Introduction

Week – March 11th to March 16th   

Quote for the week:

“Eighty percent of success is showing up.”

–Woody Allen (American filmmaker and actor)                      

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 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”), Reserve Bank of India (“RBI”), International Financial Services Authority (“IFSCA”) and SEBI ORDERS.

The Regulatory authorities provided various updates/relaxations, some of which being:

1. SEBI vide circular dated March 08, 2024 issued circular Securities and Exchange Board of India (Index Providers) Regulations, 2024.
2. IFSCA vide circular date March 11, 2024 issued Clarifications in relation to Fund Management Entities and Schemes set up in IFSCs by Sovereign Wealth Funds

We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements/ orders issued during the week of March 11th to March 16th.

Thank you, Swift team