This publication highlights key regulations fintech companies in India must comply with, including risk management practices, KYC, AML, cybersecurity, and regulatory frameworks.
SEBI's amendments to ICDR Regulations aim to strengthen capital markets and boost investor confidence. Our publication offers key insights into these impactful changes.
Setting the context
The Securities & Commodities Authority (SCA) has updated Joint Stock Companies Governance Guide (Guide) w.e.f. 16 January 2024
The Corporate Governance framework as laid out in...
Background
Prior to the adoption of ASU 2023-08, entities, except those within the ambit of the investment-company guidance in ASC 946 or certain types of broker-dealers, accounted for crypto assets as...
Background
An entity’s income tax information remains critical for the users of financial statements in understanding how an entity’s operations, related tax risks, tax planning, and operational opportunities...
Salient features of the RBI circular
Currently, HFCs accepting public deposits are subject to more relaxed prudential parameters on deposit acceptance as compared to NBFCs. Since the regulatory concerns...
Goodwill is an asset arising from a business combination when a company obtains control over a business paying an acquisition purchase price that is greater than the value assigned to the identifiable...
BACKGROUND
Entity’s segment information remains important and critical for Investors, lenders, creditors, and other allocators of capitals (collectively “investors”) in understanding entity’s different...
Uniqus Consultech Inc., the ESG and Accounting & Reporting Consulting company, announced a global strategic partnership with Board International (‘Board’).
BACKGROUND
The RBI Governor’s Statement dated October 6, 2023 stated that certain components of personal loans were recording very high growth. He further stated that such loans were being closely monitored...
India’s top listed companies appear to have a growing problem of retaining talent. The median attrition rate of BSE 100 firms stood at 17% in the year ended 31 March, sharply up from 10% rate in 2020-21...
Executive Summary
Earlier this year, the RBI issued a DP on provisioning as per the ECL approach which was largely acknowledged as a paradigm shift in how banks in India were required to provide for financial...
Overview
The Securities and Exchange Commission issued new private fund advisers rules and amendments under the Investment Advisers Act of 1940 (“Advisers Act”) to enhance the regulation of private fund...
Uniqus Consultech, which started its operations in December last year as an accounting and reporting consulting, and ESG consulting firm, does not foresee any significant hiring challenge in scaling up....
SEBI’s July 2023 circular enhances ESG reporting for listed entities, emphasizing assurance, value chain disclosures, and aligning with global standards to protect investor interests.