Foreword
We are pleased to present the latest edition of our quarterly newsletter, where we have covered significant amendments under banking laws, securities laws and environment laws.
Key Updates Under Banking Laws
- RBI issues Directions on Compounding of Contraventions under FEMA
- RBI strengthens norms for Core Investment Companies under Core Investment Companies (Reserve Bank) Directions, 2016
- Sovereign Green Bonds designated for Non-resident Investment under ‘Fully Accessible Route’
- Operational Framework for Reclassification of Foreign Portfolio Investment to Foreign Direct Investment
- Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Fourth Amendment) Regulations, 2024
Key updates under Securities Law
- SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024
- Securities and Exchange Board of India (Alternative Investment Funds) (Fifth Amendment) Regulations, 2024
- Securities and Exchange Board of India (Infrastructure Investment Trust) (Third Amendment) Regulations, 2024
- Guidelines for investments in overseas mutual funds/unit trusts by Indian mutual funds
- Securities and Exchange Board of India (Buy-Back of Securities) (Second Amendment) Regulations, 2024
Key Updates under Environmental Law
- Draft Liquid Waste Management Rules, 2024
- Biological Diversity Rules, 2024
- Environment Protection (Extended Producer Responsibility for Packaging made from paper, glass and metal as well as sanitary products) Rules, 2024
- Solid Waste Management Rules, 2024
- Introduction of the Environment Protection (Manner of Holding Inquiry and Imposition of Penalty) Rules, 2024
- CPCB Issues Guidelines to Standardise E-Waste Recycling Facility Operations and Capacity Determination
LKS Corporate Practice: Quarterly Update 2024 (October - December)