Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
A regulatory authority has mandated joint annual inspections of entities registered with multiple market infrastructure institutions (MIIs) to reduce operational disruptions caused by separate inspections. The policy requires coordinated inspections covering all segments, including stock broking, depository participant, and clearing activities, with MIIs sharing inspection information and designating a lead MII to initiate enforcement. Inspection criteria have been revised to prioritize entities with high penalties, investor complaints, arbitration cases, or high-risk scores, while others will be inspected at least once every three years. Special inspections may occur based on specific triggers regardless of prior inspection timing. MIIs must establish a joint standard operating procedure by November 1, 2025, and amend relevant regulations accordingly. This policy supersedes a prior circular and takes effect December 1, 2025, aiming to enhance supervision efficiency and investor protection in securities markets.
A regulatory authority has mandated joint annual inspections of entities registered with multiple market infrastructure institutions (MIIs) to reduce operational disruptions caused by separate inspections. The policy requires coordinated inspections covering all segments, including stock broking, depository participant, and clearing activities, with MIIs sharing inspection information and designating a lead MII to initiate enforcement. Inspection criteria have been revised to prioritize entities with high penalties, investor complaints, arbitration cases, or high-risk scores, while others will be inspected at least once every three years. Special inspections may occur based on specific triggers regardless of prior inspection timing. MIIs must establish a joint standard operating procedure by November 1, 2025, and amend relevant regulations accordingly. This policy supersedes a prior circular and takes effect December 1, 2025, aiming to enhance supervision efficiency and investor protection in securities markets.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
