SEBI’s ‘MF Lite’ regulations are said to have been approved by the regulator’s Mutual Fund advisory committee. These regulations will benefit mutual fund houses that only wish to launch passive funds and therefore do not require much oversight and tighter regulation.
The file pertaining to the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme, 2023 was approved by Delhi Lt Governor V K Saxena. The policy is likely to be notified soon. The Apna Bike Taxi Association, in an open letter to Lieutenant Governor V K Saxena and the Delhi government, said it has appealed to the authorities several times to get its grievances addressed but the pleas have not been heard.
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The first Foundation exam under New Scheme will be held in June, 2024 and the first Intermediate and Final Examination under New Scheme will be conducted in May, 2024.