Exposure Drafts

• ICAI Exposure Drafts
• IBBI Exposure Draft
• IFSCA Exposure Drafts
• RBI Exposure Drafts
• SEBI Exposure Drafts
• FASB Exposure Draft
• IAASB Exposure Draft

ICAI Exposure Drafts:

• Exposure Draft on proposed Guidelines for Overseas Network 
  [Last date for Comments: June 27, 2025] 
• Exposure Drafts of updated Forensic Accounting and Investigation Standards (FAIS) and its Implementation Guide
  Compendium of FAIS
• Implementation Guide on FAIS
  [Last date for Comments: June 19, 2025]
   

IBBI Exposure Draft:

• IBBI invites suggestions on all Regulations notified under the Insolvency and Bankruptcy Code, 2016 with an aim to simplify, ease and reduce cost of compliance
  [Last date for Comments: June 30, 2025] 

IFSCA Exposure Drafts:

• Revised Draft Revamped Regulatory Framework for Global Access in the IFSC
  [Last date for Comments: June 9, 2025]
   

RBI Exposure Drafts:

• Draft Master Direction - RBI (Rupee Interest Rate Derivatives) Directions, 2025 under Section 45 W of the RBI Act, 1934
  [Last date for Comments: July 7, 2025]
   
• Draft Circular on ‘Inoperative Accounts/ Unclaimed Deposits in Banks - Revised Instructions (Amendment) 2025
  [Last date for Comments: June 6, 2025]
   
• RBI Draft Circular on ‘Updation/ Periodic Updation of KYC– Revised Instructions’
  [Last date for Comments: June 6, 2025]
   

SEBI Exposure Drafts:

• Modification of Unique Client Code by Market Makers (MMs) of ETFs and certain institutional and non-institutional clients including clients clearing through custodians without levy of penalty
  [Last date for Comments: July 11, 2025]
   
• Consultation Paper on guidelines for responsible usage of AI/ML In Indian Securities Markets
  [Last date for Comments: July 11, 2025]
   
• Consultation Paper on extending certain flexibilities under accreditation framework
  [Last date for Comments: July 8, 2025]
   
• Consultation paper on draft circular mandating periodic disclosure requirements for Securitised Debt Instruments (SDIs)
  [Last date for Comments: July 7, 2025]
   
• Draft Circular on FAQs related to regulatory provisions for Research Analysts
  [Last date for Comments: June 30, 2025]
   

FASB Exposure Draft:

• Invitation to Comment - Agenda Consultation
  [Last date for Comments: June 30, 2025] 

IAASB Exposure Draft:

• Proposed Narrow-Scope Amendments to IAASB Standards Arising from the IESBA’s Using the Work of an External Expert Project
  
  Response Template for comments
  [Last date for Comments: July 24, 2025]