AMFI's advisory asks fund managers to end flexibilities that allowed employees to work from their homes by 10 June 2022.
Fund managers of Axis Mutual Fund shared trade information with outside brokers and other entities who traded on the information ahead of Axis funds.
ETF managers must appoint at least two market makers. The minimum subscription amount required for new fund offers has been reduced.
The RBI's directions are expected to curb frauds like card skimming and cloning. The UPI will be used for customer authorisation.
Stock exchanges, clearing corporations, and depositories are required to conduct a comprehensive cyber audit at least twice each financial year.
The committee will identify ways to enhance customer service standards and grievance redress mechanisms in the financial industry.
PK Halder has been on the run since 2019 after allegedly defrauding multiple NBFIs in Bangladesh of more than $280,000.
SEBI suggested to a parliamentary committee that prominent public figures be barred from promoting or endorsing crypto products.
Banks were allowed to classify lending to NBFCs as priority sector lending in September 2020, provided the funds were on-lent to priority sectors.
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