US President Donald Trump In jurisdictions from the UK and the EU...
Category:
Regulation
Latest
Parl panel recommends single independent drug controller for AYUSH
It recommended that the reach should cover 50 per cent of Indian...
Digital competition law after due process Union Minister Harsh Malhotra
Speaking at the National Conference on Economics of Competition Law...
Canada prepares to expand assisted death amid debate
Starting in March, people whose sole underlying condition is mental illness will be able to access assisted death. Mental illness was excluded when the most recent medical assistance in dying (MAiD) law was passed in 2021 More than 30,000 Canadians have died with...
IRDAI plans to allow general insurers to vend long-term motor package policies
It proposed to allow general insurers to issue long term Own Damage policy for a period that is co-terminus with the Third Party Liability cover when a standalone Own Damage policy is renewed Chennai: The Indian insurance regulator has sought the stakeholders' views...
JPC members oppose proposal to reduce penalty amount in data protection bill
According to the bill, processing or transferring personal data in violation of the norms, is punishable with a fine of Rs 15 crore or 4 per cent of the annual turnover of the fiduciary, whichever is higher New Delhi: Several members of a parliamentary panel examining...
Govt makes 5 of IRDAI’s board decisions into regulations in less than a fortnight
Industry observers said with the speed government has notified some of the IRDAI's decisions shows its priority on the issue of penetration in the insurance sector. It is expected that the government may deal with the proposed amendments in the two Insurance Acts-...
Sebi relaxes rules for govt for PSU disinvestment
Against this backdrop, Sebi has decided to dispense with the requirement of calculating 60 days' VWAMP for the determination of open offer price in case of disinvestment of PSU companies wherein it results in its change in control, either by way of direct acquisition...
Govt to allow foreign funds to own over 51% in IDBI Bank
The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The government and Life Insurance Corporation of India together hold 94.71% in IDBI Bank and are looking to sell 60.72%. New Delhi: The Indian government will allow a...
‘Fintechs replacing banks a misconception; CBDC experience so far comforting’
"It's a misconception to view Fintech entities as a possible replacement to banks," he said, stressing that these modern age enterprises facilitate banking and are not a competition to banks in anyway. Mumbai: Speculation around fintechs replacing banks is a...
Swiss seek mandatory reporting of cyberattacks on key infrastructure
It asked parliament to approve legislation that creates the legal basis for reporting obligations and spells out the tasks of the National Cybersecurity Centre (NCSC) as the central watchdog for cyberattacks Zurich: The Swiss government proposed on Friday making it...
Overhauling Regulations: Time for spurring long-term sustainable growth
Unless the existent issue of muted demand for insurance, especially life insurance products, is not acknowledged and addressed by the regulator and the industry, such supply-side proposals alone will not be adequate to spur sustainable growth, says a report by Emkay...
Govt proposes scrapping of minimum capital for insurers
The department of financial services (DFS) has said these amendments would enhance the financial security of policyholders, promote their interests, and improve their returns New Delhi: Revamping the existing regulatory frame work, the finance ministry has proposed...