RBI streamlines guidelines for ARC – borrower settlements
Borrowers with dues of more than Rs. 1 crore can settle their amount only after IACs evaluation.
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IRDAI notifies Regulatory Sandbox Regulations, 2025 repealing the 2019 regulations
No relaxations will be granted in respect of compliance with Insurance Act, 1938 and IRDAI Act, 1999.
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MoEF notifies Rules for End-of-Life Vehicles to minimize waste and pollution
Any vehicle which becomes an End-of-Life vehicle cannot be kept for more than 180 days.
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Govt. notifies rules to regulate exploration and production of mineral resources
These rules are applicable to all minerals in the offshore areas except mineral oils and hydrocarbons.
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SEBI modifies qualifications required for research analysts seeking registration: SEBI (Research Analyst) (Third Amendment) Regulations, 2024
Research analysts will now have to disclose the extent of use of AI in providing research services to their client.
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SEBI inserts Chapters on Specialized Investment Fund and Mutual Funds Lite in Mutual Funds Regulations
Among other amendments, the 2024 Regulations have made changes in the eligibility criteria for approval of applications and included provisions related to investment of money collected under investment strategies of Specialized Investment Fund.
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Govt. notifies Post Office Rules, 2024 superseding Post Office Rules, 1933
International co-operation will be in conformity with Universal Postal Union Convention Manual and Regulations.
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Government appoints IAS Sanjay Malhotra as the 26th Governor of the Reserve Bank of India
The 25th Governor of the Reserve Bank of India, Shaktikanta Das, served at the post for 6 years.
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SEBI replaces requirement of ‘notary attestation’ with ‘self-attestation’ in various Regulations
SEBI notified the 2024 Amendment Regulations to amend provisions related to attestation of documents in 9 Regulations.
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Govt. notifies rules enabling live testing environment of new products on a limited set of test users
Any regulatory sandbox will have a validity period of 24 months which can be extended up to 12 months.
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Telecommunications (Temporary Suspension of Services) Rules, 2024
Review committees will meet within 5 days of issuance of suspension order.
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Telecommunications (Critical Telecommunication Infrastructure) Rules, 2024
Immediate upgradation of hardware/ software is permitted if it involves a security incident.
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RBI re-defines ‘Startup’ vide Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Fourth Amendment) Regulations, 2024
The 2024 Regulations have amended the meaning of startup in the explanations to Regulation 5 and Schedule I para 1 (vii) of the 2015 Regulations.
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Govt. notifies Telecom Cyber Security Rules to enhance safety of telecommunication infrastructure
Telecommunication entitiy will have to inform CG within 6 hours of becoming aware of a security incident.
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CCI imposes a penalty of Rs. 213.14 crore on Meta for abusing its dominant position vide order dated 18-11-2024
The penalty by CCI was imposed in relation to WhatsApp’s 2021 Privacy Policy, which collected an expanded scope of data along with mandatory data.
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GRAP Stage IV Actions to tackle ‘Severe+’ Air Quality Crisis as Delhi-NCR gasps for clean air
After the AQI of Delhi clocked at 457 on 17-11-2024, the Sub-Committee decided to implement all actions under Stage IV of the GRAP from 18-11-2024.
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MoEF notifies rules to establish a clear and fair approach for conducting inquiries into air pollution
The proceedings under these rules should be completed within 6 months.
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SEBI simplifies registration process for FPIs
Applicants will have to fill in the fields which are unique to them to avoid duplication of information.
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MoEF streamlines the process of addressing water pollution violations
The Rules establishes a systematic approach for conducting inquiries into water pollution violations.
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