Daily Newsletter - October 8, 2025
Latest additions to CAalley:
Exposure Drafts:
CA's Referencer:
Legal Updates:
News Update:
Sebi preparing action plan for quantum-safe computing: Tuhin Kanta Pandey
CBIC rolls out automated approval system for IFSC code registration
RBI proposes changes to credit risk rules for lenders
Sebi to deploy AI tool to track misleading ads, finfluencer content
RBI plans to empower ombudsman to award up to ₹30 lakh compensation to aggrieved bank customers
Landmark HC ruling: Alcohol presence not a valid reason to deny motor claims
RBI to launch deposit tokenisation pilot on October 8: Details here
NPCI launches new tech subsidiary to boost payments innovation in India
NPCI to roll out biometric authentication for digital payments from Oct 8
India to roll out digital currency; Piyush Goyal flags unbacked crypto
CCI suggests companies to perform self-audits of AI-based systems
RBI's Basel III norms to lower banks' capital requirement from 2027
India launches UPI payment system in Qatar's Lulu Group stores
Hindustan Zinc gets Rs 73.4 lakh penalty and tax demand from Udaipur tax authorities
Supreme Court to hear plea challenging constitutional validity of STT
Sebi chairman warns retail investors against speculative trading in derivatives
Sebi flags 100k misleading social media posts amid investor scams
Why auditors are the guardians of trust in the age of AI
Deloitte admits to using AI in $440k report, to repay Australian govt after multiple errors spotted
PCAOB Fines Marcum Asia $100,000 for Not Communicating Properly with Successor Audit Firm
Exposure Drafts:
Draft Directions pursuant to Policy Announcement
[Last date for Comments: October 28, 2025]
Draft Reserve Bank – Ombudsman Scheme, 2025
[Last date for Comments: October 28, 2025]
Draft Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2025
[Last date for Comments: October 28, 2025]
Consultation Paper on Measures for ease of doing business on Administration of Exchanges
[Last date for Comments: October 29, 2025]
CA's Referencer:
NFRA Auditor-Audit Committee Interaction Series 4 -
Audit of Accounting Estimates and Judgements Impairment of Non-financial Assets- Ind AS 36, SA 540
[Published on September 30, 2025]
Legal Updates:
Reserve Bank - Integrated Ombudsman Scheme, 2021 (RB-IOS, 2021)
Review of Block Deal Framework
Circular on Foreign Currency Settlement System – Instructions for IFSC Banking Units
