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Notifications/Circulars

SEBI Notifications on Portfolio Managers Certification Examination

September 7, 2021 4170 Views 0 comment Print

The associated persons functioning as principal officer of a Portfolio Manager or employee(s) of the Portfolio Manager having decision making authority related to fund management, shall obtain certification from the National Institute of Securities Markets by passing the NISM-Series-XXI-B: Portfolio Managers Certification Examination as mentioned in the communiqué No. NISM/ Certification/Series-XXI-B:

Tokenisation of Card Transactions – Enhancements

September 7, 2021 1749 Views 0 comment Print

The Reserve Bank of India (RBI) has today announced the following enhancements to the extant framework on card tokenisation services: a. the device-based tokenisation framework advised vide circulars of January 2019 and August 2021 has been extended to Card-on-File Tokenisation (CoFT) services as well, and

SEBI introduces of T+1 rolling settlement on an optional basis

September 7, 2021 495 Views 0 comment Print

Based on discussions with Market Infrastructure Institutions (Stock Exchanges, Clearing Corporations and Depositories), it has been decided to provide flexibility to Stock Exchanges to offer either T+1 or T+2 settlement cycle.

SEBI revises client level Position Limits for Currency Derivatives Contracts

September 7, 2021 633 Views 0 comment Print

SEBI inter alia prescribed the position limits in permitted currency pairs. Based on feedback received from Stock Exchanges/ Clearing Corporations and upon a review of the same, it has been decided to revise the client level position limits, per stock exchange, as follows:

TRQ & procedure for imports under India-Mauritius CECPA notified

September 7, 2021 906 Views 0 comment Print

TRQ for items as in Table 4 of Notification No. 25/2021-Customs dated the 31st March, 2021 on India-Mauritius CECPA and procedure for such imports is notified. Public Notice No. 23/2015-2020 |Dated the 7th September, 2021 Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 23/2015-2020-DGFT Dated […]

Weekly newsletter from Chairman, CBIC dated 07.09.2021

September 7, 2021 714 Views 0 comment Print

A few weeks back I had desired that the provisions of the recently amended Section 110 of the Customs Act, 1962 be used to expedite the pre-trial disposal of seized gold. It has been informed that DRI, IZU, has made a beginning by requesting the concerned Commissioner (Appeals) for sanction under Section 110 (1D) of the Customs Act, 1962. He has certified the correctness of the seized inventory of gold and facilitated its disposal. Other field formations may also follow suit.

SEBI (Listing Obligations And Disclosure Requirements) (Fifth Amendment) Regulations, 2021

September 7, 2021 12096 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette i.e. 8th September 2021.

XBRL based filing of Related Party Transactions for Listed Companies at NSE

September 6, 2021 15900 Views 1 comment Print

With a view to make the disclosure more accurate and efficient, the Exchange, in consultation with SEBI, is introducing a facility of filing of Related Party Transactions in XBRL mode under Regulation 23 (9) of SEBI (LODR) Regulations, 2015, with immediate effect.

Faceless Assessment: Authentication of electronic record – DSC requirement removed

September 6, 2021 3120 Views 0 comment Print

Requirement of using DSC removed for efiling of submissions in e-proceedings CBDT amends Income-tax Rules, 1962 to ease authentication of electronic records submitted in faceless assessment proceedings CBDT notifies Income Tax 14C related to Prescribed manner of authentication of an electronic record under electronic verification code under sub-clause (b) of clause (i) of sub-section (7) […]

Draft FSSAI rules for Health Supplements, Nutraceuticals etc.

September 6, 2021 2688 Views 0 comment Print

These regulations may be called Draft Food Safety and Standards (Health Supplements, Nutraceuticals, Food for Special Dietary Use, Food for Special Medical Purpose, Functional Foods and Novel Foods) Amendment Regulations, 2021.

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