Introduction
Week – April 15th to April 20th
Quote for the week:
“Be persistent and resilient in the face of challenges, for they are the building blocks of success.”
– Ratan Tata (Tata Group, Chairperson)
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”), Insolvency and Bankruptcy Board of India (‘IBBI’) International Financial Services Authority (“IFSCA”) and Orders.
The Regulatory authorities provided various updates/relaxations, some of which being:
- SEBI vide Circular dated April 18, 2024 issued standardization of the Private Placement Memorandum (PPM) audit report.
- IFSCA vide Circular dated April 18, 2024 issued authorization to import of gold and silver by Indian Banks through India International Bullion Exchange IFSC Limited (IIBX).
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements/ orders issued during the week of April 15th to April 20th.
Thank you, Swift team
|