RBI Update – Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023
These regulations shall be called the Foreign Exchange Management (Manner of Receipt and Payment) Regulations,
RBI Update – Trade Credit for imports into India – Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS)
It has been decided to shift the arrangement for reporting of quarterly data on issuance
RBI Update – Rupee Drawing Arrangement – Submission of statement/return on CIMS Portal
It has now been decided that with effect from December 26, 2023, submission of the
RBI Update – CIMS Project implementation – Discontinuation of submission in legacy XBRL
AD Category-I banks were required to submit the following statements on XBRL site – (i)
RBI Update – Liberalised Remittance Scheme (LRS) for Resident Individuals- Reporting of monthly return and daily transactions
It has now been decided that, with effect from December 26, 2023, the submission of both
RBI Update – Reverse Repo transactions – Reporting in Form ‘A’ Return
The Reverse Repo transactions of a bank with non-banks (other institutions) should be reported as
SEBI Update – Amendment to Circular dated July 31, 2023 on Online Resolution of Disputes in the Indian Securities Market
Clauses Online Resolution of Disputes in the Indian Securities Market Amendment to Circular dated July
RBI Update – Card-on-File Tokenisation (CoFT) – Enabling Tokenisation through Card Issuing Banks
It has been decided to enable CoFT directly through card issuing banks / institutions also.
SEBI Updates- Business Continuity for Clearing Corporations through Software as a Service (SaaS) Model
To strengthen the business continuity framework of clearing corporations (CC) for handling major software malfunctions,
RBI Update -Investments in Alternative Investment Funds (AIFs)
In order to address concerns relating to possible evergreening through this route, it is advised