{"id":280914,"date":"2023-01-03T16:30:46","date_gmt":"2023-01-03T11:00:46","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=280914"},"modified":"2023-01-03T15:20:53","modified_gmt":"2023-01-03T09:50:53","slug":"legislation-december-2022-round-up-top-16-stories-on-under-17-womens-world-cup-registration-of-regular-vehicles-into-bharat-series-national-geospatial-policy-sebis-master-circular","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/03\/legislation-december-2022-round-up-top-16-stories-on-under-17-womens-world-cup-registration-of-regular-vehicles-into-bharat-series-national-geospatial-policy-sebis-master-circular\/","title":{"rendered":"Legislation December 2022 Round Up | Top 16 Stories on Under-17 Women’s World Cup , Registration of regular vehicles into Bharat Series, National Geospatial Policy, SEBI’s Master Circular for FPIs, DDPs and Eligible Foreign Investors, RBI’s Series III & IV Gold Bond Scheme; and more"},"content":{"rendered":"
\n

   <\/p>\n

MINISTRY OF FINANCE<\/h4>\n

CBDT notifies Under-17 Women’s World Cup, 2022 as the international sporting event<\/b><\/p>\n

The Central Government has notified Under-17 Women’s World Cup, 2022 as the international sporting event. Federation Internationale de Football Association Under-17 Women’s World Cup, 2022 as the international sporting event;<\/p>\n

READ MORE<\/a><\/p>\n

NDPS (Seizure, Storage, Sampling and Disposal) Rules, 2022<\/b><\/p>\n

On 23-12-2022, the Ministry of Finance (MoF) has issued the Narcotic Drugs and Psychotropic Substances (Seizure, Storage, Sampling and Disposal) Rules, 2022.<\/p>\n

READ MORE<\/a><\/p>\n

CBIC notifies CGST (Fifth Amendment) Rules, 2022<\/b><\/p>\n

On 26-12-2022, the Ministry of Finance has notified the Central Goods and Services Tax (Fifth Amendment) Rules, 2022 to amend the Central Goods and Services Tax Rules (‘CGST Rules’), 2017<\/a>. These rules came into effect on 26-12-2022.<\/p>\n

READ MORE<\/a><\/p>\n

MINISTRY OF ROAD TRANSPORT AND HIGHWAYS<\/h4>\n

Govt allows conversion of regular vehicle registrations into Bharat Series vide Central Motor Vehicles (Twenty-third Amendment) Rules, 2022<\/b><\/p>\n

On 14-12-2022, the Ministry of Road Transport and Highways notified Central Motor Vehicles (Twenty-third Amendment) Rules, 2022 to amend Central Motor Vehicles Rules, 1989<\/a> (“CMV Rules”) and allow the conversion of regular vehicle registrations into Bharat Series (BH) numbers as part of measures to widen the scope of the BH series ecosystem. The provisions of the amendment came into effect on 14-12-2022.<\/p>\n

READ MORE<\/a><\/p>\n

Specific exemptions for Armoured vehicles notified vide Central Motor Vehicles (Twenty-second Amendment) Rules, 2022<\/b><\/p>\n

On 01-12-2022, the Central Government has notified Central Motor Vehicles (Twenty-second Amendment) Rules, 2022 to amend the Central Motor Vehicles Rules, 1989<\/a>:<\/p>\n

READ MORE<\/a><\/p>\n

MINISTRY OF POWER<\/h4>\n

Energy Conservation (Amendment) Act, 2022 to come into force with effect from January 01, 2023<\/b><\/p>\n

The Central Government hereby appoints 01-01-2023 , as the date on which all the provisions of the Energy Conservation (Amendment) Act, 2022 shall come into force.<\/p>\n

MINISTRY OF SCIENCE AND TECHNOLOGY<\/h4>\n

Government notifies National Geospatial Policy, 2022<\/b><\/p>\n

On 16-12-2022, the Ministry of Science and Technology has notified the National Geospatial Policy, 2022 to create an enabling ecosystem thereby providing a conducive environment to Indian Companies that will enable them to make India self-reliant in producing and using their own Geospatial data \/information and compete with foreign companies in the global space.<\/p>\n

