The RBI has released the Master Direction for Rupee IRDs effective March 2026, setting rules for OTC and exchange-traded derivatives. It ensures transparency, reporting compliance, and proper risk management for participants in the IRD market.
SEBI’s circular enables existing AIFs to convert to AI-only or LVF schemes, enhancing operational flexibility while requiring investor consent and reporting to SEBI.
SEBI allows REs to submit accessibility readiness reports by March 31, 2026, replacing the earlier auditor appointment deadline, and mandates periodic digital accessibility audits.
The RBI has issued final directions regulating Rupee interest rate derivatives, defining eligibility, reporting requirements, and risk limits to strengthen transparency and market integrity.
RBI permits movement of Indian currency to/from Nepal and Bhutan with revised limits, effective under the 2025 amendment to FEMA regulations.
The circular removes certain statutory lending restrictions for foreign bank IBUs while imposing stricter safeguards for director-related loans and corporate buy-back financing.
A company and its officer were penalized under Section 138 for failing to appoint an internal auditor for FY 2022-23 and 2023-24, with corrective measures and penalties mandated.
A company and its directors were penalized under Section 42(9) for filing the return of allotment 23 days late, highlighting the importance of timely compliance in private placements.
A company and its director were penalized under the Companies Act for appointing a non-resident managing director without prior Central Government approval. Rectification through resignation and post-facto sanction was required.
The Ministry of Finance has extended the duty on textured tempered glass while a statutory review evaluates potential injury to Indian industry. The extension keeps the existing levy active through June 2026.
