• Wed. Jun 11th, 2025

Branches of Indian Banks operating in GIFT-IFSC – acting as Professional Clearing Member (PCM) of India International Bullion Exchange IFSC Limited (IIBX)

June 07, 2022 All Scheduled Commercial BanksMadam/Dear Sir On a review, it has been decided to allow the branches of Indian banks operating in GIFT-IFSC to act as PCM of…

Seeks to provide waiver of interest for specified electronic commerce operators for specified tax periods

New Delhi, the 07th June, 2022 G.S.R…….(E).- In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Central Goods and Services Tax…

RVKS and Associates Newsletter – Volume 1.19

7.6.2022 Newsletter : https://drive.google.com/file/d/1IUF1KeTC7fS5M8x25gjXYGP8WEsUmL1G/view?usp=sharing

General insurers urge IRDAI for mandatory KYC of customers  

At present, sharing KCY details is voluntary while purchasing a general insurance product. Non-life insurers have requested the insurance regulator IRDAI to permit verifying the contact details of policyholders. This…

Provisioning for Standard assets by Non-Banking Financial Company – Upper Layer

June 6, 2022 All Non-Banking Financial Companies(Including Housing Finance Companies) Madam / Dear Sir, Please refer to the circular DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021 on “Scale Based Regulation (SBR): A…

Surrender of certificate of registration of Principal Mutual Fund (PMF)

Principal Asset Management Private Limited (Principal AMC) had informed SEBI that they want to surrender the registration granted to Principal Mutual Fund by SEBI. PMF will continue to be liable…

Extension of facility for conducting annual meeting and other meetings of unitholders of REITs and InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM)

June 03, 2022 To,All Real Estate Investment Trusts (“REITs”)All Infrastructure Investment Trusts (“InvITs”)All Parties to REITs and InvITsAll Recognized Stock Exchanges Madam/ Sir, 1. SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/102 dated…

Public Disclosures by FRBs/Lloyd’s India

Date: 03-06-2022 ToCEOs of all FRBs (including Lloyd’s India) 1. The Authority has received representations on the rationalization of compliance requirements on Public Disclosures of Foreign Reinsurance Branches (FRBs) and…

Investor Grievance Redressal Mechanism

June 3, 2022 ToThe Managing Director / Executive DirectorAll Stock Exchanges Dear Sir / Madam, In order to further strengthen the Investor Grievance Redressal Mechanism, based on feedback received from…

Procedure for seeking prior approval for change in control of Portfolio Managers

June 02, 2022 To,All Portfolio ManagersSir / Madam, Regulation 11(aa) of SEBI (Portfolio Managers) Regulations, 2020 provides that a Portfolio Manager shall obtain prior approval of SEBI in case of…