States its purpose as developing the national economy and protecting investment (Art. 1) and names the Financial Supervisory Commission as the competent authority (Art. 3). Art. 36 sets the periodic reporting deadlines for public companies, and Art. 66 lets the authority warn securities firms, order removal of managers, suspend business or revoke permission; Art. 178-1 is the fining provision cited in the FSC's securities sanctions. The Securities and Futures Institute's database marks the text as amended 7 August 2024.
The Reserve Bank of India has issued final Directions on minimum capital requirements for market risk under the revised Basel III framework, effective April 1, 2027. The framework adopts the Simplified Standardised…
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