Introduction
Edition 30th 22-23
Week – October 31st to November 04th
Quote for the week:
“Play by the rules, but be ferocious.”
– Phil Knight.
We welcome you to our weekly newsletter!
The ‘Swift e-Bulletin’ - weekly newsletter, covers all regulatory updates and critical judgements passed during the week. We hope that you liked our previous editions and found it to be of great value in its content. We want this newsletter to be valuable for you so, please share your feedback and suggestions to help us improve.
Further, various regulatory authorities have been proactive in bringing significant regulatory changes in recent challenging times. This week’s newsletter covers various Circulars/notifications issued by certain regulatory authorities such as the Securities and Exchange Board of India (“SEBI”), International Financial Services Centers Authority (“IFSCA”) and Insolvency and Bankruptcy Board of India (” IBBI”).
The Regulatory authorities provided various updates/relaxations, some of which being:
- SEBI vide circular dated October 31, 2022 issued modifications to the Operational Guidelines pertaining to International Securities Identification Number (ISIN) for the issue and listing of Non-Convertible Securities (NCS), Securitized Debt Instruments (SDI), Security Receipts (SR), Municipal Debt Securities and Commercial Paper (CP).
- IFSCA vide notification dated November 03, 2022 issued IFSCA (Anti Money Laundering, Counter Terrorist-Financing and Know Your Customer) Guidelines, 2022.
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of October 31 to November 03, 2022.
Thank you,
Swift team
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