IRDAI approved drafting regulations for implementing a Risk Based Capital framework to strengthen solvency assessment and align India’s insurance sector with global standards.
KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities are affecting return filing preparedness. The representation highlighted risks of penalties, system congestion and compliance pressure.
IFSCA released a consultation paper proposing changes to premium-related regulations after the Insurance Act, 1938 was amended through the SBSR Act, 2025. The draft seeks to align IFSC regulations with the revised statutory definition of “premium.”
The regulator has proposed capping penalties for position limit breaches in commodity derivatives, stating that excessive penalties may discourage market participation and risk management.
SEBI has proposed objective triggers such as average daily traded volume and open interest for transitioning agricultural derivatives to compulsory physical settlement. The proposal seeks to ensure that flexibility in settlement methodology remains limited and transparent.
SEBI has proposed allowing depositories to use up to 5% of interest or income earned from Investor Protection Fund investments for administrative and statutory expenses. The proposal aims to align depository rules with the framework already applicable to stock exchanges.
SEBI has proposed the GARUDA mechanism to reduce AIF scheme launch timelines from 30 days to 10 working days. The proposal aims to improve ease of doing business and accelerate capital deployment while maintaining post-facto regulatory scrutiny.
IFSCA approved draft Managing General Agents Regulations, 2026 to regulate registration and operations of MGAs in IFSCs. The framework introduces eligibility norms, capital requirements, audit obligations, and safeguards for policyholders.
Representation addressed to Union Finance Minister, GST Council and CBIC seeks legislative and administrative relief for bona fide GST recipients facing denial or reversal of Input Tax Credit (ITC) under Section 16(2)(c), Section 41, Rule 37 and Rule 37A of CGST framework.
Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply for non-compliance.
