The Hub April 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.

Changing dynamics of fundamental factors of business process flow, consumer spending trends, growth recovery of major manufacturing based economies & progressive as well as restrictive sovereign policies are affecting decision making process at board levels as corporates across the globe are under pressure to adopt responsible & sustainable structure for future growth while maintaining investor’s expectations.

Setting in the Hub – April, 2021 issue highlights “Board Leaders: Rethink Strategy, Risk, and Stakeholder Focus”. Challenges to be faced by corporate leaders, adaptation to emerging board practices & alignment of strategies to capture new opportunities are the key feature of this section.

Vignettes showcase opinions of Mr. Nawshir Mirza, professional Independent Director on SEBI Consultation paper on review of regulatory provisions related to independent directors.

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Regulatory Worktop, the key updates about, a) SEBI tweaks the framework on Unique Client Code (UCC) and the PAN, b) Competition Commission of India (CCI) incorporated new laws on Coram for meetings of the Commission, c) MII to formulate code to prevent fraud & market abuse:SEBI, d) SEBI issued new regulation limiting mutual funds exposure to perpetual bonds e) Streamline the IPO process by UPI and settling investor concerns: SEBI and f) Amendment in Companies Act: Remuneration to Non-Executive & Independent Directors.

Regulators Eye focus on the key updates relating to a) Stricter Accounting Rules from start of new Financial Year, b) Sebi eases listing norms for startups, c) Obstacles in ESG: Engaging in Environmental, Social, and Corporate Governance to pluralize Growth, d) PSU’s Flout mandatory Corporate Governance norms: Move towards Privatisation e) Independent Directors Exempt from Criminal Liability:CII and f) Post Pandemic- How should your board respond?

Events Expo showcasing relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers IIM Indore Online Learning-Based Certificate Program in Advanced General Management Program for Corporate Leaders (April 30 2021) and National Institute of Bank Management Pune| Online Training Programme on Strategic Leadership for Women Leaders (April 19 - 21 2021).

Global Events, suggested are INSEAD offers International Directors Programme for 8-12 weeks both via virtual and on-campus (April 12 2021) and Institute of Directors (IOD) offers a two-day course on Finance for Non-Finance Directors via a virtual medium (April 21 - 23, 2021) .