Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
This circular modifies the valuation methodology for repurchase (repo) transactions, including tri-party repo (TREPS), by mutual funds. Previously, repo transactions up to 30 days tenor were valued on cost plus accrual basis. The circular mandates valuing all repo transactions, except overnight repos, on a mark-to-market basis using prices from AMFI-empaneled valuation agencies, aligning with the valuation methodology for other money market and debt securities. Short-term bank deposits will continue to be valued on cost plus accrual basis. The changes aim to ensure uniformity in valuation methodology and address potential regulatory arbitrage concerns. The provisions are effective from January 1, 2025, under SEBI's powers to regulate securities markets and protect investor interests.
This circular modifies the valuation methodology for repurchase (repo) transactions, including tri-party repo (TREPS), by mutual funds. Previously, repo transactions up to 30 days tenor were valued on cost plus accrual basis. The circular mandates valuing all repo transactions, except overnight repos, on a mark-to-market basis using prices from AMFI-empaneled valuation agencies, aligning with the valuation methodology for other money market and debt securities. Short-term bank deposits will continue to be valued on cost plus accrual basis. The changes aim to ensure uniformity in valuation methodology and address potential regulatory arbitrage concerns. The provisions are effective from January 1, 2025, under SEBI's powers to regulate securities markets and protect investor interests.
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