Introduction
Edition 28th 23-24
Week – November 27th to December 2nd
Quote for the week:
“Either write something worth reading or do something worth writing.”
– Benjamin Franklin (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 International Financial Services Centres Authority (“IFSCA”)
The Regulatory authorities provided various updates/relaxations, some of which being:
- SEBI vide circular dated December 01, 2023 issued extension of timeline for implementation of provisions of circular SEBI /HO /OIAE /IGRD /CIR /P /2023 / 156 dated September 20, 2023 on Redressal of investor grievances through the SEBI Complaint Redressal (SCORES) Platform and linking it to Online Dispute Resolution platform.
- IFSCA vide Circular dated November 22, 2023 issued Procedure for implementation of Section 12A of "The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005" and Section 51A of Unlawful Activities (Prevention) Act, 1967
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week November 27th to December 02nd.
Thank you,
Swift team
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