The Hub December, 2024, monthly e-newsletter from Independent Directors’ Databank provides you a broad view of developments happening around Regulatory framework, Corporate world among other updates.

The featured stories in various sections cover regulatory updates, governance practices and experience sharing by Independent Directors.

To increase resilience in today’s evolving risk environment, companies must address a multitude of new external and internal requirements. Many companies are tackling these individually rather than holistically, however, which increases organizational complexity and raises the costs of managing it. How can companies combat complexity and boost efficiency by simplifying processes while still ensuring that they maintain a robust risk and compliance framework?

Setting in the Hub – December, 2024 issue highlights “Global ESG, Compliance, and Risk Report 2024” a survey report from BCG.

Vignettes showcase extract of interview of Dr. Ajay Bhushan Pandey, Chairperson, National Financial Reporting Authority titled India’s Alignment with Global Audit Norms is key to ‘Viksit Bharat Vision’.

Regulatory Worktop shares the key updates about, a) SEBI Consultation paper on applicability of corporate governance provisions under SEBI (LODR) Regulations, 2015 on SME companies, b) IBBI Discussion Paper on amendments to Liquidation Process Regulations, 2016 and Voluntary Liquidation Process Regulations, 2017, c) Consultation Paper on Draft IFSCA (Capital Market Intermediaries) Regulations, 2024, d) SEBI to review definition of Unpublished Price Sensitive Information under PIT regulations and e) CCI seeking inputs for effective implementation of ‘Manner of Recovery of Monetary Penalty’ regulations.

Regulators Eye focus on the key updates relating to a) Proxy advisors recommended Raymond shareholders to vote against Gautam Singhania, b) Auditing of companies has improved in last 3-4 yrs: NFRA Chairperson, c) Rating agencies downgrading Adani companies after US SEC allegations, d) US Government propose to break-up Google and e) Climate change risks have started to impact financial system: RBI.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers Director’s Certification Program for Audit Committee Members | IICA-NFRA | December, 2024 and Global Summit on Responsible Corporate Governance & Sustainability Due Diligence | Assocham | December 11, 2024.

Global Events, suggested are 5^th Annual Boca-ECGI Corporate Finance and Governance Conference | CEU San Pablo University-Madrid | December 13-14, 2024 and What does a mature board think, say and do? | ICGN | December 10, 2024.