I4C warns that ransomware groups are targeting NAS devices used by CA and consulting firms by exploiting weak credentials, unpatched vulnerabilities, and exposed internet interfaces. The advisory urges firms to strengthen NAS security, enable MFA, and maintain offline backups.
Authorities rejected several name reservation applications because they were phonetically or structurally similar to existing entities. The guidance emphasizes selecting unique names and complying with Companies Act naming rules.
The proposed regulations introduce a formal framework for Managing General Agents in the IFSC. The rules aim to regulate underwriting, claims management, and insurance intermediation with stronger governance standards.
SEBI proposes a new category allowing minimal documentation for low-value transmission claims. The move aims to ensure faster settlement where documentation costs may exceed the value of securities.
The government allowed investments with up to 10% non-controlling beneficial ownership through the automatic route, easing restrictions imposed under Press Note 3 while retaining safeguards.
A working group has recommended creating a regulatory ecosystem for Independent Financial Advisers at GIFT-IFSC. The proposal aims to improve investor protection and expand retail and NRI participation in the IFSC ecosystem.
The Institute of Company Secretaries of India (ICSI), a statutory body under the Ministry of Corporate Affairs, has invited feedback from Company Secretaries regarding practical difficulties faced in relation to Investor Education and Protection Fund (IEPF) claims. Through a communication dated March 10, 2026, the Institute stated that it aims to act as a bridge […]
CGST authorities arrested a company director after detecting fraudulent Input Tax Credit claims based on bogus invoices worth ₹397.23 crore. Investigation revealed that the supplier entity operated only from a co-working space with no genuine business activity.
Authorities cautioned investors about entities promising monthly returns on deposits without regulatory approval, advising the public to deal only with registered pension intermediaries.
IRDAI held discussions with US-based financial services stakeholders to explore opportunities in India’s insurance market and share recent regulatory reforms.
