This edition of the Finance Newsletter covers recent notifications issued by the Insolvency and Bankruptcy Board of India, the Reserve Bank of India and the Securities and Exchange Board of India. Some of the significant developments include:
- Changes being considered to the Insolvency and Bankruptcy Code, 2016;
- Report of Cross Border Insolvency Rules/Regulations Committee II on group insolvency;
- RBI Guidelines on acquisition and holding of shares/ voting rights in banking companies;
- Fully accessible route for investment by non-residents in government securities;
- Operational circular for credit rating agencies;
- Amendments to InvITs and REITs Regulations; and
- Definition of ‘change in control’ amended for intermediaries.
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