Merchant Shipping (Maritime Labour) Amendment Rules, 2021
The Central Government in exercise of the powers conferred by section 218A read with section 457 of the Merchant Shipping Act, 1958
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New York | Biometric Law to come into force in July
New York City had passed Biometric Identifier Information Law which comes into effect on July 9, 2021. Key features of the law
Continue readingCentral Government declares State of Nagaland to be ‘disturbed area’ for a period of 6 months
On June 30, 2020, the Central Government in exercise of the powers conferred by Section 3 of the Armed Forces (Special Powers)
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Labour Law | Minimum Wages across the World
The minimum wages across the world are mentioned below: S.no. Countries Minimum Wages 1 United Kingdom Age 23 and over –
Continue readingRBI issues guidelines on declaration of dividends by NBFCs
The Reserve Bank of India has issued circular dated June 24, 2021 prescribing the guidelines on distribution of dividend by NBFC’s. The
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Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021
On June 25, 2021, the Reserve Bank of India (RBI) has issued the RBI (Call, notice, and term money markets) Directions, 2021.
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Tripura Government revises Variable Dearness Allowance (VDA)
On June 21, 2021, the Labour Department (Tripura) has issued a notification on revision of Variable Dearness Allowance (VDA) on the basis
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Scotland | New sentencing guidelines introduced
The Scottish Sentencing Council (“SSC”) has announced new guidelines setting out the process for all sentencing decisions in Scotland. The guidelines are
Continue readingSEBI | Circular on Prudential norms for liquidity risk management for open ended debt schemes
The Securities and Exchange Board of India issued a circular on prudential norms for liquidity risk management for open ended debt schemes
Continue readingUS | Facial Recognition and Biometric Technology Moratorium Act, 2020
US lawmakers have introduced Facial Recognition and Biometric Technology Moratorium Act of 2020 in the Senate on June 25, 2021. It has
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Connecticut | New laws on Labour and Workplace
The Connecticut General Assembly passed several laws during the 2021 regular session regulating labor and the workplace. The few laws passed by
Continue readingAmendment to SEBI (Alternative Investment Funds) Regulations, 2012
The Securities and Exchange Board of India has amended the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), which were notified on
Continue readingSettlement of Running Account of Client’s Funds lying with Trading Member (TM)
SEBI has issued clarification regarding settlement of running account of client’s funds lying with Trading Member (TM) vide circular dated June 16,
Continue readingMines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021
The Ministry of Mines has notified Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021 on June 25, 2021, further,
Continue readingFramework for Investment Advisers under SEBI (Investment Advisers) Regulations, 2013
The Securities and Exchange Board of India prescribes the framework for administration and supervision of Investment Advisers under the SEBI (Investment Advisers)
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Companies (Accounting Standards) Rules, 2021
The Ministry of Corporate Affairs has notified the Companies (Accounting Standards) Rules, 2021 on June 23, 2021. The Accounting Standards shall come
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FSSAI extends timeline for compliance with Food Safety and Standards (Food Products Standards and Food Additives) Ninth Amendment Regulations, 2020
On June 22, 2021, the Food Safety and Standards Authority of India (FSSAI) issued the extension of timeline till January 18, 2022
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Ireland | New legislation to implement a Circular Economy
The Ireland’s Department of Environment, Climate and Communications has issued a press release dated June 15, 2021, stating the approval of the
Continue readingSpecial Economic Zones (Amendment) Rules, 2021
On June 16, 2021, the Department of Commerce has published Special Economic Zones (Amendment) Rules, 2021 to further amend the Special Economic
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US Department of Labor announces proposed Rule for protection of Tipped Workers
The U.S. Department of Labor announced a Notice of Proposed Rulemaking on June 21, 2021, in order to limit the amount of
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