READ MORE<\/a><\/p>\n

SECURITIES AND EXCHANGE BOARD OF INDIA<\/h4>\n

SEBI extends timeline for implementation of Standardized industry classification by Credit Rating Agencies<\/b><\/p>\n

On 1-12-2022, the Securities and Exchange Board of India (‘SEBI’) has further extended the timeline for implementation of Standardized industry classification by Credit Rating Agencies (‘CRAs’) till 15-12-2022.<\/p>\n

READ MORE<\/a><\/p>\n

SEBI issues Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors<\/b><\/p>\n

On 19-12-2022, the Securities and Exchange Board of India (‘SEBI’) has issued Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors laying down the operational guidelines under the SEBI (Foreign Portfolio Investors) Regulations, 2019<\/a>.<\/p>\n

READ MORE<\/a><\/p>\n

SEBI may relax the strict enforcement for strategic disinvestment in a listed entity<\/b><\/p>\n

On 05-12-2022, the Securities and Exchange Board of India (SEBI) has issued SEBI (Listing Obligations and Disclosure Requirements) (Seventh Amendment) Regulations, 2022 to further amend the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015<\/a>.<\/p>\n

READ MORE<\/a><\/p>\n

Procedure for allowing Members to participate in Board meetings through video conferencing or other audio visual means introduced vide SEBI (Procedure for Board Meetings) (Amendment) Regulations, 2022<\/b><\/p>\n

The Board has notified SEBI (Procedure for Board Meetings) (Amendment) Regulations, 2022 to further amend the Securities and Exchange Board of India (Procedure for Board Meetings) Regulations, 2001<\/a>.<\/p>\n

READ MORE<\/a><\/p>\n

RESERVE BANK OF INDIA<\/h4>\n

RBI issues Master Directions on Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directions, 2022<\/b><\/p>\n

On 12-12-2022, the Reserve Bank of India (‘RBI’) has issued Master Directions on Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directions, 2022 laying down the modalities for Authorised Dealer Category- I (‘AD Cat- I’) banks. These Directions came into force from 12-12-2022.<\/p>\n

READ MORE<\/a><\/p>\n

RBI issues circular on disclosure of material items under RBI (Financial Statement- Presentation and Disclosures) Directions, 2021<\/b><\/p>\n

On 13-12-2022, the Reserve Bank of India (‘RBI’) has issued circular on Disclosure of material items under the Reserve Bank of India (Financial Statement- Presentation and Disclosures) Directions, 2021 in order to ensure greater transparency. <\/p>\n

READ MORE<\/a><\/p>\n

RBI announces Series III and IV Sovereign Gold Bond Scheme 2022-23<\/b><\/p>\n

On 16-12-2022, the Reserve Bank of India (‘RBI’) has announced Series III and IV of Sovereign Gold Bond Scheme 2022-2023. Applicable on Scheduled Commercial Banks, Designated Post Offices, Stock Holding Corporation of India Ltd., National Stock Exchange of India Ltd., Clearing Corporation of India Ltd.<\/p>\n

READ MORE<\/a><\/p>\n

RBI announces Central Payments Fraud Information Registry- Migration of Reporting to DAKSH<\/b><\/p>\n

On 26-12-2022, the Reserve Bank of India (‘RBI’) has announced the Central Payments Fraud Information Registry (‘CPFIR’)- Migration of Reporting to DAKSH for reporting of payment frauds by scheduled commercial banks and non-bank Prepaid Payment Instrument issuers to streamline reporting, enhance efficiency and automate the payments fraud management process. The migration will come into effect from 1-1-2023.<\/p>\n

READ MORE<\/a><\/p>\n

FOREIGN LEGISLATION<\/h4>\n

Switzerland adopts Ordinance on Climate Disclosures<\/b><\/p>\n

Switzerland has adopted an Ordinance on Climate Disclosures. The Ordinance governs disclosures on climate issues by companies in accordance with Article 964a of the CO as part of environmental matters within the framework of non–financial matters in accordance with Article 964b of the CO.<\/p>\n

