CorpLawUpdates
4 subscribers
17 links
Download Telegram
πŸ“’ SEBI Update – Samuhik Prativedan Manch
SEBI has extended the Samuhik Prativedan Manch to clearing members who are also stock brokers.
βœ… Phase 1 proposed from 30 September 2026
βœ… 14 compliance reports covered
βœ… Around 60% of CM reporting requirements
βœ… Single submission for multiple Clearing Corporations
βœ… Around 1,066 clearing members expected to benefit
This is aimed at reducing repetitive compliance reporting and easing the reporting process for market intermediaries.
πŸ“– Read the full update:
https://www.corplawupdates.in/updates/sebi-samuhik-prativedan-manch-clearing-members-2026⁠�
#SEBI #Compliance #CorporateLaw #CorpLawUpdates
🚨 RBI KYC Update | FPI Certified Copy Facility

The Reserve Bank of India has issued six KYC Amendment Directions, 2026 extending the alternative certified-copy KYC verification facility to Foreign Portfolio Investors (FPIs).

πŸ“Œ Key Highlights:
β€’ Effective immediately from 18 September 2026
β€’ Applies to all 6 RBI-regulated bank categories
β€’ Same certified-copy facility earlier available to NRIs and PIOs
β€’ Overseas certification authorities remain unchanged
β€’ No change in the standard KYC verification process

πŸ‘‰ A useful compliance update for banks, KYC teams, FPIs and financial professionals.

πŸ”— Read the full article:
https://www.corplawupdates.in/updates/rbi-kyc-amendment-directions-2026-fpi-certified-copy

#RBI #KYC #FPI #Banking #Compliance
🚨 IFSCA Update | Distributor Master Circular Amended

IFSCA has amended the Master Circular for Distributors in the IFSC through its circular dated 18 September 2026.

πŸ“Œ Key Highlights:
β€’ UAE, Singapore, Australia and the European Union have been specified as jurisdictions under Regulation 32 of the CMI Regulations, 2025.
β€’ A new clarification states that β€œjurisdiction” refers to the domicile of the capital market product or service, not the location of the entity managing it.
β€’ The specified jurisdictions remain subject to applicable FATF and Central Government high-risk jurisdiction restrictions.
β€’ The amendment is effective immediately.

πŸ“– Read the detailed analysis:
https://www.corplawupdates.in/updates/ifsca-master-circular-distributors-jurisdictions-amendment-2026

#IFSCA #GIFTIFSC #Compliance #CapitalMarkets #CMI #RegulatoryUpdate
🚨 IMPORTANT IBBI UPDATE

βš–οΈ Interim Moratorium for Personal Guarantors Ceased

IBBI has clarified that the interim moratorium for personal guarantors to corporate debtors ceased from 26 May 2026.

πŸ“Œ Key Points
β€’ Applies even to pending applications as on 26 May 2026
β€’ IBBI Circular: IBBI/II/106/2026
β€’ Circular dated: 21 September 2026
β€’ Bombay HC & Delhi HC judgments communicated
β€’ Creditors may proceed with suits, arbitration and other proceedings, subject to applicable law/orders.

πŸ“– Read the Complete Legal Update

πŸ”— https://www.corplawupdates.in/updates/ibbi-circular-interim-moratorium-personal-guarantors-ceased

πŸ“² Follow CorpLawUpdates for daily Corporate Law, IBC, MCA, SEBI & RBI updates.

#IBBI #IBC #Insolvency #PersonalGuarantor #CorporateLaw #LegalUpdate
πŸ“’ RBI UPDATE | InvIT & REIT VALUATION

The RBI has introduced new valuation rules for InvIT & REIT units held by banks and All India Financial Institutions.

πŸ”Ή Quoted units β†’ Valued like other quoted securities
πŸ”Ή Unquoted units β†’ Valued at disclosed NAV
πŸ”Ή NAV not disclosed / Infrequently traded β†’ β‚Ή1 per unit
πŸ”Ή Effective from: 22 September 2026
πŸ”Ή Applies to Commercial Banks, SFBs, Payments Banks, Local Area Banks & AIFIs.

