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Circulars

Bullion Trading Members and Clearing Members in IFSC

January 27, 2023 501 Views 0 comment Print

This has reference to IFSCA’s circular F.No.329/IFSCA/Bullion MIIs/2021 dated September 17, 2021 regarding the captioned subject. It has been decided to extend the 6 month period specified in paragraphs 3 and 4 of the aforementioned circular by an additional period of 6 months i.e., till July 28, 2023.

Filing of announcements in XBRL format on NEAPS platform

January 27, 2023 2733 Views 0 comment Print

National Stock Exchange of India Circular Ref No: NSE/CML/2023/11 – Date: January 27, 2023 The Company Secretary All Listed Companies Subject: Filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform. With reference to the captioned subject various circulars were issued by Exchange(s) for seeking comments/feedback from listed companies on XBRL […]

Filing of announcements in XBRL format on BSE listing centre

January 27, 2023 8829 Views 0 comment Print

BSE via circular dated January 27th 2023 has introduced the facility for filings of certain   announcements in XBRL format. The said fillings are related to disclosures under REG 29 & REG 30 of  SEBI (LODR) Regulations, 2015. Following Announcements are to be made in XBRL Format: Prior Intimation of the Board Meeting. (under REG 29) […]

SOP under SEBI (PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database

January 25, 2023 5211 Views 0 comment Print

The listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are applicable, the Secretarial Auditor of those entities shall also specifically confirm compliance with the requirement of SDD by the listed entities in its Annual Secretarial Audit Report. Listed companies are advised to bring to the knowledge of their Secretarial Auditor the above requirement.

RBI extends deadline for renewal of bank locker agreements

January 23, 2023 3204 Views 0 comment Print

In many cases, the banks are yet to inform the customers about the need for renewal of agreements before January 1, 2023. Further, there is a need for revision in the Model Agreement drafted by the Indian Banks’ Association (IBA) to fully comply with the revised instructions.

RBI designate Sovereign Green Bonds under ‘Fully Accessible Route’ for Investment by Non-residents

January 23, 2023 2070 Views 0 comment Print

RBI designate all Sovereign Green Bonds issued by the Government in the fiscal year 2022-23 as ‘specified securities’ under FAR.

Implementation of Paper Import Monitoring System (PIMS) – FAQs

January 23, 2023 14691 Views 0 comment Print

In Paper, there are no small volume/high value goods on which Air-Cargo is justified. Therefore, registration under PIMS shall be mandatory regardless to mode of transportation.

Clarification on classification of shares issued by virtue of demerger to Insurance Companies

January 19, 2023 927 Views 0 comment Print

It is clarified that dividend criteria as stipulated under Regulation 3(a)(4) and 3(a)(5) of IRDAI (Investment) Regulations, 2016 read with Clause 1.11 of IRDAI Investment Master Circular dated October 27, 2022 applicable to Demerged Company

Guidelines on Insurance claims of victims of Landslides in Joshimath, Uttarakhand

January 19, 2023 576 Views 0 comment Print

As you are aware, Subsidence and Landslide have caused loss to property in some areas in the State of Uttarakhand. There is an urgent need for the general insurers to take immediate steps to mitigate the hardships of the affected insured population by ensuring immediate registration and settlement of eligible claims.

Disclosures by Fund Management Entities for Environmental, Social or Governance (ESG) Schemes

January 18, 2023 690 Views 0 comment Print

In order to promote consistency, comparability and reliability in disclosures concerning ESG schemes and ensure ESG schemes in IFSC are true to their label, IFSCA has issued a circular today requiring ESG schemes to make certain initial and periodic disclosures.

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