Daily Newsletter - September 22, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

RBI Exposure Draft

Acts & Regulations:

IBBI Regulations

RBI Master Direction

Legal Updates:

IBBI

RBI

SEBI

DGFT

Customs

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News Update:

Indian News:

Govt to make IT hardware import authorisation process online, seeks data

Alleged GST evasion by online gaming companies seen at nearly Rs 31,000 crore

SEBI eases norms for large corporates tapping debt market

RBI proposes lenders identify 'wilful defaulters' within six months

Liquidity deficit in banks hits ₹1.5L crore

India regulator firms 'corporate group' definition amid offshore funds scrutiny

Wealthy individuals get I-T summons over non-resident status

Sebi slaps Rs 6 cr fine on DHFL's former promoters for disclosure lapses

200 taxmen, 28 locations: I-T raids 5 realtors, finds 'Rs 400cr tax evasion'

  

International News:

US Federal Reserve leaves key interest rate unchanged, sees hike by year-end

FASB weighs software capitalization threshold

UK risks losing its global reputation for best practice in corporate governance, ICAEW warns

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Exposure Draft:

RBI Exposure Draft:

Draft Master Direction on Treatment of Wilful Defaulters and Large Defaulters
[Last date for Comments: October 31, 2023] 

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Acts & Regulations:

IBBI Regulations:

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Amended upto 18.09.2023)

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 (amended upto 18-09-2023)

  

RBI Master Direction:

Master Direction - RBI (Prudential Regulations on Basel III Capital Framework, Exposure Norms, Significant Investments, Classification, Valuation and Operation of Investment Portfolio Norms and Resource Raising Norms for All India Financial Institutions) Directions, 2023

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Legal Updates:

IBBI:

IBBI Explainer - IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2023

  

RBI:

Data Quality Index for Commercial and Microfinance Segments by Credit Information Companies

  

SEBI:

SEBI (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2023

Redressal of investor grievances through the SEBI Complaint Redressal (SCORES) Platform and linking it to Online Dispute Resolution platform

  

DGFT:

De-listing of agencies authorized to issue Certificates of Origin-(Non Preferential) from Appendix 2E of FTP, 2023 [Public Notice No.31]

  

Customs:

Exchange Rate Notification dated 21.09.2023 [Notification No.68(NT)]

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