Daily Newsletter - July 31, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News Update:
Sebi begins crackdown on F&O mess, suggests 7 measures to save retail traders
Income Tax dept begins scrutiny in reassessment cases for AY-2018-19
RBI pulls up UCBs creating Dividend Equalisation Fund for payments
RBI's new norms on wilful defaulters to come into effect from Nov 1
RBI issues norms to improve safety of payment systems with fraud monitoring
Life Insurers to seek extension on implementing surrender value norms
Market regulator Sebi plans to widen net to curb insider trading
SEBI returns over 10 IPO papers citing omissions; strong signal to merchant bankers: Report
'Too big to fail' Big Techs pose risk profiling challenges: RBI report
RBI revokes unrestricted access for FPIs to new 14-year and 30-year bonds
CBDC retail pilot customers grow to 5 million till June 2024: RBI report
RBI plans five-episode web series to showcase its 90-yr journey, functions
No change in LTCG in medium term: Revenue secretary Sanjay Malhotra
Crypto Sector Slow to Adopt New Accounting Rules Despite Years of Advocacy
Exposure Drafts:
Exposure Draft of Standard on Auditing for Audits of Financial Statements of Less Complex Entities (SA for LCE)
[Last date for Comments: September 9, 2024]
Consultation Paper on Measures to strengthen index derivatives framework for increased Investor protection and Market stability
[Last date for Comments: August 20, 2024]
Consultation paper on proposal to improve ease of doing business with respect to the additional disclosure framework for large FPIs
[Last date for Comments: August 20, 2024]
Proposed ASU
Derivatives and Hedging (Topic 815) and
Revenue from Contracts with Customers (Topic 606)
[Last date for Comments: October 21, 2024]
Acts & Regulations:
Master Direction on Treatment of Wilful Defaulters and Large Defaulters
Legal Updates:
Amendments to Notification No. 22/2022-Customs, dated 30.04.2022 (UAE CEPA) [Notification No.40]
