🚨 SEBI & RBI launch “Demat 2.0”

🇮🇳 India takes a major step towards tokenised corporate bonds!

🔹 Digital Bonds — issued as tokens using Distributed Ledger Technology (DLT)
🔹 Atomic Settlement — bond & money move together
🔹 Automated Payments — interest & redemption through smart contracts
🔹 Same Legal Protection — investor rights remain unchanged
🔹 ₹1,025 crore raised by 3 issuers so far

🏦 Issuers:
• REC Limited — ₹500 crore
• L&T Limited — ₹500 crore
• IIFL — ₹25 crore

📌 What’s next?
Secondary trading and, in later phases, retail investor access.

👉 Read the full update & analysis:
https://www.corplawupdates.in/updates/sebi-rbi-demat-2-0-tokenised-corporate-bonds-pilot

#SEBI #RBI #Demat20 #CorporateBonds #Tokenisation #Fintech

🚨 RBI at Global Fintech Fest 2026

The RBI Governor announced two major developments for India’s fintech & financial markets:

🔹 2nd Fintech SRO — United FinTech Forum recognised by RBI
🔹 Corporate Bond Tokenisation — RBI-SEBI initiative with CBDC settlement
🔹 AI & Data Governance — stronger focus on responsible innovation
🔹 Proportionate Regulation — “same activity, same risk, same regulatory treatment”

📌 Important: The speech itself creates no new statutory compliance obligation, deadline or penalty.

👉 Read the full update & analysis:
https://www.corplawupdates.in/updates/rbi-governor-gff-2026-fintech-sro-bond-tokenisation

#RBI #GFF2026 #Fintech #SEBI #CBDC #Tokenisation #SRO

🚨 SEBI proposes stronger cyber security for MII subsidiaries

SEBI has proposed extending its IT & Cyber Security Framework, including CSCRF, to subsidiaries of Market Infrastructure Institutions (MIIs).

🔹 Applies where a subsidiary:
• Performs MII activities
• Handles MII data
• Shares IT infrastructure with the MII

🔹 Possible exemption for subsidiaries that only share infrastructure, subject to compensatory controls and SEBI approval.

📅 Consultation Paper: 11 September 2026
⏳ Comment deadline: 2 October 2026

📌 Important: This is a consultation proposal, not yet a binding regulation.

👉 Read the full analysis:
https://www.corplawupdates.in/updates/sebi-it-cyber-security-framework-mii-subsidiaries

#SEBI #CyberSecurity #CSCRF #MII #Compliance #CyberResilience

🚨 RBI amends CRR & SLR rules for Local Area Banks

The RBI has issued the Second Amendment Directions, 2026 for Local Area Banks, effective 11 September 2026.

🔹 Separate framework for scheduled & non-scheduled LABs
🔹 New daily minimum CRR requirement
🔹 Changes in CRR exemptions & SLR treatment
🔹 New penal interest provisions
🔹 Director/officer liability for specified CRR defaults

📌 Key trigger: Inclusion of Coastal Local Area Bank Limited in the Second Schedule to the RBI Act.

👉 Read the full update:
https://www.corplawupdates.in/updates/rbi-lab-crr-slr-second-amendment-directions-2026

#RBI #LocalAreaBanks #CRR #SLR #Banking #Compliance #RBIUpdate

🚨 RBI amends CRR & SLR rules for Local Area Banks

The RBI has issued the Second Amendment Directions, 2026 for Local Area Banks, effective 11 September 2026.

🔹 Separate framework for scheduled & non-scheduled LABs
🔹 New daily minimum CRR requirement
🔹 Changes in CRR exemptions & SLR treatment
🔹 New penal interest provisions
🔹 Director/officer liability for specified CRR defaults

📌 Key trigger: Inclusion of Coastal Local Area Bank Limited in the Second Schedule to the RBI Act.

👉 Read the full update:
https://www.corplawupdates.in/updates/rbi-lab-crr-slr-second-amendment-directions-2026

#RBI #LocalAreaBanks #CRR #SLR #Banking #Compliance #RBIUpdate

🚨 EPFO Wage Ceiling Increased to ₹25,000 – Cabinet Approval

The Union Cabinet has approved a proposal to increase the wage ceiling for mandatory EPFO coverage from ₹15,000 to ₹25,000 per month.

