Introduction
Edition 22nd 23-24
Week – October 09th to October 13th
Quote for the week:
“Play by the rules but be ferocious”
– Phil Knight. (co-founder and chairman emeritus of Nike, Inc.)
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”) and International Financial Services Centres Authority (“IFSCA”)
The Regulatory authorities provided various updates/relaxations, some of which being:
- SEBI Circular dated October 10, 2023 issued extension in timeline for compliance with qualification and experience requirements under Regulation 7 (1) of SEBI (Investment Advisers) Regulations, 2013.
- SEBI vide Circular dated October 12, 2023 issued Master Circular on Know Your Client (KYC) norms for the securities market.
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of October 09th to October 13th.
Thank you,
Swift team
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