BILLS, ACTS AND RULES

• In order to increase the accessibility and efficiency of services extended to the members of the public for their day-to-day non-trade current account transactions, it has been decided that Systemically Important Non-Deposit taking Investment and Credit Companies shall be eligible for Authorized Dealer- Category II (AD- Cat II) licence, subject to meeting the specified conditions. In this context, the Reserve Bank of India (RBI) has issued a notification RBI/2018-19/170 dated April 16, 2019.
  For more information, please access -
  https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11538&Mode=0

COMPETITION LAW

• The Federal Trade Commission (FTC) FTC Returns More than $1 Million to Victims of Bobby J. Robinson’s Work-at-Home Scheme [April 16, 2019]
  For more information, please access –ReadMore
• The Federal Trade Commission (FTC) Announces Agenda for May Forum on Small Business Financing [April 22, 2019]
  For more information, please access –ReadMore
• The Federal Trade Commission (FTC) charges Surescripts with Illegal Monopolization of E-Prescription markets [April 24, 2019]
  For more information, please access –ReadMore
• The Federal Trade Commission (FTC) alleges operators of two commercial websites failed to Protect Consumers’ Data [April 24, 2019]
  For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/04/ftc-alleges-operators-two-commercial-websites-failed-protect
• Antitrust: Commission accepts commitments by Mastercard and Visa to cut inter-regional interchange fees [April 29, 2019]
  For more information, please access –
  http://europa.eu/rapid/press-release_IP-19-2311_en.htm

NEWS

• Securities and Exchange Board of India (SEBI) plan to restrict royalty payments to 2% runs into hurdles [April 26, 2019]
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