Draft frameworks for Regulatory Sandbox
India’s FinTech space is going through an evolutionary phase. A Regulatory Sandbox is a controlled environment for live testing of new technology with limited Regulations and customer exposure. The innovators, the financial service providers and the customers can conduct field tests to collect evidence on the benefits and risks of new financial innovations. In order […]
Delhi Building Bye laws amended
Urban Development Department of Government of National Capital Territory of Delhi has amended Unified Building Bye Laws (UBBL) for Delhi 2016 by a notification dated 27th May, 2019. As per the amendment, a new Clause 7.31 has been inserted. Procedure for obtaining Fire NOC for guest houses which have more than four floors (excluding basement […]
FSSAI License/ Registration in case of unattended applications
The Food Safety and Standards Authority of India (FSSAI) has vide its order dated May 24, 2019, communicated its decision to issue License or Registration, for applications pending beyond the time frame provided in the FSS (Licensing and registration of Food Businesses) Regulation, 2011. This move comes after FSSAI receiving multiple representations from Food Business […]
