Financial Market Infrastructures Must Periodically Self-assess Against PFMIs & Disclose Results on Their Websites

Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/190, Dated 19.12.2023 … Continue reading “Financial Market Infrastructures Must Periodically Self-assess Against PFMIs & Disclose Results on Their Websites”

REs Shall Not Invest in AIFs With Direct or Indirect Downstream Investments in Its Debtor Companies | RBI

Circular No. RBI/2023-24/90 DOR.STR.REC.58/21.04.048/2023-24, Dated … Continue reading “REs Shall Not Invest in AIFs With Direct or Indirect Downstream Investments in Its Debtor Companies | RBI”

Accreditation Agencies, Which Are Also KRAs, Can Now Access KYC Docs of Applicants Available With Them | SEBI

Circular No. SEBI/HO/AFD/PoD1/CIR/2023/189, Dated 18.12.2023 … Continue reading “Accreditation Agencies, Which Are Also KRAs, Can Now Access KYC Docs of Applicants Available With Them | SEBI”

Sec. 12AA Registration Can’t Be Denied Merely on Ground That Trust Was Formed to Comply With CSR Requirements | ITAT

Case Details: Santosh Foundation v. … Continue reading “Sec. 12AA Registration Can’t Be Denied Merely on Ground That Trust Was Formed to Comply With CSR Requirements | ITAT”