In order to mitigate the risk associated with the outsourcing of IT activities by Regulated Entities (Res) while maintaining compliance obligations and responsibilities towards their customers, On 10th April 2023 Reserve Bank of India (RBI) released a Master Direction on Outsourcing of Information Technology Services. The direction would be effective from first of October 2023 […]
Read More →In exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities, market regulator SEBI has come out with another set of instructions vide circular dated 15.07.2016(SEBI Circular on FDR’s – PDF) to strengthen its risk management mechanism. After implementation […]
Read More →Bitcoin is a form of digital currency, created and held electronically. It is an electronic Cash System and a peer to peer digital system of payments and transactions take place between users directly, without an intermediary. It can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or naira, which […]
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