πŸ“Œ A key compliance change for investment, treasury, risk & finance teams.

πŸ”— Read the complete analysis:
https://www.corplawupdates.in/updates/rbi-invit-reit-unit-valuation-amendment-directions-2026

#RBI #InvIT #REIT #Banking #Compliance #SEBI #CorporateLaw
❀1
πŸ“’ IFSCA Update β€” Qualified Jeweller Eligibility (IIBX)
22 Sept 2026 ko IFSCA ne Consolidated Circular mein naya Clause 3A insert kiya hai β€” Qualified Jeweller notification ke liye ek aur fast-track eligibility route.
Ab teen categories eligible hain (turnover/net-worth test skip karke):
1️⃣ Advance Authorisation (DGFT) holders
2️⃣ GJEPC RCMC holders
3️⃣ DGFT Authorisation for specific ITC(HS) codes holders β€” ✨ yeh naya add hua hai
Catch: Clause 3A route se aane wale entities sirf apni Authorisation mein mentioned ITC(HS) codes hi import kar sakte hain, aur sirf Bullion Trading Member ke through β€” 'Special Category' client route available nahi hai unke liye.
Effective immediately, 22 Sept 2026 se.
Full breakdown yahan padho πŸ‘‡
https://www.corplawupdates.in/updates/ifsca-qualified-jeweller-eligibility-amendment-iibx-2026
πŸ“’ RBI UPDATE | InvIT & REIT Valuation Rules

The Reserve Bank of India has introduced a standardised valuation framework for InvIT and REIT units held by banks and All India Financial Institutions.

πŸ”Ή Quoted units β†’ Valued as quoted securities
πŸ”Ή Unquoted units β†’ Valued at the NAV disclosed by the InvIT/REIT
πŸ”Ή NAV not disclosed as required β†’ β‚Ή1 per unit
πŸ”Ή Infrequently traded units β†’ β‚Ή1 per unit
πŸ”Ή Effective β†’ 22 September 2026

The amendments apply across Commercial Banks, Small Finance Banks, Payments Banks, Local Area Banks and AIFIs.

For investment, treasury, risk and compliance teams, the key focus now is monitoring NAV disclosures and trading status of InvIT/REIT holdings.

πŸ“– Read the complete analysis:
https://www.corplawupdates.in/updates/rbi-invit-reit-unit-valuation-amendment-directions-2026

#RBI #InvIT #REIT #Banking #Compliance #SEBI #Finance #CorporateLaw #RegulatoryUpdate #InvestmentManagement
πŸ“’ SEBI Master Circular for Debenture Trustees 2026 β€” Key Points

SEBI has issued the Master Circular for Debenture Trustees on September 28, 2026, consolidating the applicable regulatory framework into 17 chapters and rescinding the earlier Master Circular dated August 13, 2025.

Here are the important points so you can understand the update without visiting the website:

πŸ”Ή Regulation 9C & SBU
Debenture Trustees carrying out non-SEBI-regulated activities have to operate those activities through separate Separate Business Units (SBUs) with appropriate segregation, records, grievance mechanisms and disclosures.

πŸ“… Key deadline: October 27, 2026 for implementation of the Regulation 9C/SBU framework.

πŸ”Ή Security & Covenant Monitoring System
Depositories will operate the system for recording security creation, security cover, covenants, payments and credit-rating information. A unique 12-digit Asset ID is generated for assets offered as security, with duplicate checks built into the system.

πŸ”Ή Recovery Expense Fund (REF)
Issuers proposing to list debt securities must contribute 0.01% of the issue size, subject to a maximum of β‚Ή25 lakh per issuer. The fund can be used by the Debenture Trustee for specified enforcement and legal expenses in case of default.

πŸ”Ή Security Cover Certificate
The issuer has quarterly security-cover requirements, while the trustee has corresponding reporting obligations. Key timelines include 60/75 days for issuer submissions and 75/90 days for trustee submissions, depending on the quarter.

πŸ”Ή Default & Investor Consent
For listed debt securities, the default process includes notice within 3 days and a meeting within 30 days, subject to the applicable provisions. The requisite majority is 75% by value and 60% by number at the ISIN level. Enforcement uses negative consent, while signing an ICA involves positive consent.