READ MORE<\/a><\/p>\n

*Kriti Kumar, Editorial Assistant has reported this round up.<\/span><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    MINISTRY OF FINANCE CBDT notifies Under-17 Women’s World Cup, 2022 as the international sporting event The Central Government has notified <\/p>\n","protected":false},"author":67011,"featured_media":280925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45673,48207],"tags":[54144,20201,54140,54143,2824,54141,54145,54142,54139],"class_list":["post-280914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-columns-for-roundup","category-legislation-roundup","tag-central-goods-and-services-tax","tag-central-government","tag-football-association","tag-international-sporting-event","tag-Ministry_of_Finance","tag-narcotic-drugs-and-psychotropic-substances","tag-national-geospatial-policy","tag-sporting-event","tag-world-cup"],"yoast_head":"\nLegislation December 2022 Round Up | Top 16 Stories on Under-17 Women’s World Cup , Registration of regular vehicles into Bharat Series, National Geospatial Policy, SEBI’s Master Circular for FPIs, DDPs and Eligible Foreign Investors, RBI’s Series III & IV Gold Bond Scheme; and more | SCC Times<\/title>\n<meta name=\"description\" content=\"The Central Government has notified Under-17 Women\u2019s World Cup, 2022 as the international sporting event. 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Key points: Federation Internationale de Football Association Under-17 Women\u2019s World Cup, 2022 as the international sporting event; Federation Internationale de Football Association, as the person; Income arising from the receipts from National supporters\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"CBDT","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/12\/MicrosoftTeams-image-343.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":266669,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/05\/10\/government-notifies-sporting-events-of-national-importance\/","url_meta":{"origin":280914,"position":1},"title":"Government notifies sporting events of national importance","author":"Bhumika Indulia","date":"May 10, 2022","format":false,"excerpt":"On May 09, 2022, the Central Government has notified the following events as sporting events of national importance. They are: All Olympics Games Commonwealth Games Asian Games Events relating to the following sports,- Cricket(i) All official One-Day, Twenty-20 and Test matches played by the Indian Men\u2019s and Women\u2019s Cricket Team\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/MicrosoftTeams-image-211-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/MicrosoftTeams-image-211-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/MicrosoftTeams-image-211-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/MicrosoftTeams-image-211-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/MicrosoftTeams-image-211-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":278668,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/11\/22\/madras-high-court-restrains-several-cable-and-internet-service-providers-from-broadcasting-the-fifa-world-cup-2022-grants-interim-injunction-to-viacom-18-legal-research-legal-new\/","url_meta":{"origin":280914,"position":2},"title":"Madras High Court restrains several cable and internet service providers from broadcasting FIFA World Cup, 2022; Grants interim injunction in favour of Viacom 18","author":"Editor","date":"November 22, 2022","format":false,"excerpt":"\u00a0 \u00a0 Madras High Court: In an application filed by Viacom 18 praying for restraining several cable and internet service providers involved in illegal activities and unauthorised retransmitting, recording, streaming, audio-visual clips and full sports event of FIFA World Cup, 2022, M.Sundar, J. has granted interim injunction in favour of\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Madras High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Madras-HC.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Madras-HC.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Madras-HC.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Madras-HC.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Madras-HC.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":280689,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/30\/ministry-of-science-and-technology-notified-national-geospatial-policy-2022-in-order-to-create-an-enabling-ecosystem-thereby-providing-conducive-environment-to-indian-companies-that-will-enable-them-t\/","url_meta":{"origin":280914,"position":3},"title":"Government notifies National Geospatial Policy, 2022","author":"Editor","date":"December 30, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 16-12-2022, the Ministry of Science and Technology has notified the National Geospatial Policy, 2022 to create an enabling ecosystem thereby providing a conducive environment to Indian Companies that will enable them to make India self-reliant in producing and using their own Geospatial data \/information and compete with\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"National Geospatial Policy, 2022","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/12\/MicrosoftTeams-image130.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":267806,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/06\/02\/legislations-monthly-roundup-may-2022\/","url_meta":{"origin":280914,"position":4},"title":"Legislations | Monthly RoundUp [May, 2022]","author":"Bhumika Indulia","date":"June 2, 2022","format":false,"excerpt":"Legal Round Up for the month of May is mentioned below: \u00a0 MINISTRY OF CORPORATE AFFAIRS Companies (Share Capital and Debentures) Amendment Rules 2022 The Central Government has notified Companies (Share Capital and Debentures) Amendment Rules 2022 to amend the Companies (Share Capital and Debenture) Rules, 2014. 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