SEBI Update – Ease of Doing Investments- Non-submission of ‘Choice of Nomination’ (i) Doing away with freezing of Demat Accounts and Mutual Fund Folios for existing investors; (ii) To remove freeze on payment of corporate benefits and service of physical folios; (b) Only 3 fields to be provided mandatorily for updating Nomination Details
SEBI, vide circular no. SEBI/HO/MIRSD/POD-1/CIR/2023/193 dated December 27, 2023 extended the last date for submission
RBI Update – Foreign Exchange Management (Overseas Investment) Directions, 2022 – Investments in Overseas Funds
The following amendments are carried out in the Foreign Exchange Management (Overseas Investment) Directions, 2022:
SEBI Update – Revised framework for computation of Net Distributable Cash Flow (NDCF) by Infrastructure Investment Trusts (InvITs)
It has been decided to standardize the framework for calculation of available Net Distributable Cash