πŸ”Ή Investor Grievances & SCORES
Debenture Trustees must provide a dedicated grievance mechanism, publish complaint data by the 7th of the succeeding month, and take steps to resolve SCORES complaints within 30 days.

πŸ”Ή Website Disclosures
The circular also covers disclosure of credit-rating revisions, payment status, security cover, defaults, complaints and other information on the trustee's website.

πŸ”Ή FINNET 2.0
Debenture Trustees registered in FINNET 1.0 are required to re-register in FINNET 2.0, while entities not yet registered with FIU-India are required to register.

πŸ”Ή Outsourcing & Conflict of Interest
Core business and compliance functions cannot be outsourced. The circular also contains requirements relating to outsourcing risk, conflicts of interest, internal controls and regulatory access.

πŸ“Œ The Master Circular also consolidates and supersedes five earlier circulars, including the August 13, 2025 Master Circular and the November 2025 circulars on issuer timelines, REF and Regulation 9C-related requirements.

πŸ‘‰ Full detailed article:
https://www.corplawupdates.in/updates/sebi-master-circular-debenture-trustees-2026
πŸ“’ IFSCA Extends Fund Management Certification Deadline to 31 December 2026

IFSCA has extended the deadline for KMPs and employees of Fund Management Entities (FMEs) in IFSCs to successfully complete the specified certification course.

πŸ“… New Deadline: 31 December 2026
πŸ›οΈ Authority: IFSCA
πŸ“Œ Circular: F. No. IFSCA-AIF/127/2026-Capital Markets/1 dated 29 September 2026

πŸ”Ή The specified courses include:
β€’ ICSI: Regulatory Framework for Fund Management in IFSC: AIFs and Retail Schemes
β€’ ICAI: Regulatory Framework for Fund Management in IFSC

βœ… All other provisions of the earlier April and August 2026 circulars remain unchanged.

πŸ“– Read the complete update, including applicability, legal basis and compliance checklist:

"Read Full Update on CorpLawUpdates.in" (https://www.corplawupdates.in/updates/ifsca-fund-management-certification-course-deadline-extended-december-2026)

#IFSCA #FundManagement #GIFTIFSC #Compliance #ICSI #ICAI #CorporateLaw #CorpLawUpdates
πŸ“’ SEBI Project Jagrook β€” Investor Awareness Messages for Stock Brokers

SEBI has issued a circular dated 1 October 2026 requiring stock brokers to display investor awareness messages shared by SEBI on their websites and trading apps.

πŸ”Ή 5–31 October 2026 β€’ Websites: Investor awareness messages + Risk disclosures
β€’ Trading apps: Voluntary display

πŸ”Ή From 1 November 2026 β€’ Websites: Messages on the landing page
β€’ Trading apps: Messages + Risk disclosures on alternate days, on the landing page

πŸ“Œ SEBI may modify the investor awareness messages from time to time.

πŸ‘‰ Read the full update:
https://www.corplawupdates.in/updates/sebi-project-jagrook-investor-awareness-messages-stock-brokers-2026

#SEBI #ProjectJagrook #InvestorAwareness #StockBrokers #Compliance
*RBI Monetary Policy – 7 October 2026*

The RBI's MPC has raised the repo rate by 25 bps to *5.50%*. The rate vote was unanimous. The stance is now *calibrated tightening*, meaning rate cuts are off the table in the near term and the next move can only be a hike or a pause.

*New rates*
β€’ SDF: 5.25%
β€’ MSF and Bank Rate: 5.75%

*RBI projections for FY2026-27*
β€’ Real GDP growth: 7.1%
β€’ CPI inflation: 5.2%

*Also announced*
β€’ Interoperability among NBFC-Account Aggregators and bank deposit data in the SEBI depositories' CAS, expected by 31 December 2026
β€’ A Technical Consultative Committee for Financial Markets (composition to be notified)

*Key dates:* MPC minutes on 21 Oct 2026. Next MPC meeting 2 to 4 Dec 2026.

Read the full update:
https://www.corplawupdates.in/updates/rbi-repo-rate-hike-5-50-percent-october-2026