📌 Key points:
• 51 lakh+ additional employees are expected to come under coverage
• Applies to EPF, EPS and EDLI
• Estimated annual Government outgo: ₹11,339 crore
• The existing ₹15,000 ceiling continues until formal notification
• Employers should wait for the Gazette notification before changing payroll compliance

This is an important update for HR, payroll, employers, employees and CS professionals.

🔗 Read the detailed analysis:
https://www.corplawupdates.in/updates/epfo-wage-ceiling-rs-25000-cabinet-approval-2026

📢 SEBI Update – Samuhik Prativedan Manch
SEBI has extended the Samuhik Prativedan Manch to clearing members who are also stock brokers.
✅ Phase 1 proposed from 30 September 2026
✅ 14 compliance reports covered
✅ Around 60% of CM reporting requirements
✅ Single submission for multiple Clearing Corporations
✅ Around 1,066 clearing members expected to benefit
This is aimed at reducing repetitive compliance reporting and easing the reporting process for market intermediaries.
📖 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).

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

👉 A useful compliance update for banks, KYC teams, FPIs and financial professionals.

🔗 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.

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

📖 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

⚖️ Interim Moratorium for Personal Guarantors Ceased

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

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

📖 Read the Complete Legal Update

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

📲 Follow CorpLawUpdates for daily Corporate Law, IBC, MCA, SEBI & RBI updates.

#IBBI #IBC #Insolvency #PersonalGuarantor #CorporateLaw #LegalUpdate

📢 RBI UPDATE | InvIT & REIT VALUATION

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

🔹 Quoted units → Valued like other quoted securities
🔹 Unquoted units → Valued at disclosed NAV
🔹 NAV not disclosed / Infrequently traded → ₹1 per unit
🔹 Effective from: 22 September 2026
🔹 Applies to Commercial Banks, SFBs, Payments Banks, Local Area Banks & AIFIs.

📌 A key compliance change for investment, treasury, risk & finance teams.

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

#RBI #InvIT #REIT #Banking #Compliance #SEBI #CorporateLaw

📢 IFSCA Update — Qualified Jeweller Eligibility (IIBX)
22 Sept 2026 ko IFSCA ne Consolidated Circular mein naya Clause 3A insert kiya hai — 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 — ✨ 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 — 'Special Category' client route available nahi hai unke liye.
Effective immediately, 22 Sept 2026 se.
Full breakdown yahan padho 👇
https://www.corplawupdates.in/updates/ifsca-qualified-jeweller-eligibility-amendment-iibx-2026

📢 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.

🔹 Quoted units → Valued as quoted securities
🔹 Unquoted units → Valued at the NAV disclosed by the InvIT/REIT
🔹 NAV not disclosed as required → ₹1 per unit
🔹 Infrequently traded units → ₹1 per unit
🔹 Effective → 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.

📖 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

📢 SEBI Master Circular for Debenture Trustees 2026 — 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:

🔹 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.

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

🔹 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.

🔹 Recovery Expense Fund (REF)
Issuers proposing to list debt securities must contribute 0.01% of the issue size, subject to a maximum of ₹25 lakh per issuer. The fund can be used by the Debenture Trustee for specified enforcement and legal expenses in case of default.

🔹 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.

🔹 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.

🔹 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.

🔹 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.

🔹 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.

🔹 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.

📌 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.

👉 Full detailed article:
https://www.corplawupdates.in/updates/sebi-master-circular-debenture-trustees-2026

📢 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.

📅 New Deadline: 31 December 2026
🏛️ Authority: IFSCA
📌 Circular: F. No. IFSCA-AIF/127/2026-Capital Markets/1 dated 29 September 2026

🔹 The specified courses include:
• ICSI: Regulatory Framework for Fund Management in IFSC: AIFs and Retail Schemes
• ICAI: Regulatory Framework for Fund Management in IFSC

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

📖 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