RBI mandates reporting of partly paid units issued by investment vehicles via FIRMS portal, with revised timelines and compliance instructions.
SEBI directs intermediaries to make digital KYC accessible to persons with disabilities, following Supreme Court ruling on equal access to financial services.
The Ministry of Finance issued Notification 30/2025-Customs, amending Notification 55/2022-Customs. This alters an entry in the specified table, effective May 23, 2025.
FSSAI’s new guidelines establish criteria for accepting recycled PET (FCM-rPET) in food contact materials, outlining approved recycling processes, testing, and authorization requirements for manufacturers.
SEBI clarifies its stance on whether a merchant banker can trade in a company’s shares after managing its public issue, outlining the rules and restrictions.
Jurisdiction for PMLA cases in Chhattisgarh updated to the VI Additional Sessions Court, Raipur, covering the entire state.
Customs notification updates Raxaul transit route under the India-Nepal Treaty of Transit dated 1st June 2023, aligning rail transit procedures.
The CAG has issued revised directions for statutory auditors of government companies, effective May 23, 2025, covering investment valuation, IT system accounting, fund utilization, risk management, and regulatory compliance.
The RBI has released a draft circular for public comment until June 6, 2025, proposing amendments to rules on inoperative accounts and unclaimed deposits, including enabling Business Correspondents for KYC updates.
RBI invites comments on draft circular for KYC updation, aiming to ease customer process, reduce pendency, and allow BCs to facilitate updates.
