Foreign LegislationLegislation Updates

The Scottish Sentencing Council (“SSC”) has announced new guidelines setting out the process for all sentencing decisions in Scotland. The guidelines are

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The Securities and Exchange Board of India issued a circular on prudential norms for liquidity risk management for open ended debt schemes

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Foreign LegislationLegislation Updates

US lawmakers have introduced Facial Recognition and Biometric Technology Moratorium Act of 2020 in the Senate on June 25, 2021. It has

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Foreign LegislationLegislation Updates

The Connecticut General Assembly passed several laws during the 2021 regular session regulating labor and the workplace. The few laws passed by

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The Securities and Exchange Board of India has amended the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), which were notified on

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SEBI has issued clarification regarding settlement of running account of client’s funds lying with Trading Member (TM) vide circular dated June 16,

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The Ministry of Mines has notified Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021 on June 25, 2021, further,

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The Securities and Exchange Board of India prescribes the framework for administration and supervision of Investment Advisers under the SEBI (Investment Advisers)

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The Ministry of Corporate Affairs has notified the Companies (Accounting Standards) Rules, 2021 on June 23, 2021. The Accounting Standards shall come

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On June 22, 2021, the Food Safety and Standards Authority of India (FSSAI) issued the extension of timeline till January 18, 2022

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Foreign LegislationLegislation Updates

The Ireland’s Department of Environment, Climate and Communications has issued a press release dated June 15, 2021, stating the approval of the

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On June 16, 2021, the Department of Commerce has published Special Economic Zones (Amendment) Rules, 2021 to further amend the Special Economic

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Foreign LegislationLegislation Updates

The U.S. Department of Labor announced a Notice of Proposed Rulemaking on June 21, 2021, in order to limit the amount of

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Legislation UpdatesRules & Regulations

The Central Government makes the Companies (Creation and Maintenance of databank of Independent Directors) Amendment Rules, 2021 further to amend the Companies

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On June 17, 2021, the Finance Department of Maharashtra has amended the notification no. PFT-2014/CR 38/Taxation-3 dated August 21, 2014 which specifies

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On June 18, 2021, the Securities and Exchange Board of India (SEBI) has issued a circular for the norms for investment and

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The Ministry of Information and Broadcasting has notified Cable Television Networks (Amendment) Rules, 2021 on June 17, 2021. The Cable Television Networks

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On June 18, 2021, the Central Government Securities Contracts (Regulation) (Amendment) Rules, 2021 to amend the Securities Contracts (Regulation) Rules, 1957, namely

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Foreign LegislationLegislation Updates

On June 16, 2021, an Act Concerning Data Privacy Breaches was signed by the Connecticut State Governor and will take effect on

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The Government of Himachal Pradesh has notified the Himachal Pradesh Motor Vehicles (Amendment) Rules, 2021 on 15.06.2021. The Himachal Pradesh Motor Vehicles

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