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MHA Guidelines for effective control of COVID-19

March 23, 2021 921 Views 0 comment Print

States/ UTs mandated to strictly enforce Test- Track-Treat protocol, Containment measures,COVID-Appropriate behavior and SOPs on various activities

DGFT introduces new online module for filing of electronic applications for import authorizations

March 23, 2021 1407 Views 0 comment Print

As part of IT Revamp of its exporter/importer related services, this Directorate now introduces a new online module for filing of electronic, paperless applications for import authorizations with effect from 22.03.2021. All applicants seeking import authorization for restricted items may apply online by navigating to the DGFT website (https://www.dgft.gov.in) > Services — > Import Management Systems — > License for Restricted imports.

Sending Bulk SMS? Comply with TCCCP Regulations, 2018- SEBI

March 23, 2021 1071 Views 0 comment Print

All SEBI registered entities including MIIs (which use bulk SMS for providing their services to the investors) are advised to ensure strict compliance with the Telecom Regulatory Authority of India’s (TRAI) Telecom Commercial Communications Customer Preference Regulations, 2018 (TCCCP Regulations). Non-compliance with the provisions of said regulations may result in disruption of delivery of their messages to the investors.

Inclusion of a new UQC for Metric Million British Thermal Unit

March 23, 2021 711 Views 0 comment Print

Now, based on the representations received from various Natural Gas importers and further direction from the Board, a new unit – Metric Million British Thermal Unit has been added as a standard unit to the list communicated vide the above mentioned advisory number 9/2021 dated 22.03.2021.

RBI (Amalgamation of Urban Co-operative Banks) Directions, 2020

March 23, 2021 2988 Views 0 comment Print

(a) These Directions shall be called the Reserve Bank of India (Amalgamation of Urban Co-operative Banks) Directions, 2020. (b) These directions shall come into effect on the day it is placed on the official website of the Reserve Bank of India (RBI).

SEBI amends delivery default norms

March 23, 2021 645 Views 0 comment Print

SEBI had received representations from market participants in the commodity derivatives segment for standardization of delivery default norms, strengthening the deterrent mechanism and ensuring adequate compensation to the non-defaulting counterparty.

Amendment to Master Direction (MD) on KYC Procedure for Implementation of Section 51A of Unlawful Activities (Prevention) Act, 1967

March 23, 2021 981 Views 0 comment Print

Reserve Bank of India RBI/2020-21/110 DOR.AML.REC.48/14.01 .001/2020-21 March 23, 2021 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967 Please refer to Chapter IX (‘Requirements/obligations under International Agreements Communications from International Agencies’) of […]

Dispensing with physical signatures on Life Insurance proposal form allowed

March 23, 2021 840 Views 0 comment Print

Life Insurers are allowed to obtain the customer’s consent through electronic means, i.e., without requiring wet signature on the proposal form, for the business solicited by Individual Agents and Insurance Intermediaries, under all products, till 30th September 2021.

Modification of Guidelines on Standard Personal Accident Insurance product

March 23, 2021 558 Views 0 comment Print

Insurance Regulatory and Development Authority of India Ref: IRDAI/HLT/REG/CIR/058/03/2021 23rd March,2021. To All General and Standalone Health Insurers Re: Modification of Guidelines on Standard Personal Accident Insurance product 1. Reference is drawn to Annexure-1 (Policy terms and conditions of the product) of Guidelines on Standard Personal Accident Insurance product issued vide Circular Ref No: IRDA/HLT/GDL/MISC/036/02/2021 […]

Conditional exemption from issue of Physical copy of Electronic Policies till 30.09.20201

March 23, 2021 978 Views 0 comment Print

The desirability of adopting total digital means of doing business in the interests of policyholders and other stakeholders exemption is allowed for six months more by Competent Authority under Proviso to Regulation 4(iii) of the Referred Regulations, from the requirement to issue policy document, copy of proposal form in physical form. The exemption is subject to

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