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BANKING AND FOREIGN EXCHANGE
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- The Reserve Bank of India (RBI) has issued notification RBI/2019-20/88 dated November 04, 2019 in relation liquidity risk management framework for Non-Banking Financial Companies and Core Investment Companies.
For more information, please access –
https://rbidocs.rbi.org.in/rdocs/notification/PDFs/NT88CF9DC47368A842CEB727122B1F5DC383.PDF
- The Reserve Bank of India (RBI) has issued notification RBI/2019-20/96 dated November 08, 2019 in relation Technical Specifications for all participants of the Account Aggregator (AA) ecosystem. The NBFC-AA consolidates financial information of a customer held with different financial entities, spread across financial sector regulators adopting different IT systems and interfaces. In order to ensure that such movement of data is secured, duly authorised, smooth and seamless, it has been decided to put in place a set of core technical specifications for the participants of the AA ecosystem.
For more information, please access –
https://rbidocs.rbi.org.in/rdocs/notification/PDFs/NT9653CEFA5CC9F84316BF533DE6C3CA4616.PDF
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LABOUR LAW
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- Ministry of Labour & Employment approves MoUs signed between India and German Agency in the field of Occupational Diseases, Re-habilitation and vocational training [November 06, 2019]
For more information, please access –
https://pib.gov.in/PressReleseDetail.aspx?PRID=1590697
- Ministry of Labour & Employment Parliamentary standing committee invites suggestions on ‘The Occupational safety, health and working conditions code, 2019’ [November 07, 2019]
For more information, please access –
https://pib.gov.in/PressReleseDetail.aspx?PRID=1590896
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COMPETITION LAW
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- The Federal Trade Commission (FTC) sues Multi-Level Marketer Neora, formerly known as Nerium, alleging it operates as an Illegal Pyramid Scheme [November 01, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-sues-multi-level-marketer-neora-formerly-known-nerium
- The Federal Trade Commission (FTC) announces January workshop to examine Voice Cloning Technologies [November 04, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-announces-january-workshop-examine-voice-cloning-technologies
- AT&T to Pay $60 Million to Resolve with the Federal Trade Commission (FTC) allegations it misled Consumers with ‘Unlimited Data’ Promises [November 05, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/att-pay-60-million-resolve-ftc-allegations-it-misled-consumers
- The Federal Trade Commission (FTC) releases advertising disclosures guidance for online influencers [November 05, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-releases-advertising-disclosures-guidance-online-influencers
- The Federal Trade Commission (FTC) Acts to shut down companies operating Real Estate Seminar Scheme [November 05, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-acts-shut-down-companies-operating-real-estate-seminar-scheme
- The Federal Trade Commission (FTC) Commissioners upon a finding that consummated merger of Microprocessor Prosthetic Knee Companies was anticompetitive; have sought asset to be divested [November 06, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-commissioners-unanimously-find-consummated-merger
- The Federal Trade Commission (FTC) charges Nevada Company with falsely claiming participation in the EU-U.S. Privacy Shield [November 07, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-charges-nevada-company-falsely-claiming-participation-eu-us
- The Federal Trade Commission (FTC) and DOJ approve Procedural Amendments to HSR rules for Foreign Entities [November 08, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/ftc-doj-approve-procedural-amendments-hsr-rules-foreign-entities
- State aid: Commission approves over €22 million of public support to promote rail transport operability in the Netherlands [November 05, 2019]
For more information, please access –
https://europa.eu/rapid/press-release_IP-19-6223_en.pdf
- Utah Company Settles Federal Trade Commission (FTC) allegations that it failed to Safeguard Consumer Data [November 12, 2019]
For more information, please access –
https://www.ftc.gov/news-events/press-releases/2019/11/utah-company-settles-ftc-allegations-it-failed-safeguard-consumer
- Competition Commission of India (CCI) approves the acquisition of shareholdings in Mumbai International Airport Limited (“MIAL”) by Adani Properties Private Limited (“APPL”) from Bid Services Division (Mauritius) Limited (“BSDA”) and ACSA Global Limited (“ACSA”), under Section 31(1) of the Competition Act, 2002 (“Act”) [November 14, 2019]
For more information, please access –
https://www.cci.gov.in/sites/default/files/press_release/PR182019-20.pdf
- Competition Commission of India (CCI) approves merger of the BNP Paribas (BNPP)Mutual Fund and the Baroda (BOB)Mutual Fund, under Section 31(1) of the Competition Act, 2002 [November 14, 2019]
For more information, please access –
https://www.cci.gov.in/sites/default/files/press_release/PR202019-20.pdf
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ENERGY
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NEWS
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