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...
SEBI issued a standardized circular mandating a comprehensive format for System and Network audit reports for Market Infrastructure Institutions (MIIs). The circular establishes a uniform template to enhance data quality, regulatory compliance monitoring, and observation traceability across stock exchanges, clearing corporations, and depositories. Applicable from FY 2024-25, the directive requires MIIs to implement the new reporting framework, including amendments to existing bylaws and regulations. The standardized format introduces a unique observation identification system and detailed compliance tracking mechanisms to improve technological risk management and regulatory oversight in financial market infrastructure.
SEBI issued a standardized circular mandating a comprehensive format for System and Network audit reports for Market Infrastructure Institutions (MIIs). The circular establishes a uniform template to enhance data quality, regulatory compliance monitoring, and observation traceability across stock exchanges, clearing corporations, and depositories. Applicable from FY 2024-25, the directive requires MIIs to implement the new reporting framework, including amendments to existing bylaws and regulations. The standardized format introduces a unique observation identification system and detailed compliance tracking mechanisms to improve technological risk management and regulatory oversight in financial market infrastructure.
Note: It is a system-generated summary and is for quick reference only.