CAalley Newsletter dated November 9, 2022

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Latest additions to CAalley:

News:

Indian News

Exposure Draft:

FRC Exposure Draft

Acts & Regulations:

IBBI Guidelines

Legal Updates:

IBBI

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News:

Indian News:

Centre allows trade settlement for export promotion schemes in Indian rupee

Govt to finance green bond projects and initiatives under 9 categories

15 new judicial and technical members appointed for NCLT benches

GST dept steps up anti-evasion drive

Finance ministry finalises framework for sovereign green bonds

Sebi, RBI yet to reach pact with EU on action against clearing bodies

Sebi gets fewer complaints on average so far this year: SCORES data

India’s balance of payments may slip into up to $50 billion deficit in FY23

RBI, CCIL urge Japan to drop inspection clause

Trade service officers to engage more in FTA negotiations, policy making

Is it time to regulate financial influencers?

Rate hikes unlikely to impact asset quality of home loan portfolios: ICRA

What is a regulatory sandbox?

New microfin norms will bring down credit risk: RBI

Govt eyes tighter audit to boost GST mop-up

India considers scrapping early monthly release of trade data

Piyush Goyal asks exporters make price adjustments to retain market share

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Exposure Draft:

FRC Exposure Draft:

Consultation Document - Audit Committee Standard (November 2022)
[Last date for Comments: February 8, 2023]

Draft Minimum Standard for Audit Committees (November 2022)
[Last date for Comments: February 8, 2023]

  

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Acts & Regulations:

IBBI Guidelines:

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2022 

Guidelines for Empanelment of Advocates by the Insolvency and Bankruptcy Board of India 

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) (Second) Guidelines, 2021 

Guidelines for Technical Standards for the Performance of Core Services and Other Services (Amendment), 2021 

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2021 

Guidelines for Appointment of Insolvency Professionals as Administrators under the Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018
 

  

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Legal Updates:

IBBI:

Review of Regulations