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Updates For the Day: May 23, 2023

NSE circular regarding Enhanced Supervision of Stock Brokers/Depository Participants

Members are required to identify their Key Management Personnel (KMP) and update their PAN details...

NSE circular regarding change in match score for PAN verification of unregistered participants introduced in CBRICS platform

In CBRICS platform, participant name is validated against the name linked with the PAN number...

NSE clarification regarding Reporting of Bank Guarantees (BGs) created out of clients’ funds

Clearing Members are required to report breakup of Bank Guarantee (BG) placed as collateral with...

CBIC circular regarding an amnesty scheme for one time settlement of default in export obligation by advance and EPCG authorization holders

The Commissioners shall ensure exporters approaching to pay duty are registered with DGFT. Such cases...

RBI circular regarding withdrawal of 2000 Rs. currency notes from circulation

In continuance of the facility of exchange of ₹2000 bank notes banks are required to...

Consultation paper on proposal enabling direct participation by clients/ participants in the Limited Purpose Clearing Corporation – tri-party repo for corporate bonds

This proposal will facilitate direct participation in repo transactions in corporate bonds by entities which...

Consultation Paper on Strengthening of Investor Grievance handling mechanism through SCORES and linking to the Online Dispute Resolution mechanism approved by SEBI

The consultation paper seeks to solicit public comments on the proposal to strengthen the investor...