Daily Newsletter - June 9, 2023
Latest additions to CAalley:
News Update:
Exposure Drafts:
Reference Section:
Legal Updates:
News Update:
FEMA violation: ED issues show-cause notices to Xiaomi, 3 foreign banks
Govt invites applications for 10 NCLT members
RBI notifies 4 key measures to strengthen 1,514 urban co-operative banks
Undue harassment of genuine MSME online sellers by GST officials 'not justified', says industry
Clarification on applicability of TCS on overseas credit card spends soon
RBI allows fintechs to guarantee loans with strict norms
Sebi to digitise processing of investor service requests, complaints by RTAs
CBDC QR codes likely to be interoperable with UPI, says Reserve Bank
Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: RBI Guv
RBI to come out with guidelines regarding fraud account classification
RBI not planning to issue norms to regulate social media influencers
Is FD a must? All your queries on opening a bank locker answered
Rupay forex cards to your fixed deposits: How today's RBI policy impacts us
We are only pausing on rates, too early to call on inflation fight: Das
20-nation Eurozone dips into recession, economy shrinks by 0.1% in Jan-March
Exposure Drafts:
Discussion Paper: Simplification of Enrolment and Registration Process for Ease of Entry and Exit in the Insolvency Profession
[Last date for Comments: June 28, 2023]
Discussion Paper: Measures for Increasing the Possibility of Resolution, Value of Resolution Plan and Enabling Timely Resolution
[Last date for Comments: June 27, 2023]
Amendments to PCAOB Auditing Standards related to a Company’s Noncompliance with Laws and Regulations And Other Related Amendments
[Last date for Comments: August 7, 2023]
Reference Section:
Master Direction - Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021 (Updated as on June 08, 2023)
Master Direction - Risk Management and Inter-Bank Dealings (Updated as on June 6, 2023)
Enhancing interconnectedness for audit teams and clients
[Author: ICAEW]
Legal Updates:
Advisory: E-Invoice Verifier App by GSTN
Participation of Mutual funds in repo transactions on Corporate Debt Securities
Online processing of investor service requests and complaints by RTAs
Guidelines on Default Loss Guarantee (DLG) in Digital Lending
Framework for Compromise Settlements and Technical Write-offs
Rationalization of Branch Authorisation Policy for Urban Co-operative Banks (UCBs)
Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021-Review
Exchange Rate Notification dated June 8, 2023 [No.41(NT)]
