RBI has withdrawn the requirement for prior approval of tie-ups between AD banks and non-bank remittance platforms. The new framework shifts full compliance responsibility to Authorised Dealers while strengthening transparency and customer protection measures.
PFRDA has amended NPS investment guidelines to permit investment in Rupee Bonds issued by the New Development Bank. The circular broadens investment opportunities for pension funds while retaining existing credit rating and maturity conditions.
The IBBI Amendment Regulations, 2026 introduce nominee directors on IPA governing boards and strengthen oversight mechanisms. The changes aim to enhance transparency, accountability, and regulatory supervision in insolvency professional agencies.
DGFT amended the Handbook of Procedures by limiting gold imports under Advance Authorisation to a maximum of 100 kilograms. The changes aim to strengthen regulatory oversight and ensure better compliance monitoring.
DGFT clarified that banks may submit interest subvention claims even where UINs were generated after export credit disbursal during the transition phase. The relaxation was introduced to address practical implementation challenges faced by exporters and lending institutions under the EPM scheme.
PFRDA clarified that Pension Agents working with multiple Points of Presence must be identified through PAN for better traceability and monitoring. The circular also directs CRAs and PoPs to maintain and verify updated agent records.
IFSCA consolidated the regulatory framework for Broker Dealers and Clearing Members in GIFT IFSC into a single Master Circular. The framework covers registration, supervision, governance, cyber security, client protection and technology compliance.
IFSCA issued a circular explaining how Investment Advisers in the IFSC can provide implementation services for various financial products. The circular prescribes different regulated channels for listed and unlisted products.
The DGFT has amended the export policy of sugar from “Restricted” to “Prohibited” with immediate effect until September 30, 2026. The notification aims to regulate sugar exports while allowing limited exemptions for specified categories and government-approved shipments.
ROC Chennai penalised a company and its director for failing to disclose PAN and e-mail IDs of allottees in Form PAS-3. The order highlights strict compliance requirements under Rule 14(6) of the Companies Act framework.
