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    Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Value...
    Cabinet approves MoU between SEBI and FSC
    Cabinet approves signing of Memorandum of Understanding between Securities and Exchange Board of India (SEBI) and Capital Markets Authority (CMA), Kuw...
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    October 21, 2017
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    Valuation by Registered Valuers establishes registration, standards and recognition framework for valuers and valuation reports.
    Commencement of Section 247 establishes a statutory regime requiring valuers - individuals, partnerships or companies - to register with the authority designated by the Central Government, defining categories of valuers and prescribing eligibility, qualifications, experience and mandatory membership of recognised Registered Valuers Organisations which must have governance structures to enforce a code of conduct, provide training and conduct valuation education for asset classes; the authority will register valuers, recognise RVOs, prescribe valuation standards and valuation report contents, with a transitional period allowing continued provision of valuation services until requirements are met.
    October 12, 2017
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    Regulatory cooperation to formalize cross border technical assistance and information sharing for securities market development.
    Approval is granted for a Memorandum of Understanding between a domestic securities regulator and an overseas financial services regulator to formalize mutual cooperation and technical assistance, create conditions for effective securities market development in both jurisdictions, and strengthen the information sharing framework to support coordinated regulatory activities.
    October 12, 2017
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    Regulatory cooperation enables enhanced information sharing and technical assistance under a new securities markets MoU.
    Approval has been granted for a Memorandum of Understanding between the Securities and Exchange Board of India and the Capital Markets Authority, Kuwait to establish a framework for bilateral regulatory cooperation focused on technical assistance, mutual cooperation, and information sharing to support development and oversight of securities markets.

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