Introduction
Edition 12th 23-24
Week – July 17 to July 21, 2023
Quote for the week:
“It's better to hang out with people better than you.”
– Warren Buffett. (Chairperson of Berkshire Hathaway)
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”).
The Regulatory authorities provided various updates/relaxations, some of which being:
- SEBI vide circular dated July 20, 2023 issued circular on new category of Mutual Fund schemes for Environmental, Social and Governance (“ESG”) Investing and related disclosures by Mutual Funds.
- SEBI vide circular dated July 19, 2023 issued Circular on Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Extending framework for restricting trading by Designated Persons (“DPs”) by freezing PAN at security level to all listed companies in a phased manner.
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of July 17 to July 21, 2023.
Thank you,
Swift team
|