Introduction
Edition 27th 23-24
Week – November 13th to November 18th
Quote for the week:
“All riches have their origin in mind.”
– Robert Collier (American author)
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 November 17, 2023 issued simplified norms for processing investor’s service requests by Registrars to an Issue and Share Transfer Agents (“RTAs”) and norms for furnishing PAN, KYC details and nomination.
- RBI has issued regulatory measures towards consumer credit and bank credit to NBFCs dated November 16, 2023.
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week November 13th to November 18th.
Thank you,
Swift team
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