MCA amends Companies (Accounts) Rules, 2014; NBFCs to whom IND AS is applicable must mandatorily file Forms AOC-4 NBFC (Ind AS) & AOC-4 CFS NBFC (Ind AS); extends time for filing the forms till 31.03.20 by comtideging1971 | Feb 6, 2020 | CORP, NBFCs, statesIn a Notification dated 30th January, 2020 the Ministry of Corporate Affairs (“MCA”) has issued... Read More
RBI revises the Liquidity Risk Management Framework applicable to NBFCs; lays down the timeline and types of NBFCs which should adhere to the Introduction of Liquidity Coverage Ratio (LCR) by comtideging1971 | Nov 11, 2019 | NBFCs, OPS, statesIn a Notification dated 4th November, 2019, the Reserve Bank of India (“RBI”) has issued a revised... Read More
RBI amends KYC Norms for Regulated Entities; allows use of Aadhar for KYC with the consent of customers by Lexplosion | Jun 4, 2019 | CORP, NBFCs, statesIn line with the amendments to the Prevention of Money-laundering (Maintenance of Records) Rules,... Read More
Delhi Police orders NBFCs to install CCTVs, maintain record of visitors, provide protection to employees and restrict huge cash transactions after sunset; effective from 2nd April, 2019-31st May, 2019 by Lexplosion | Apr 4, 2019 | National Capital Territory of Delhi , NBFCs, OPSAssistant Commissioner of Police (Sub Division Chanakya Puri, New Delhi District) has, in an order... Read More
