Regulatory Alerts | December 2023 || Faqonline.org

The regulatory updates publication issued by the Foundation for Audit Quality (FAQ) highlights the latest developments in accounting, auditing and regulatory developments in India and internationally. This month’s edition covers some of the important updates on accounting, auditing and regulatory matters and other discussion/consultation papers from regulators for the period from 1 December 2023 to 31 December 2023.

Regulatory updates for December 2023

Some of the key topics covered in this edition include:

The Securities and Exchange Board of India (SEBI) has issued certain modifications/additions to the framework for Social Stock Exchange (SSE). These include disclosure requirements of past social impact, procedures regarding the public issuance of Zero Coupon Zero Principal (ZCZP) instruments and other conditions relating to issuance of ZCZP instruments
The Reserve Bank of India (RBI) issued Frequently Asked Questions (FAQs) on the framework for acceptance of green deposits. These FAQs provide certain clarifications on the existing framework that RBI had issued in 2023
Consultation paper issued by SEBI on verification of market rumours.