The Hub February 2021, the monthly newsletter from Independent Directors’ Databank gives you a broad view of developments happening around Regulatory policies, Corporate world etc. among others.

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

COVID-19 vaccine rollout program around the world are pushing world economy toward a new normalcy. Regulators and Corporate leader have to shift their approach to new emerging practices to keep themselves aligned.

Setting in the Hub – February 2021 ushers "Cyber Security: A Key Concern for Board Room". It highlights the importance of Cyber Security for decision makers as the Post-pandemic economic world would be more reliant on IT infrastructure. Recent "Solarwind" attack in USA has already attracted worldwide attention.

Vignettes showcase a brief note on exclusive Research Report of Fitch Ratings on "ESG Credit Trends 2021" which highlights the importance of ESG aspects for financial institutions and credit analysts. COVID-19 pandemic and worsening environment situations are pushing decision makers for emphasis on ESG aspects.

Regulatory Worktop, shares the key updates about, a) Updation in provisions related to Corporate Social Responsibility, b) Risk Based Internal Audit (RBIA) Framework for Banks for Strengthening Governance arrangements, c) Govt introduces faceless penalty scheme, d) Company Law Committee recommends decriminalisation of LLP Act, introduction of 'small LLPs' and e) SEBI’s relaxation for certain compliances by Listed Companies.

Regulators Eye focus on the key updates relating to a) IBC at a crossroad; to take pre-packaged route for resolution of distressed debt, b) Economic Survey asks government to revamp PSU companies’ boards, do more IPOs, c) ICAI plans to use AI to identify non-compliances in financial statements, d) RBI proposes scale-based regulations for shadow banks and e) SEBI seeks to empower minority shareholders.

Events Expo showcase relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers Two days Familiarization Program for Independent Directors in Goa, 18-19 February, 2021 and Program on Organizational Leadership for 21st Century.

Global Events, suggested are online Program on The Leadership Transition and Online Program for Company Directors.