August 31, 2022 1923 Views 0 comment Print

Refund of default fee to the RD depositors whose accounts are operated through MPKBY agents shall be done centrally by CEPT, Chennai. The default fee collected on 01.09.2022 and 02.09.2022 shall be refunded and credited into the MPKBY Agents’ commission credit savings account concerned.

Mapping of GST Refund to Un-Registered Persons (URP) in Karnataka

August 30, 2022 2061 Views 0 comment Print

In some of the cases, where tax and penalty has been paid by Un-Registered Persons (URP/ URD’s) based on the order of vigilance / enforcement authorities and the same was decided in favour of the URP/URD at the appellate authority (JCCT- Appeals)

Customs Faceless Assessment – Standard Examination Orders through RMS

August 29, 2022 3690 Views 0 comment Print

CBIC decided to introduce RMS generated uniform examination orders at all Customs stations across the country. This functionality is expected to enhance the uniformity in examination, and lower the time taken in the process as well as reduce associated costs.

Amendments to guidelines for preferential issue and institutional placement of units by a listed REIT

August 26, 2022 1929 Views 0 comment Print

Post allotment, the REIT shall make an application for listing of the units to the stock exchange(s) and the units shall be listed within two working days from the date of allotment

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