Introduction
Edition 23rd 23-24
Week – October 16th to October 21st
Quote for the week:
“A champion is defined not by their wins but by how they can recover when they fall”
– Serena Williams (American former tennis player)
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 Reserve Bank of India (“RBI”)
The Regulatory authorities provided various updates/relaxations, some of which being:
- SEBI vide Circular dated October 16, 2023 issued Master Circular for Stock Exchanges and Clearing Corporations
- RBI vide Notification dated October 17, 2023 amended the Master Direction (MD) on KYC.
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of October 16th to October 21st.
Thank you,
Swift team
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